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Projects In Development

RuralEdge is constantly seeking ways to expand our portfolio and rehabilitate the existing portfolio to create housing that is both quality and perpetually affordable. Here are just some of our projects currently underway:

Projects In Development

Brightlook Apartments

Brightlook Apartments is an 18-unit general occupancy building, located off Summer Street in St. Johnsbury, that was recently purchased by RuralEdge. The building was originally a hospital and was renovated into apartments in the early 1970s. Our short-term goals for the building are to address any deficiencies in the mechanical systems and upgrade the energy efficiency, where possible.

Projects In Development

Burkeland Lane

Burkeland Lane (formerly West Burke Housing) is a 15 unit rental housing development, nine of the units are senior housing and six are multi-family units. RuralEdge is currently securing funding for the property, with plans for a larger development that would include the construction of eight additional units of multi-family housing.

Construction is anticipated to begin in May 2022

Projects In Development

St. Johnsbury Accessory Buildings

This is a project located in St. Johnsbury with locations at 759 Railroad Street and 138 Cherry Street. When complete, it will consist of seven units of general occupancy rental housing. 759 Railroad is a single-family home that will be renovated to create one, three-bedroom unit on the first and second floor and a studio, ADA unit in the walkout basement. 138 Cherry was damaged by fire in April 2021. As a result, the building is vacant. It has fire, smoke, and water damage, but is in good condition structurally. The building’s five, one-bedroom units will be renovated to create four two-bedroom units and one one-bedroom unit. 

Read more about this project HERE

This project is out to bid and construction is anticipated to begin in Summer 2022.

Projects In Development

Lakeview Housing

Lakeview Housing is a development consisting of three buildings totaling 16 units located on Field Avenue, Highland Avenue, and Governor Prouty Drive in Newport, Vermont. Lakeview is a USDA Rural Development property and is in need of capital repairs and other standard improvements, as it has been in our portfolio for some time. This project, currently in its design phase, will improve the properties to ensure their long-term sustainability. 

The project is currently awaiting funding. 

Projects In Development

Crystal Lake Housing

Crystal Lake Housing consists of three buildings totaling 15 units located on High Street, Main Street and Water Street in Barton, Vermont. Crystal Lake is a USDA Rural Development property and, due to its age, needs capital repairs to ensure its long-term sustainability.

The project is currently awaiting funding.

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