- Associated Press - Friday, April 25, 2014

ESSEX JUNCTION, Vt. (AP) - A Vermont real estate company wants to build a $10 million, 70,000-square foot building at the Essex Junction five corners.

The proposal by Milot Real Estate Inc., of Williston, would tear down a now-closed bank and build a four-story, 70,000-square-foot structure with retail space on the ground floor and 51 apartments in the upper stories.

The Burlington Free Press (http://bfpne.ws/1nrwwbr ) reports the project is going to be reviewed under Vermont’s land-use planning law known as Act 250. It has won approval from the village’s planning commission.

Milot’s Brett Grabowski says the building would bring more residences to the downtown and offer needed retail and commercial space.

But resident Hugh Gibson says the structure is out of scale with the surrounding buildings.

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