LONGMONT -- Because of eminent domain proceedings filed by the city against Dillard's, the redevelopment of Twin Peaks Mall likely will take a little longer than originally thought.

Allen Ginsborg, managing director and principal with mall owner NewMark Merrill Mountain States, told an audience of more than 100 people Wednesday night that instead of breaking ground on what will be Village at the Peaks -- the name of the redeveloped property -- this fall, it likely will be winter, and more specifically probably early 2014, before that can occur.

Dillard's owns its own building and land and its current lease agreement allows it to block any and all redevelopment on any of the 75-acre mall property. It has turned down requests to be part of the redevelopment or to sell to NewMark Merrill, so the Longmont City Council, acting as the Longmont Urban Renewal Authority, filed condemnation proceedings against the retailer to keep the development project moving forward.

The city has a financial stake in the redevelopment, having committed $27.5 million to the $80 million project.

Instead of having at least 75 percent of Village at the Peaks open by the holiday shopping season of 2014, it likely will be spring of 2015, Ginsborg said Wednesday night.

"There's a point where we can't process certain plans to keep the project moving forward," he said.

The city and Dillard's are scheduled for a court appearance later this month. NewMark Merrill, which is not part of those court proceedings, has its hands tied in terms of moving forward until Dillard's no longer has ownership of its property, Ginsborg said.

"There's going to be some delay, and it'll depend on the judicial process," he said.

Meanwhile, NewMark Merrill has five people working full-time to find new tenants for the project, Ginsborg said. Sam's Club, Whole Foods Market and Regal Entertainment Group have been announced as the three major anchors.

Regal, which is building a new state-of-the-art movie theater, is making one of its 12 screens into a format it calls the Regal Premium Experience -- a 60-foot wide, floor-to-ceiling screen with high-back, luxury seating and more seats than a standard-size theater. There's only one other RPX screen in Colorado, Ginsborg said, and fewer than 1 percent of the company's 7,500 screens worldwide are RPX screens.

A few other details of Village at the Peaks that Ginsborg shared Wednesday night were a couple of fountains near a roundabout in the middle of "The Village" portion of the property, which will be in the central-west portion of the property. A pop-up water fountain also will be nearby, as will a stage with a lawn area for seating. The Village will be ringed by smaller-format shops and restaurants.

Sam's Club will be in the northeast portion of the property and the movie theater just to the south of it. Several smaller anchors will wrap around to the south to the Whole Foods, which will be in the southwest corner of the property. Several new restaurant pad sites will be on the west side of the property along Hover Street.

"The ring road doesn't move," Ginsborg said. "There's a very slight modification to the south."

Some of the other amenities will include the city's bike path being extended into different parts of the property; outdoor fireplaces; charging stations for cars; and a dog park on the property's eastern edge.

The goal of his team in the design process, Ginsborg told the audience, was to create "a regional draw with a local heart."

Tony Kindelspire can be reached at 303-684-5291 or at tkindelspire@times-call.com.