Developers present South End Innovation District proposal: 13-acre site, 1,100–1,500 units and a 20% affordability commitment; infrastructure financing remains—

Developers and Hula representatives presented a predevelopment plan for a 13-acre site in Burlington’s South End Innovation District on April 2, describing a project they estimate could deliver roughly 1,100 to 1,500 residential units and a public-infrastructure ask they described as necessary to proceed.

Adam Nickrassen of Nickrassen Group introduced the presentation and called the plan "what hopes to be the largest housing development in Vermont." Lucia Campriello, team lead at Hula, described the South End campus and Hula’s work incubating entrepreneurship and said the campus currently hosts about 1,200 members and several hundred visiting coworkers annually. Founder Russ Scully said the surface parking lot adjacent to Hula spans three abutting parcels totaling about 13 acres and is owned by three parties (the Scullys' parcel, the City of Burlington, and Champlain College); the team described a coordinated redevelopment across all three parcels.

Developers gave a range of program and financing details. The current predevelopment plan targets between 1,115 and 1,500 units across the…