Irving Ends Suit Over Music Complex With New $165M Deal

Law360, Dallas (July 26, 2013, 7:09 PM EDT) -- The city of Irving, Texas, and developer Las Colinas Group LP will drop their yearslong fight over a planned $250 million entertainment center after a new developer signed a contract with the city Friday that includes a settlement with LCG and plans for a $165 million music and restaurant center.

The Ark Group, a North Carolina-based private developer, inked a deal in the wee hours of Friday morning with the Irving City Council to build what will be billed the Irving Music Factory, a complex including...
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