The Foothills Mall received a foreclosure notice after missing a scheduled debt payment in October.

The Fort Collins shopping center that opened in 2015 at the sight of the old Foothills Fashion Mall still owes $46.59 million on its original loan.

The Foothills Mall now has an April 6 deadline to receive the final amount of its $145 million loan, according to a Loveland Reporter-Herald report.

If lender lender MUFG Union Bank N.A. doesn't receive the rest of its payment, the Foothills Mall would go to a foreclosure auction in April 21.

The Foothills Mall currently houses more than 50 retail and restaurants businesses.

Retro 102.5 logo
Enter your number to get our free mobile app

Old Town Fort Collins: Ten Years Ago, and Now

More From Retro 102.5