Six months after filing a lien on the Cottonwood Broadway apartment property in Salt Lake City, local general contractor Rimrock Construction has sued the property’s owner, CW Broadway JV LLC, for $3.1 million. The contractor alleges that sum remains unpaid for its work on the property, according to court documents.
Salt Lake City-based CW Broadway JV LLC is an affiliate of the property’s developer, Cottonwood Residential, also based in Salt Lake City. The real estate investment trust has 29 properties across the country, concentrated in Utah and the Sun Belt, according to the company website.
Rimrock filed its lien on Cottonwood Broadway in July 2024, stating that the contractor provided materials and services for the property between Nov. 29, 2019, and Jan. 26, 2024, for which it was not paid. The filing claims a principal of over $3.1 million, as well as interest, costs and attorneys’ fees.
The lawsuit, filed in the Third District Court for Salt Lake County on Jan. 14, states that Rimrock and Cottonwood entered a construction agreement on or about Oct. 31, 2019. While Rimrock completed the work and was paid for a significant portion, just over $3.1 million of what the contractor was owed under this agreement remains unpaid, according to the complaint.
The plaintiff claims that it made repeated requests for payment following the lien, which the defendant did not answer. Rimrock seeks the foreclosure of the lien, the sale of the property in order to satisfy unpaid debts and a judgment stating that Cottonwood cannot have any right or title to the property.
Rimrock is one of three contractors that have filed liens on the Cottonwood Broadway project, according to Building Salt Lake. Salt Lake City-based JRock Construction, a concrete contractor, filed a $412,000 lien in October, while Bluffdale, Utah-based Architectural Components filed a lien for $34,000 in September.
Cottonwood Broadway is in lease-up and open to residents, according to Cottonwood Residential’s website. The developer did not respond to a request for comment from Multifamily Dive.
