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Town of Milton·Vermont

Ground Lease Opportunity – Multi-Generational Recreation Facility

Closes 1/2/2026$1M – $5MRequest for Proposal
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Description

The Town of Milton, Vermont is seeking a private partner to develop and manage a high-quality, multi-use recreation complex on Town-owned property. The project is guided by the HVS Market and Feasibility Study, which confirmed substantial market support for a phased recreation complex serving both Milton and the greater Burlington–St. Albans region. The Town seeks a partner to design, construct, finance, and operate the facility, with a focus on providing a high-quality recreation experience for the community. Key components of the proposal include a concept plan, financial proposal, operations and management plan, and implementation schedule. • The facility will be located on Town-owned property at Bombardier Park. • The project will be guided by the HVS Market and Feasibility Study. • The Town seeks a partner to design, construct, finance, and operate the facility. • The facility will provide a high-quality recreation experience for the community. • The project will include a phased approach, with the first phase including a community center and gymnasium.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Chris Taylor(Town Manager)

[email protected]

(802) 891-6655

Key dates

Opened
11/20/2025
Closes
1/2/2026

Last updated

Details

Type
Request for Proposal
Industry
Sports and Recreation
NAICS
713940
Solicitation №
72064

Budget estimate

$1,000,000 – $5,000,000

The estimated economic impact of the project is expected to exceed $2.4 million annually once fully developed. The actual budget will depend on various factors, including the final design and construction costs, financing terms, and operational performance of the facility. A reasonable estimate for the budget range could be between $1 million and $5 million per year, considering the potential revenue streams from memberships, rentals, and programs.

AI estimate from the solicitation

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