The Gypsum Town Council is ready to tackle Tower Center — the town’s biggest development proposal in several years — after several delays.

The council will hold a pair of hearings on Tuesday about the proposed project. The first is a resolution regarding an annexation and development agreement. The second is an ordinance regarding a planned unit development guide. The meeting begins at 7 p.m. at Gypsum Town Hall.

The proposal would add nearly 500 units — a combination of apartment, townhome single-family homes and mixed-use commercial-residential units — as well as roughly 100,000 square feet of commercial space on a 63-acre parcel.

About one-third of the property would be dedicated to building 324 apartments. Another 8.4 acres would see the construction of 80 townhome units. The plan calls for 47 single-family home sites on 6.7 acres. The minimum lot size for those homes would be 5,800 square feet, with homes covering a maximum of 50% of those lots.

The largest commercial site would occupy 11.5 acres, with 26,000 square feet of mixed-use commercial space on a 2.5-acre site. The mixed-used commercial units would allow a maximum of 48 dwelling units.

Developers have been in negotiation with the U.S. Postal Service about the prospect of relocating the town’s post office to the parcel.

That parcel, which sits to the east of the town’s current housing developments along U.S. Highway 6, was originally annexed into the town in 2006 as a potential site for a big-box retail store. But those plans were shelved as the market for that type of development waned and the property sat vacant for several years.

The current property owners bought the land in the midst of the COVID-19 pandemic and first brought plans for a more broad-based project to town officials in 2021.

Delays over the past several months have involved negotiations with town officials over items including details of a water and sewer service plan for the property.

Tuesday’s meeting promises to be a lengthy one, with the second reading of an ordinance regarding carrying firearms in public buildings, as well as ordinances regarding the town’s 2025 budget.

To view the agenda or stream the meeting, go to TownofGypsum.com.