Burlington, VT: $30 million, 20,000-unit apartment building slated for the city

Burlington, Vermont (CNN) — Burlington’s first condo project, which will include 20,300 apartments and an outdoor swimming pool, will begin construction this month, a building manager said.

The Burlington, home to the city’s largest university and the largest city park in Vermont, will be a “unique, affordable, and sustainable community,” said Paul Bernhardt, a managing director for Burlington Housing Corporation.

Bernhardt said the building will feature a courtyard, outdoor swimming pools and a gym.

“This project will not only create a beautiful space for residents and visitors alike, but will also contribute to our economic growth, as we will create a significant new employment opportunity for our residents,” he said in a statement.

While the city has no construction permit yet, the building is slated to begin construction on April 12.

It will have 15,000 square feet of commercial space and 8,000 residential units, Bernhardt said. 

Construction on the project will start in 2020, he added.

Newspaper reports indicate that the project may require the demolition of a previous project in the neighborhood, the Burlington-Macon Development, which was completed in 2016.

A preliminary design of the project was published in February, but the project’s design review was not complete until March, according to a press release from the developer. 

According to Bernhardt’s statement, Burlington is not the first place in Vermont to build a luxury condo.

In 2015, the city bought the property at 13th and Madison streets for $2.7 million.

The city also purchased the former U.S. Cellular building at 23rd and Macon for $1.8 million in 2017.

Construction is expected to begin in 2019, Bernhart said.