The general contractor for a hotel at Q Burke Mountain Resort is owed $5.5 million and has threatened to put a lien on the 116-unit hotel unless he is paid this week.
Jerry Davis, principal and president of Peak CM Construction, which completed the construction of the hotel in January, holds the Certificate of Occupancy fire and safety permits through an agreement with Q Burke. Without the permits, the owners, Bill Stenger and Ariel Quiros, can’t open the hotel.
The postponement means the Q Burke Hotel may delay opening by nearly a year from what was originally planned, and the hotel may miss the summer wedding season. The hotel was originally slated to open Dec. 11, 2015. Now opening day could be as late as this November.
Davis says he won’t release the permits to the owners until he’s paid or receives sufficient assurances of payment. Davis is weighing other options as well, including litigation, which he said would not be good for Q Burke and the EB-5 immigrants who have invested in the hotel
“If I don’t get an answer this week [starting Sunday, March 13], enough to pay for November, I have to deal with the next step and put a lien on the property,” Davis told VTDigger.
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