21 N Main St, PO Box 409
Randolph, VT 05060


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Salisbury Square Development

SALISBURY SQUARE - A NEW NET ZERO DOWNTOWN NEIGHBORHOOD 

Salisbury Square is the name of a Planned Community on the former site of the Ethan Allen Plant #1 in Randolph, VT, which before that was the home of the Salisbury Furniture Company. The 4.3 acre site, which had been vacant and blighted for almost 20 years, was acquired by RACDC in 2006, to redevelop into a new, energy efficient, mixed-income and pedestrian-friendly downtown neighborhood. With the help of Two Rivers RPC and EPA, RACDC performed extensive environmental investigation on the site, and enrolled it into the State‚Äôs Brownfield Redevelopment Program and was cleaned up under the program in 2011.  In Phase I, RACDC developed 10 apartments on School Street; 4 apartments at the end of Salisbury Street, renovated the historic book-keeping office; and built the first of the 22 permitted homes.

Phase II Plans. The market crash in 2009 and the subsequent contraction of the real estate market prevented continuing the project as originally anticipated. In 2017, as the market began to recover, we began to re-envision the project.  Working with a development team, RACDC is now proposing to revise the site plan to accommodate more open space and 21 high energy performance homes affordable to median income households, and incorporating solar arrays that should generate enough energy to run the homes.  In partnership with Efficiency Vermont, RACDC has reached out to several area home builders who are capable of producing net zero homes at a price-point that we believe we can make available to moderate income households at affordable prices, provided that we can obtain grants from a group of funders which together can subsidize the cost of the land and development infrastructure, plus state tax credits and other incentives that can close any remaining gaps in affordability for purchasers of the homes.

In 2020, we were awarded the first of these grants, a $475,000 grant from the Northern Borders Commission to help pay for the infrastructure development.  In 2021, the development team hopes to complete the site plan and design revisions, identify the remaining funds, and updates permits so that we can begin buildling the homes in 2022.