Montpelier Development Corporation | Economic Development

We work to ensure the long-term viability and economic success of Montpelier, Vermont

Wraparound Support.

Montpelier Development Corporation provides a wraparound system of support to existing and new organizations. We are here to help from early concepts to bringing plans to fruition.

Why Montpelier?

Montpelier is the central hub of Vermont, boasting a high quality of life, great places to work, and a strong sense of community. Learn more about what Montpelier has to offer its residents, workforce, and organizations here.

Informed Community.

We aim to elevate the awareness and excitement about economic development in Montpelier. Montpelier Development Corporation provides project updates and insights into activity happening around the city.

City ponders tax stabilization

October 11, 2019

Stephen Mills, Times Argus

MONTPELIER — A revision of Montpelier’s tax stabilization policy has raised concerns about potential conflicts with the city’s newly created Tax Incremental Financing district.

The issue arose at a meeting of City Council Wednesday during discussion about revising the city’s tax stabilization policy.

Review of the tax stabilization policy followed a request by Councilor Ashley Hill some months ago, when she adamantly opposed cit...

Local Press

Big transition for Nutty Steph's

August 27, 2019

Stephen Mills, Times Argus

MONTPELIER — Nutty Steph’s has embarked on an epic transition as a company that will include opening a new commercial and retail outlet in the Capital City.

The Middlesex-based granola and chocolate company — also noted for its Ceres on a Stick chocolate promo of a new State House statue last year — has become an employee-owned cooperative.

It will open an additional, new 4,400-square-foot facility in the former One More Time se...

Local Press

MDC Updates

Lisa Maxwell to Head the Montpelier Development Corporation

July 18, 2019

The Montpelier Development Corporation (“MDC”) announced today that Lisa Maxwell has accepted the position of Executive Director for the organization. The MDC is an independent, non-profit entity that serves as the steward of the Economic Development Strategic Plan for the City of Montpelier, Vermont. Reporting to the Board of Directors of the MDC, the Executive Director works closely with local government, area businesses and...

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