Current News

-A A +A

Bashara family plans for new hotel, $17M investment for downtown Montpelier

Tue, 11/14/2017 - 3:48pm -- tim

Vermont Business Magazine Today, joined by Governor Phil Scott and Montpelier Mayor John Hollar, the Bashara Family announced plans to build a new 89-room hotel on their existing 3-acre property in downtown Montpelier.  The hotel, a new, four-level parking structure, and a revitalization of the existing Capitol Plaza lot, is expected to bring over $17 million in new investment to Montpelier. The project will create 50-60 construction jobs during the year-long construction phase, and the Bashara Family estimates they will create 30-50 new jobs at the hotel.

Vermont regulators declare Centers for Living and Rehabilitation 'Deficiency Free'

Tue, 11/14/2017 - 3:30pm -- tim

Vermont Business Magazine Southwestern Vermont Health Care’s (SVHC) Centers for Living and Rehabilitation (CLR), a skilled nursing and rehabilitation facility in Bennington, recently earned Vermont regulators’ highest commendation, deficiency free. Last month, five surveyors from the Vermont Department of Disabilities, Aging, and Independent Living arrived unannounced for their yearly survey.

Victoria’s Secret, Bath & Body Works Stores to expand at UMall

Tue, 11/14/2017 - 3:26pm -- tim

Vermont Business Magazine KeyPoint Partners, LLC (KPP) has negotiated a lease with L Brands for an expansion and relocation of the Victoria’s Secret and Bath & Body Works stores at University Mall (UMall)  in South Burlington, according to Robert Lemons, Managing Partner of the firm.  KPP Vice President of Leasing Don Mace completed the transaction. Victoria’s Secret and Bath & Body Works, both long-time tenants at UMall, have been located in adjacent spaces totaling 6,900.

Produce Safety Improvement Grant program accepting applications Wednesday

Tue, 11/14/2017 - 3:15pm -- tim

Vermont Business Magazine The Vermont Agency of Agriculture, Food & Markets (VAAFM) will accept applications for Produce Safety Improvement Grants beginning November 15. Approximately $74,000 in funding is available in this round, and funds will be awarded on a first-come, first-served basis to eligible applicants. Applicants must grow, harvest, pack, or hold “covered produce” as defined by the U.S.

City Market opens South End Co-op Thursday

Tue, 11/14/2017 - 3:07pm -- tim

Vermont Business Magazine City Market’s long anticipated second store (207 Flynn Avenue, Burlington) opens to the public on Thursday, November 16, 2017. Regular hours at the South End store are 7am to 9pm daily with many of the same amenities the community enjoys at the Downtown store. The South End cooperative includes expanded space for produce, meat & seafood, cheese, prepared foods, indoor café seating and areas for the community to congregate.

NuHarbor Security joins CrowdStrike’s Elevate Partner Program

Tue, 11/14/2017 - 3:04pm -- tim

Vermont Business Magazine NuHarbor Security of Essex Junction has joined CrowdStrike’s Elevate Partner Program. Along with other next-generation information security services, NuHarbor Security will offer CrowdStrike’s industry-leading endpoint protection platform to help customers stop breaches. NuHarbor Security will offer CrowdStrike’s solutions and services, all of which are intended to help businesses ensure the readiness of their cyber security posture to detect, prevent and respond to attacks.

Stowe to open Friday

Tue, 11/14/2017 - 2:50pm -- tim

Vermont Business Magazine Stowe Mountain Resort, now under ownership of the Vail Resorts, will open Friday. Vail announced today that many of its North American venues from East to West Coasts will open for the 2017-2018 ski season the same day, November 17. Canada's Whistler Blackcomb, North America's largest resort, will open for the season with three feet of base snow, while Vermont's Stowe Mountain Resort will open summit-to-base skiing on the resort's world-renowned Mt Mansfield. The Lake Tahoe Region's Heavenly Mountain Resort will also open Friday.

Deborah Bucknam of Walden appointed to the Vermont Commission on Women

Tue, 11/14/2017 - 2:35pm -- tim

Vermont Business Magazine The Vermont Republican Party has appointed Deborah T Bucknam, Esq of Walden to serve on the Vermont Commission on Women. Bucknam will serve the remaining 2 years of Susie Hudson’s 4-year term. Bucknam has been practicing law in Vermont since 1979, and was licensed to practice in New Hampshire in 2005.

VSA Vermont gives thanks

Tue, 11/14/2017 - 1:05pm -- tim

VSA Vermont It’s November, which brings with it chilly temperatures and Thanksgiving, a time to reflect and give thanks for the past year. At VSA Vermont, we have so much to be grateful for! Over the 2016-17 program year our 1,268 activities reached almost 5,000 participants at 79 sites acoss Vermont.

Genworth: Home health care costs increasing in Vermont

Tue, 11/14/2017 - 11:30am -- tim

Vermont Business Magazine The cost to receive long term care services at home with a home health care aide has increased both nationally and in Vermont, according to Genworth's 14th annual Cost of Care Survey. Home is where most Americans receive long term care. The annual cost in Vermont is pushing $60,000. Overall, the annual median cost of long term care services in Vermont increased an average of 2.48 percent from 2016 to 2017.

PAI: US Senate tax plan is a bad deal for most Vermonters

Tue, 11/14/2017 - 11:19am -- tim

Public Assets Institute Income inequality is already growing in Vermont. And if Congress has its way on tax reform, that problem will get worse. Analysis released yesterday by the Institute on Taxation and Economic Policy shows that, like the House plan from earlier this month, the newly released U.S. Senate’s tax plan helps Vermonters at the top the most.

Vermont ranked 22nd place to live for middle class earners

Tue, 11/14/2017 - 11:06am -- tim

Vermont Business Magazine A national firm has ranked Vermont 22nd among the best states to live on a middle-class income. Iowa and South Dakota are the best, according to a new study by personal finance website GOBankingRates. Hawaii and Massachusetts were worst, as the ranking more or less followed how expensive states were to live in. Vermont was also one of only two states to see median household income rise between 1999 and 2014. Vermont was also the second highest ranked state in New England, behind Maine (15).