The Federal Building at 87 State Street
The decision of the federal government to transition ownership of the federal building at 87 State Street has enormous implications for Montpelier’s downtown and future. The Montpelier Commission for Recovery and Resilience is spearheading a collaborative effort with the City and State of Vermont to explore the future for the Federal Building and parcel at 87 State Street. This initiative aims to leverage the General Services Administration's (GSA’s) disposition process to transform the currently vacant building into a downtown asset, potentially boosting the local economy, increasing housing, and enhancing the city's resilience. Working with the State of Vermont, the plan is to express interest in negotiated sale on or before the GSA-imposed May 21st deadline. The request to GSA will be for at least 180 days to study the site and engage development consultants to ensure the property's future aligns with Montpelier's vision for a vibrant and flood-resilient downtown.
For the May 9, 2025 update from MCRR on next steps related to the federal building, please click here.
On April 21, the General Services Administration sent to the City of Montpelier a “Notice of Surplus Determination for Federal Real Property. Read it here.
Read the MCRR statement issued on December 5, the day after GSA announced their plans to dispose of the building here.
Background on the GSA Disposition Process can be found here.