The outdoor shopping plaza, Maple Tree Place, now has a new owner.
Cypress Equities made the announcement on Tuesday.
The company is planning on upgrading the lighting, signage, and landscaping.
“Chittenden County’s affluence and upscale demographics made Maple Tree Place an attractive acquisition,” said Chris Maguire, chief executive officer for Cypress. “Our development plans for the center will further enhance the project’s appeal to customers, as well as prospective stores and restaurants.”
“We are looking forward to becoming a strong community partner and positioning Maple Tree Place as a gathering spot for locals and tourists in the area,” said Todd Anderton, Vice President of Marketing for Cypress
Tune into Local 22 tonight at 6 & 7 for more on this story.