Daily Archives: November 21, 2019

Way Down In The Hole

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[Not Exactly As Illustrated]

Brookfield Asset Management, the alleged developer of Burlington’s infamous hole in the ground, continues to be frustratingly vague about its plans and its timeline for actually building something on the former site of the Burlington Town Center. And folks, this could turn out to be the defining issue in the March 2021 city elections, when incumbent Mayor Miro Weinberger is expected to seek a third term.

And, to craft the ultimate in mixed metaphors, that hole may become a millstone around his neck.

Demolition of the old mall began nearly two years ago. Original developer Don Sinex began boasting of big plans for the site way back in 2014. He tapped out earlier this year, and Brookfield stepped into the void.

(Sorry.)

(Although Sinex’s grand vision for Burlington CityPlace can, for shits and giggles, still be seen on its splashy website. Maybe cityplaceburlington.com been declared a historic monument or summat.)

City leaders are pressing Brookfield for some measure of certainty about its plans. Brookfield has failed to miss planning benchmarks since it took over the property. It presented sketches of a site plan to for the site to city council last month, but many crucial details remain to be filled in.

Weinberger, who was a loud and vocal supporter of Sinex and has now, a little more cautiously, tossed his hat into the Brookfield ring, is sounding a little antsy. Seven Days:

“We are looking for them to do more, quickly, to prove … that, in the end, it’s going to succeed,” Mayor Miro Weinberger said. “We are looking for some further confirmation on that.”

Good luck with that, Mr. Mayor. And good luck running for re-election if the hole is still a hole in early 2021. Which is not terribly farfetched; every step on a project of this scope is going to take time, especially in a micromanaging community like Burlington.

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A Gloomy Day for Vermont Newspapers

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There were two pieces of bad news on the state’s media front today — one substantive, the other more symbolic.

The latter is the departure of Rob Mitchell from the Rutland Herald and Barre Montpelier Times Argus. The former is the fully-consummated merger of Burlington Free Press owner Gannett with GateHouse, forming the largest (by far) newspaper chain in the country. The combined entity, now saddled with $1.8 billion in debt and facing continued declines in circulation and ad revenue, is set to go on a cost-cutting spree that could eliminate more than 10 percent of its workforce.

Mitchell had continued to serve as general manager of the papers after their 2016 sale to Pennsylvania-based Sample Newspapers. His resignation marks the end of more than 80 years of Mitchell family involvement in the two papers.

If he’s being in any way forced out by the new owners, he’d doubtless keep that to himself. He did say that “I started to realize that I wasn’t growing in this role anymore,” which could be taken to mean that he didn’t see a future under outside ownership.

The Mitchells’ tenure wasn’t perfect, but they were at least local owners answerable to their own communities. Sample, whose properties include a few dailies and a lot of weeklies and free shoppers, has no such ties. So far, its tenure has not seen noticeable cuts — but neither has there been any tangible sign of strengthening the Herald and Times Argus, which have been bare-bones operations for years.

The Gannett/GateHouse deal creates a true industry monster that will control 18 percent of America’s dailies. Ken Doctor, news industry analyst who writes the Newsonomics column for the Nieman Foundation, expects that one in eight G/G employees will be out of a job by the end of 2020. And that’s on top of a fresh round of layoffs expected to come even before the GateHouse bloodletting begins.

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