Developer Beats City Of Miami In Suit Over $400M Project
By Nathan Hale (March 23, 2018, 7:13 PM EDT) -- A developer won a major legal victory Thursday to thwart efforts by the city of Miami to oust it from a $400 million project it is building on city-owned property, as a state court found in its favor on competing breach of contract claims over the long-delayed project.
Miami-Dade County Circuit Court Judge William Thomas found that Flagstone Island Gardens LLC and Flagstone Development Corp. had fully complied with their duties under various lease and development agreements for a marina, retail and parking facilities, and a hotel, while the city breached those agreements through a default resolution and notice of default....
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