The Real Deal Miami

Worldcenter developer files for Chapter 7

April 15, 2010 01:48PM

South Florida real estate tycoon Marc Roberts, who owns 30 businesses including SunVest USA, Aspen Ritz and H & R Realty, has filed for Chapter 7 bankruptcy protection. The developer has struggled for years to get his Miami Worldcenter mixed-use project off the ground. Roberts’ filing casts more doubt on whether he’ll be able to launch the 12 million-square-foot, 25-acre project, which had looked to transform a rundown portion of the city into a glitzy neighborhood with high-end shops and homes.