The City of South Bend is suing a developer who failed to deliver a grocery store and pharmacy in the ground floor of his apartment building.
The city had previously paid $5 million to the developer of 300 E. LaSalle project and is now seeking $7.5 million in damages from him.
The city alleges that Dave Matthews violated the terms of the contract. Although Matthews’ legal team contended that the city’s compensation demand was unreasonable and unenforceable.
3 comments
How is the developer supposed to force a grocery store and a pharmacy to rent his first floor in SOUTH BEND? The shoplifting and theft would put them out of business almost immediately.
Hey South Bend if you want more grocery stores and pharmacies perhaps you could try prosecuting criminals instead of throwing tax dollars at developers?
The City of South Bend has invested in another real estate white elephant. Do you remember the College Football Hall of Fame Museum ? The city invested in this project and cost the taxpayers money every year. Eventually the Hall of Fame moved out of state.
Maybe the downstairs of this new building could be used for the growing homeless population. The new protective ordinance is right on schedule.
Charles, just like the Martin’s grocery store and Walmart both on Portage Avenue. They closed because they weren’t making money and, too many free items leaving the stores.