The BADC fund-raising campaign for the purchase of the old JJ Newberry building is progressing well.
The initial Purchase Option expiration date was June 11, 2025. However, the owners have agreed to a
90-day extension, and most significantly, a reduction in the selling price from $1,000,000 to $800,000! Accordingly, our fundraising goal has been reduced from $1,100,000 to $850,000 to cover the purchase, closing, and any unforeseen post-closing costs.
As of June 16th, we have raised $710,000* in donations and pledges, which is approximately 85% of our revised fundraising goal. The finish line is in sight and achievable. We continue to seek donor support for this campaign and the eventual removal of this blighted building from our downtown.
Barre Area Development
Barre Area Development, Inc. is a nonprofit organization focused on supporting opportunities for economic development and employment, strengthening the tax base, and increasing private and municipal investment in Barre, Vermont.
Barre, Vermont, stands as a testament to its illustrious granite history, a vibrant hub of quarrying and craftsmanship that shaped iconic landmarks nationwide. Barre seamlessly marries its granite legacy with modern vibrancy, a convergence of history and contemporary living. With a robust workforce and affordable living, it offers a compelling combination of tradition and progress in a picturesque Vermont setting.
Our Board.
Barre Area Development is proud to have a board of directors who are passionate about the Barre Community. Made up of dedicated individuals from various sectors, our board members are committed to fostering economic growth in the area. Get to know them below.
