The former S.W. Thayer School on North Avenue in Burlington will be redeveloped to include affordable housing.
Cathedral Square Corp. (CSC) purchased the property from the State of Vermont yesterday. CSC will redevelop it in conjunction with Champlain Housing Trust and EF Farrell.
The building, which also houses the Burlington branch of the Vermont Department of Motor Vehicles, will eventually include 100 condominium units: 60 senior units and 40 family units.
The first Thayer School building (pictured) was built in 1894, on the site of an even older school that dated back to the Civil War era. It sits next to the building that was sold yesterday and serves as office space.
The structure sold yesterday was built in 1947 and served as an elementary school until the state bought it in 1980.
CSC is a non-profit organization in Burlington that owns and manages properties for seniors and individuals with special needs.