Construction slated to resume next week on Whole Foods Market in Basalt

ASPEN BASALT REAL ESTATE — 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. “By the end of September, people will see steel going up." 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. Mariner announced July 29 that it had re-signed Whole Foods Market as the anchor tenant for the development. A prior lease was nullified when construction stalled. The natural grocer will open a 26,000-square-foot market.
By Scott Condon, September, 2 2011, AT

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Site of aborted Whole Foods Market in Basalt’s Willits Town Center. Construction was halted in Sept. 2008.