Bay Ridge, Shelburne — In Construction
Overview
When Champlain Housing Trust purchased the Econo Lodge on Shelburne Road in 2013 and began operating it as Harbor Place, there was always the idea that the property had a different future. That future is now.
The new Bay Ridge neighborhood, at Shelburne Road and Champlain Drive, will include 94 new permanently affordable homes including 68 affordable apartments for rent and 26 affordable condominiums for sale, a new neighborhood street, and a playground.
These 94 new permanently affordable homes will add significantly to the quantity and affordability of Shelburne’s housing stock. In the mix of apartments are 21 three and four bedroom rentals to provide more options for larger families. As with other new properties, some of the apartments will be set aside for people exiting homelessness, some will be affordable to households earning 60% of area median income, and some will be affordable to households earning 80% of area median income.
The condominiums will be sold through CHT’s Shared Equity program, ensuring that they will remain affordable for generations of homeowners and that Shelburne will always have some affordable homeownership available in the community.
Housing Types & Amenities
• 94 new permanently affordable homes including 68 affordable apartments for rent and 26 affordable condominiums for sale, a new neighborhood street, and a playground
• Both onsite and offsite solar arrays to reduce dependence on carbon-emitting energy sources, and the condominiums will be fully electric.
• Amenities in the rental buildings will include a community room, community laundry, and underground parking
Construction & Occupancy Dates
Construction is estimated to be completed in Summer/Fall 2025.