Peter Holmberg established Holmberg Properties in 1985 as a diversified full-service real estate development and investment company. Since its founding, the company has been the owner and developer of commercial property, residential real estate and for a select group of clients, has provided services in the area of property management, real estate valuation, real estate sales, construction and project management.
The company started with the redesign and complete renovation of the Red Carpet Inn (now EconoLodge) on Shelburne Road, Shelburne, Vermont. The company saw an opportunity to capitalize on the growth of Vermont's tourism industry by undertaking a value-added investment in a strong growth market. After the renovation and redesign, the property was sold to an investor as a stabilized hotel.
As the company grew, it moved into the development of residential subdivisions in Chittenden and Addison counties, Vermont. Vermont was developing a strong professional class of highly-skilled, highly-educated workers looking for the quality of life benefits that Vermont offers.
The company started with the redesign and complete renovation of the Red Carpet Inn (now EconoLodge) on Shelburne Road, Shelburne, Vermont. The company saw an opportunity to capitalize on the growth of Vermont's tourism industry by undertaking a value-added investment in a strong growth market. After the renovation and redesign, the property was sold to an investor as a stabilized hotel.
As the company grew, it moved into the development of residential subdivisions in Chittenden and Addison counties, Vermont. Vermont was developing a strong professional class of highly-skilled, highly-educated workers looking for the quality of life benefits that Vermont offers.
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