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
High court: Federal judge sides with Miami landlords in marijuana dispensary fight
High court: Federal judge sides with Miami landlords in marijuana dispensary fight
High court: Federal judge sides with Miami landlords in marijuana dispensary fight
Alex Rodriguez and Constantine Scurtis at far right (Getty)
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
Foreclosure lawsuit targets DoubleTree hotel near Miami International Airport
Foreclosure lawsuit targets DoubleTree hotel near Miami International Airport
Foreclosure lawsuit targets DoubleTree hotel near Miami International Airport
Harvey Hernandez and a rendering of his Brickell project
Harvey Hernandez plans three-tower project on riverfront Brickell site
Harvey Hernandez plans three-tower project on riverfront Brickell site
Louis McMillian of Global International Realty and real estate investor Thomas Conway, president of Miami-based Conway CRE (Global International Realty, LinkedIn via Conway)
Jumping the gun? Miami brokerage sues developer for commission on future Bellsouth land deal
Jumping the gun? Miami brokerage sues developer for commission on future Bellsouth land deal
AIMCO founder Terry Considine and a rendering of the Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Miami allegedly granted improper height increase for Design District hotel project: lawsuit
Miami allegedly granted improper height increase for Design District hotel project: lawsuit
Miami allegedly granted improper height increase for Design District hotel project: lawsuit
Infinity project (Kobi Karp)
GPI Real Estate wins $6M settlement over failed Sunny Isles Beach project
GPI Real Estate wins $6M settlement over failed Sunny Isles Beach project
arrow_forward_ios

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

Loading...