PUEBLO — A utility is paying to maintain and secure a pair of retired power stations in Pueblo as negotiations continue to redevelop the site.
Black Hills Energy, which owns the stations, is working with the developer Riverwalk North Alliance on a deal to transform the site into spaces for retail, restaurants and a hotel.
Black Hills spokesperson Julie Rodriguez says the utility spends about $100,000 per year on maintenance and security. She says they hope to have a deal finalized in the coming months.
The Pueblo City Council designated the power stations as a local historic landmark Monday to help prevent them from being demolished.
Rodriguez says it may take a year or two before construction could begin due to regulatory filings and other requirements.
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