Ground Lease Opportunity – Multi-Generational Recreation Facility

The Town of Milton, Vermont (the “Town”) invites qualified development entities to submit proposals for a Ground Lease opportunity involving the design, financing, construction, and operation of a Multi-Generational Recreation Facility (“Facility”) on Town-owned property. This opportunity seeks a private partner to develop and manage a high-quality, multi-use recreation complex that meets strong regional demand for indoor recreation and wellness amenities. The Town’s objective is to make publicly owned land available under favorable lease terms to encourage private investment, with the lessee retaining full operational control and revenue responsibility. The project is guided by the HVS Market and Feasibility Study (January 2, 2025), which confirmed substantial market support for a phased recreation complex serving both Milton and the greater Burlington–St. Albans region