Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
Categories:

Archives:
Meta:
December 2024
S M T W T F S
« Oct    
1234567
891011121314
15161718192021
22232425262728
293031  
03/25/07
Builder seeks damages from city
Filed under: General, Real Estate
Posted by: Lillian Wong @ 4:26 pm

A developer that is building a residential development in northeast Phoenix is seeking nearly $18 million in damages, alleging that city-imposed delays have knocked the project more than two years off schedule. An attorney representing Gray Development Group claims that the city made unnecessary requirements of his client’s Paradise Ridge project that includes three multifamily developments on about 33 acres of land near 64th Street and Mayo Boulevard. The developer claims that the city-imposed delays pushed back the project schedule, making the development subject to the higher impact fees that took effect in February.  More…

Leave a Reply