Two Ouray businessmen are proposing to build an apartment complex in town to house Ouray Silver Mines employees, a project they say would help meet the needs of the mine as it readies for production and provide a much-needed cash infusion for the city.

Mark Iuppenlatz and Craig Hinkson plan to construct 30 one- and two-bedroom apartments on a 3-acre parcel on Hinkson Terrace. Their goal is to have the development finished and move-in ready within a ye...