• Newport development deal appears dead
     | August 23,2014

    NEWPORT ó A proposal from the owner of Jay Peak Resort to buy a plaza in Newport to make way for a convention center appears to be off the table.

    Vermont Public Radio reported that Bill Stenger of Jay Peak and real estate developer Tony Pomerleau have had an on-again, off-again agreement to transfer ownership of the Lake Memphremagog waterfront plaza. Stenger had said it would make a great convention center and marina.

    But Pomerleau said Stenger failed to make the first of several down payments of $1 million each.

    Stenger confirmed the plaza isnít part of the plan now, but said heís still committed to a conference center hotel in Newport.

    MORE IN Vermont News

    RANDOLPH — Police are seeking information following a break-in at an interstate rest stop. Full Story

    MONTPELIER — High deductibles for health plans causing financial hardship for Americans... Full Story

    Two rare Vermont turtles may qualify for listing as nationally endangered species, federal... Full Story

    Rare Vermont turtles found threatened
    More Articles
    • VIDEOS
    • PHOTOS