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The delay in finalizing negotiations between Los Alamos County and the Boyer Company has some residents concerned that the Trinity Place project is never going to happen.
Final details are not the only concern, however. During the county’s strategic planning meeting on Feb. 27, Councilor Mike Wismer brought up the suggestion that the county may want to look at a contingency plan if the deal does fall through.
Given the state of the economy, many retailers are struggling and the ability to secure an anchor for Trinity Place has been questioned.
Boyer Company, based in Utah has a lengthy portfolio, which includes build to suit projects, government, industrial, medical, office, residential and retail projects, as well.
On the retail end of the spectrum, Boyer has constructed 17 projects and currently has two that are in development. Of the two developing projects, Trinity Place is one and the other is another mixed-use development called Valley Station, located in Heber City, Utah.
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