Editor’s note: This is the first in a two-part series.
Hildegard Merrill, of Candles Delight, LLC, and one of the principals in the Los Alamos Plaza development project, has a history punctuated by lawsuits and accusations of dubious business practices.
Plans for Los Alamos Plaza, a mixed use project on a 3.9 acre parcel of property located at 2201 Trinity Drive in downtown, have been in various stages of limbo since 2008.
Principals behind the project, estimated at $40 million, are now in a race against the clock to secure financing or lose the property to foreclosure.
But Merrill’s background in the real estate business raises more questions than answers.