Broomfield offers $2M buyout to developer as residents lose faith in town square project

Broomfield is considering offering a $2 million buyout to its developer, City Street Investors, due to long delays and community frustration regarding the Town Square project. Mayor Guyleen Castriotta stated that the city hopes this move will buy certainty and regained control for the community. The decision now rests with the current developer, who faces accepting the payment or continuing under the existing agreement.