The real estate company selling the units in the Waterview Residences, a long-stalled condominium project formerly known as Uptown 240, announced it will start taking contracts on the first batch of units June 17.

Jonathan Nixon, a broker with Slifer Smith & Frampton Real Estate, wrote in an email that potential buyers can see the first batch of units on Waterview’s website now. The luxury development in Dillon will have 80 units, with five studios, 29 one-bedrooms, 34 two-bedrooms and 12 three-bedrooms. The units will range in price from about $745,000 to just under $2 million.

Prior developers failed to build condominiums at the Waterview’s Lake Dillon Drive location, and a company owned by developer Jake Porritt bought the project in a bankruptcy sale in February 2024 for $12.75 million. That sale released anyone who put down deposits for the units in the original project from their contracts, so all 80 Waterview units will be available for sale.

Nixon wrote that Waterview buyers will put down a 20% earnest money deposit, with 10% at contract and 10% at top off of the building, which is expected to happen in about a year.

In a news release, Slifer Smith & Frampton stated that “significant construction progress” has been made since a crane was installed at the site in April. Construction is on schedule to be completed in summer 2028, the release stated.

The first batch of available units includes 17 residences, all on the third and fourth floors. Nixon wrote that each of the building’s four floors will have 20 units total. The units range in size from about 550-1,400 square feet, according to the release.

The release stated the Waterview will feature two levels of underground parking, an outdoor courtyard with a hot tub, a community room with a fireplace and kitchen, a coworking space with a patio, a fitness center, and a ground floor restaurant.

Visit WaterviewDillon.com for more information.