Dillard’s chides Longmont for ‘costly, lengthy and uncertain’ eminent domain action

In their first public statement on the Twin Peaks Mall negotiations, Dillard’s officials said they were “disappointed” by the Longmont City Council’s decision to authorize eminent domain against their property, the Longmont Times-Call reports.

The department store chain has spent months talking with NewMark Merrill Mountain States, the mall’s owners, about what it would take to either include Dillard’s in a redeveloped Twin Peaks mall or to buy the store out. Dillard’s owns its own building and land, and holds covenants that give it veto power over many aspects of a new mall’s design.

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