- Associated Press - Tuesday, July 7, 2015

BENNINGTON, Vt. (AP) - The town of Bennington in southern Vermont has become the first public investor in an effort to redevelop its former high school.

The Bennington Select Board voted last week to make up to $18,000 available - with contingencies - from the town’s economic development fund for the initial planning stages of the project.

The historic Main Street structure was built in 1913 and has been vacant for more than 10 years. Now, local developer Jon Hale is expressing interest in turning the 104,000-square-foot property into market-rate apartments and condominiums.

Hale says construction could begin as soon as next spring.

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