Council puts brakes on proposed Las Colonias plaza
The proposed plaza at Las Colonias, which would have included retail and restaurant space, is being put on hold after the Grand Junction City Council and the Downtown Development Authority (DDA) board would not agree to fund $3 million for the development. The plaza was proposed as a project of the Las Colonias Development Corporation (LCDC), which was asking the two entities to split the $3 million cost evenly. It would finance another $3 million through a bank. Members of the City Council raised concerns about the project at a joint meeting held Thursday morning. âI am worried about th...