While road crews work to transform downtownâs busiest intersection, a Front Range developer is crafting plans to transform one of downtownâs biggest blights.
Richmark Real Estate, a developer from the Front Range, is under contract to acquire the old City Market site at 200 Rood Ave. and a neighboring parcel, with an eye toward building hundreds of apartments. Not only will this add more housing downtown but it also activates a long-dead property, both top issues for local leaders.
âRealistically, this isnât going to be affordable housing. But I am excited for this,â said Grand Junction City Council member Abe Herman, who has been a vocal advocate for more housing. âThis is the kind of development you want in downtown.â
A woman helps unload a U-Haul trailer at Six Canyon Apartments in Glenwood Springs. Shannon Marvel / Post Independent
Colorado’s moratorium on evictions is slated to end July 31, yet those in need of rent or mortgage assistance are urged not to wait.
“The biggest thing that people have to remember is that just because there is an eviction moratorium does not mean you’re not responsible for that payment,” said Marian McDonough, regional manager for Catholic Charities in Glenwood Springs. “What may be happening and what people may be panicked about is when the moratorium ends and they may be owing thousands in back rent.”