Terraces complex gets OK for more units, parking | PostIndependent.com
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Terraces complex gets OK for more units, parking

A condominium complex that has been busy releveling its foundations now will be straightening out some other problems related with the development.The Terraces on Midland Avenue won unanimous approval by Glenwood Springs City Council Thursday night to build four more units and add more parking there.The Terrace Condominiums Homeowners Association already has been working this year to repair the foundations on the 12 condo buildings after receiving a lawsuit settlement of nearly $12 million in April from the original developer, Jay Harkins, and others involved with the project. The settling caused cracks, uneven door frames and other problems. The city never allowed occupancy of one building, and a bank foreclosed on 24 condos.Glenwood Condos LLC since has bought those condos, and is working with the homeowners association to rectify remaining problems at the development. One is to address a mistake made by the city, which inadvertently issued building permits for four more units beyond the 100 that were intended. However, the city maintains the developer knew the development was approved for 100 units.When city officials discovered the error, they halted construction. Then the developer defaulted on the project and the litigation followed.Council’s action Thursday allows for completion of the four units, which already had been included in the subdivision plat. While it also provides for more parking that will bring the project into compliance with city’s requirements, that raised concerns for some condo owners over loss of green space at the development.In response, Glenwood Condos LLC has agreed to add two small picnic areas at its expense.City community development director Andrew McGregor said Glenwood Condos also has agreed, as part of the proposal approved Thursday, to complete other construction obligations left undone by the original developer. “This will create a vehicle to clean up a number of issues that have been unresolved for a number of years on the site,” he said.It also resolves the question of what to do about the last four units at a development that has presented numerous challenges for its condo owners.”They’ve had a very difficult row to hoe over the last three or four years,” McGregor said.


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