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Final parcels for secured for Catholic Outreach homeless housing project
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Final parcels secured for Catholic Outreach homeless housing project
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Council discusses how to fund housing priorities
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The city of Grand Junction will be investing an extra $1 million into the Dos Rios project to create additional park space, improve the river access and add a splash pad.
The new park amenities were added after the city and buyer negotiated a deal to amend the contract and extend the closing date by 60 days to the end of April. This is the second extension of the closing the city has signed.
City Attorney John Shaver said the purchaser was completing due diligence work over the fall, but delayed the closing when they had the opportunity to partner with a second party. Shaver said the inclusion of the new investor led to an expansion of the plans for the project.