The New York developer of the long-stalled CityPlace in downtown Burlington says he remains committed to the project, but that it will be at least several months before construction can begin.
In a statement issued Friday, Will Voegele of Brookfield Properties says the company will be working with Burlington officials and others to ensure the design for CityPlace is consistent with the community’s values and goals.
The CityPlace project, originally projected to cost $225 million, was to include office and retail space, and apartments in downtown Burlington.
Demolition for the project was completed last year, leaving a hole in downtown Burlington where the project is to be built.
Burlington Mayor Miro Weinberger says he’s frustrated by the delay, but Brookfield’s statement shows “there’s a good path forward.”
“Despite the additional delays announced today, the City will, at least for now, continue working collaboratively with Brookfield to achieve the important outcomes for the City and its residents that we have sought from the start of this project,” Weinberger said. “We have considered other options, but believe they all would very likely have the effect of keeping this important downtown site inactive for much longer.