Montpelier ends litigation over hotel and garage project
MONTPELIER, Vt. (WCAX) - Plans for a hotel and parking garage in Montpelier’s downtown are officially dead after a group of local residents pushed back in court.
The Montpelier City Council voted unanimously earlier this week to end all litigation relating to appeals for the proposed hotel and parking garage project in the city’s downtown.
City leaders say this is because of changing financial circumstances caused by appeals filed by local residents who opposed the project
The city spent approximately $1 million developing the project, which would have been paid from garage revenues and tax increment financing revenues. Instead, these funds will be paid by general property taxpayers.
The Hilton Corporation already withdrew from the agreement with the Capitol Plaza back in April over concerns of ongoing legal delays and no clear construction timeline.
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