MONTPELIER, VT (May 31, 2017) Caledonia Spirits and the City of Montpelier have reached an agreement.
On May 24th, the Montpelier City Council unanimously approved spending $466,700 for several infrastructure improvements to a proposed building site for a new state-of-the-art distillery. The approval was followed by the signing of a Development Agreement by Caledonia Spirits President Ryan Christiansen and Montpelier City Manager William Fraser on Friday, May 26th.
“Montpelier has made it clear that they have a vision for the Capital City, and we’re thrilled to be a part of it.” said Caledonia Spirits’ President, Ryan Christiansen. “Our search for expansion space had us in contact with many towns, but Montpelier proved to be the greatest opportunity for our business.”
Improvements include a railroad crossing, relocation of a city water line, sewer connection and pretreatment, and the building of a public access road. The city will finance the costs from departmental and economic development funds and predicts it will recoup $536,000 over a 10-year period from city service rates and property taxes. The proposed river front site will be accessed from Barre St, directly across the street from 100 acres of undeveloped land famously known as Sabin’s Pasture. The distillery is one of many developments for Barre St, including a city bike path that will pass directly in front of the distillery. Construction of the 30,000 square foot distillery is scheduled to begin in fall of 2017.
“Caledonia Spirits is a community-minded company that will be a great addition to Montpelier. This is the culmination of two years of work, and we are excited that they will soon be breaking ground.” John Hollar, Montpelier Mayor.
“The Montpelier Development Corporation is thrilled to have been a part of helping bring the Caledonia Spirits headquarters and distillery to the state capital of Vermont. The entire Caledonia organization is a top-notch group of folks, and working with Ryan Christiansen in this process has been a pleasure. Caledonia Spirits will be a great asset for our business community and tremendous citizens joining our city.” Joe Evans, Montpelier Development Corporation Executive Director.