Lawsuits against Miami Worldcenter dismissed

Miami /
Jun.June 03, 2015 12:30 PM

Grand Central Lounge and the Omni/Park West Redevelopment Association, which have fought Miami Worldcenter through lawsuits for months, have voluntarily dismissed their suits against the developers of the massive mixed-use project, The Real Deal has learned.

Sources close to the deals speculate that there may be a confidential settlement, though no details have yet surfaced. The dismissals were “with prejudice,” meaning that Grand Central and the Omni/Park West Redevelopment Association have forgone their rights to pursue litigation in the future.

The suits were first filed by attorney Paul Savage last year. The first was on behalf of Grand Central and the Omni/Park West Redevelopment Association last June, surrounding street closures. The second suit, filed in December, alleged that an entitlement package awarded to the project by the city of Miami, which asked the developers to hire local workers in exchange for zoning exemptions and land use rights, had violated several state laws.

“I don’t have any comment besides the public record,” Savage told TRD on Wednesday.

Grand Central is a tenant on land owned by Miami Worldcenter, and the developers have tried to evict the club before over an alleged violation of its lease.

Despite the litigation, city commissioners approved the incentive package a second time this year, and Worldcenter received approval to break ground on its first phase in the third quarter of this year.

A spokesperson for Miami Worldcenter also declined to comment.

The $2 billion project, developed by a partnership between Art Falcone and Nitin Motwani, will stretch 27 acres northwest of Miami’s downtown when completed.

Its first phase includes a 765,000-square-foot shopping mall developed by the Forbes Company and Taubman, the 470-unit Paramount Miami Worldcenter condo tower, an 1,800-room Marriott Marquis hotel and convention center and a rental tower developed by Orlando-based ZOM with 429 apartments.


Related Articles

arrow_forward_ios
Codina Partners’ Armando Codina and Ana-Marie Codina Barlick with 5350 Park condo project (Codina Partners, Getty)
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
From left: AMLI Residential’s Gregory Mutz; Terra’s David Martin; Grand Peaks Properties’ Luke Simpson; Related’s Jorge Perez; and Grand Peaks Properties' Nick Simpson (Getty Images, AMLI, Terra, Grand Peaks Properties, Related, Corwil Architects, Arquitectonica)
Development bonanza: Four Miami projects nab approval
Development bonanza: Four Miami projects nab approval
Balzebre Investments' Robert Balzebre with 8710 Southwest 72nd Street
Winn-Dixie sues landlord over leaky roof at South Miami store
Winn-Dixie sues landlord over leaky roof at South Miami store
Allied Partners founder Eric Hadar and The Savoy Hotel & Beach Club at 425 Ocean Drive (Google Maps, Getty)
Investor seeks $50M for allegedly botched Ocean Drive hotel repairs
Investor seeks $50M for allegedly botched Ocean Drive hotel repairs
Restoration Hardware’s Gary Friedman, Michael Comras and Apollo's Ben Gray (Getty, Comras Company, LinkedIn)
“No f*cking around:” Restoration Hardware’s Miami Design District deal implodes
“No f*cking around:” Restoration Hardware’s Miami Design District deal implodes
Jose Luis Zapata with 505 North Fort Lauderdale Beach Boulevard (Orchestra Hotels, Google Maps)
No check-in zone: Fort Lauderdale Hilton-branded condo-hotel unit owners fight for access
No check-in zone: Fort Lauderdale Hilton-branded condo-hotel unit owners fight for access
Moishe Mana, 48 East Flagler Street (left) and 76 East Flagler Street (right) (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and Google Maps)
Moishe Mana’s downtown Miami tenants allege fraudulent eviction
Moishe Mana’s downtown Miami tenants allege fraudulent eviction
DLP Capital's Don Wenner (DLP Capital, Getty)
Dream, Live, Pay up? Ex-DLP exec alleges Florida firm owes him millions
Dream, Live, Pay up? Ex-DLP exec alleges Florida firm owes him millions
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...