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Local Group Wins Key Montpelier Building | Montpelier News
Description
Montpelier’s historic federal building on 87 State Street has a new local owner—the 87 State Street Local Development Corporation, who outbid others to secure it for $540,000. This victory ensures community-driven control over the property’s future, ending fears of outside investors with little local insight. Treasurer Jon Copans called it a major win, emphasizing the importance of local stewardship to revitalize the space and serve Montpelier’s needs. The group is now poised to breathe new life into the building, marking a pivotal step in downtown revitalization.
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