What's Happening?
Bolton Valley Resort has commenced construction on a new residential neighborhood, marking the first building project at the resort in 30 years. The development, known as Nordic Peaks, will include 32 condos and townhomes designed as year-round residences.
The project follows a lengthy permitting and design process and is expected to provide much-needed housing in Chittenden County's tight real estate market. The first units are anticipated to be available for move-in next year, with completion expected by 2029.
Why It's Important?
The new housing development at Bolton Valley Resort addresses the growing demand for residential properties in the area, potentially easing the housing shortage in Chittenden County. This project not only provides new living spaces but also contributes to the local economy by creating construction jobs and attracting new residents. The development reflects a broader trend of expanding residential options in resort areas, which can enhance community vibrancy and support local businesses year-round.
