#Dillon #Colorado
The Dillon Town Council will hold a special meeting next week to consider an amendment to the development agreement with Uptown 240, which would extend the deadline for the developer to complete a series of public improvement projects and provide a path forward for continued construction.
Developers on Uptown 240 broke ground on the project in June 2019, but a loss of financing as a result of the COVD-19 pandemic caused serious snags in the process, and construction shut down in April 2020. As part of the development agreement with the town, the developer was required to construct a number of public improvements by the end of September, including repairs to sidewalks and road pavement on Lake Dillon Drive and West Buffalo Street, among others.
That deadline has come and gone, and the work has all been left uncompleted. On Oct. 1, the town issued a default notice to the developer and filed a lien on the property to secure payment of outstanding utility and attorney fees.
