St. Albans to get $8M, 84-room hotel

Plans are in the works for an $8 million, 84-room hotel in St. Albans, Vermont.

The St. Albans Messenger reports ( the City council signed a purchase and sale agreement on Monday with PeakCM, a developer in Winooski. Negotiations are underway with American Resort Management for a Hampton Inn at the site.

St. Albans officials have discussed the possibility of a hotel for several years at a vacant site near a new parking garage.

The plan is for the city to invest $1 million in the project, part of $2.5 million it received for the sale of the Federal Street property on which the new state office building is located.


Information from: St. Albans Messenger,