Construction on the Whole Foods Market building at Willits Town Center in Basalt is slated to resume next week, three years after it stalled.
Ryan Anderson, co-president of Mariner Real Estate Management, owner of the property, said the mobilization process is nearly complete and the project is “100 percent” on track.
Mariner acquired the property in May. The former owner, Joseph Freed and Associates, lost control of the project after running into financial difficulties during the recession. Freed had completed much of the foundation when work stalled on Labor Day Weekend 2008.
Anderson said the initial work will be completion of the concrete foundation, installation of utilities and dirt work around the building. “By the end of September, people will see steel going up,” he said.
Mariner announced July 29 that it had re-signed Whole Foods Market as the anchor tenant for the development.
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