#Dillon #Colorado
It’s been a year since work stalled on the Uptown 240 development in Dillon.
The project, which broke ground in summer 2019, was put on hold because it lost financial backing due to the pandemic. According to previous reporting by the Summit Daily News, the financial group that supported the project faced hardships due to COVID-19 and was no longer able to continue with development.
In the months following, Danilo Ottoborgo, who will serve as the owner and operator of the complex along with family members, has worked to secure capital. Ottoborgo would not confirm details Tuesday about whether the project had financial backing and said only that construction would resume “soon.”
He would not provide any other updates.
Ottoborgo previously told Summit Daily that construction was supposed to resume in November and then again in February. He declined to answer why the project was still on hold or when it was expected to be completed.
https://www.summitdaily.com/news/local/one-year-later-dillons-uptown-240-development-remains-stalled/
