Putnam Block Redevelopment – Phase I

» Cost: $30.7 million
» Size: 78,000 SF, Mixed-use
» Status: Under construction, multiple phases
» Age of Buildings: Built between 1822 and 1907

The Putnam Hotel and surrounding block represent the most prominent location in downtown Bennington, Vermont. Having fallen into disrepair, the architecturally significant properties have been underutilized for years, perpetuating a state of decline in the downtown. Revitalization of these celebrated buildings will be a critical economic infusion into Bennington’s downtown, creating a vibrant, mixed-use neighborhood. The project includes in-town living, attractive retail and office space providing jobs, and important amenities like a neighborhood grocery and restaurants. Initiated by civic leaders in the community, this redevelopment is joined by the Bennington County Regional Commission and M&S Development. These investors and developers will lead the effort by identifying the sources of funds, securing tenants and renovating the property.