BURLINGTON, Vt. -
The Mayor wants to build 6 projects near the Burlington waterfront, totaling nearly 10 million dollars in TIF funding. This comes after a year and a half of proposals and work by planning teams.
Turns out the Moran building in Burlington, may have a future.
"I think finally we're going to have closure. After 5 years of spending nearly $5 million in taxpayer money and having zero to show for it, has been very frustrating,” said Dave Hartnett, Democrat City Councilor from Ward 4.
On Monday, Mayor Miro Weinberger announced his 6 picks for waterfront projects. He wants all of them built starting in 2016. Most focus on the Moran building itself which has been abandoned for years.
Mayor Weinberger wants to give the main project, dubbed the “New Moran,” $6.3 million in TIF funding.
The New Moran was pitched by an unlikely pair: Tag Cooke and Eric Crockenberger, 2 UVM seniors.
"It's a testament to Burlington, It's a reflection of Burlington that we were at the table in a process that was meant to be an open community project, was one that two college kids could approach,” said Tag Cooke.
Along with their mixed-use facility, would be the Lake Champlain Community Sailing Center and the Burlington Harbor Marina, receiving a combined million dollars in TIF funding. If this doesn't work, the Mayor says he wants to see the building come down.
“This proposal is the last hope for a major redevelopment of the building. We need to either get this done or move on,” said Mayor Miro Weinberger.
In addition, he's proposing 1.5 million dollars in improvements closer to Waterfront Park, including an ECHO Center Sustainability Park, Waterfront Park upgrades and increased access to the northern waterfront.
All to make Burlington's gateway to the lake, a little more magical.
The Mayor's projects will have to pass a City Council vote on January 27th and then a public vote on town meeting day in March.