Local Firm Purchases former Hannah’s Market

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Local Firm Purchases former Hannah’s Market

Mon, 09/30/2002 - 8:00pm -- tim

Following a fourteen year period of vacancy, Pioneer Environmental Associates, LLC, a Vermont-based consulting firm specializing in water resources planning and permitting work, has purchased the former Hannah’s Market building in Vergennes, VT. The purchase of the property has been facilitated by Ed and Bev Biello of Panton VT, who negotiated with the prior owners to sell the property and who maintained contact with the sellers throughout the process. Mr. Biello stated, “This deal is a very happy ending to a long period of neglect with this property. The building now has local ownership who will be more caring about the building and the community.” Representative Connie Houston, R-Ferrisburgh and Courtney Houston, Realtor of Lang Associates, assisted all parties in completing the transaction. According to Rep. Houston “The Hannah’s building is really the last big piece of the puzzle as far as turning around downtown Vergennes, and ensuring a vibrant, successful downtown into the future, with new jobs and economic opportunity.”
Jeffrey Nelson, owner of Pioneer, plans to fully rehabilitate the building and grounds to provide office space for the consulting firm, and also plans to lease office space in the 6300 square foot building. Exterior changes will include new windows and façade improvements, as well as landscaping. According to Mr. Nelson, “Although the building wasn’t our first choice, the absence of suitable office space elsewhere in Addison County led us to look at more creative options, and to the Hannah’s Market property. I am pleased that with the tireless help from the Biellos, Representative Houston, and Courtney Houston we have been able to make this purchase happen. It is very exciting to be a part of the rebuilding of downtown Vergennes. Everyone we have spoken to has been extremely supportive and helpful, particularly Vergennes City officials who are looking forward to seeing something other than a boarded up building in the downtown area. We plan to do a first class restoration project, and look forward to occupying the building during Spring 2003".
Financing for the project is being provided by the Vergennes office of Lyndonville Savings Bank. Bruce Bernier, Regional Commercial Lender for Lyndonville Savings bank says, “We are very excited to be a participant in this project, and the ongoing efforts to revitalize downtown Vergennes.” According to Mr. Nelson, “Lyndonville Savings Bank has been terrific to work with. The bank has been responsive and helpful. I look forward to joining the bank in making a strong commitment to the future economic vitality of the city.”