Dewberry Hotel: Difference between revisions
(bankruptcy) |
No edit summary |
||
Line 1: | Line 1: | ||
{{stub}} | {{stub}} | ||
The [[Landmark Hotel]] is a partially constructed building on the [[Downtown Mall]], proposed as a nine-story, 100-room luxury hotel. The site is a former bank building owned by Wachovia after it purchased Central Fidelity. | The [[Landmark Hotel]] is a partially constructed building on the [[Downtown Mall]], proposed as a nine-story, 100-room luxury hotel. The site is a former bank building owned by Wachovia after it purchased Central Fidelity. In January 2011, a Georgia court awarded the project to [[Specialty Finance Group]] following a long legal dispute. <ref name="20110121-progress">{{cite-progress|title=Minor: 'Travesty of justice' on Landmark ruling|url=http://www2.dailyprogress.com/news/2011/jan/21/minor-travesty-justice-landmark-ruling-ar-789742/|author=|pageno=|printdate=January 21, 2011|publishdate=January 21, 2011|accessdate=January 24, 2011|cturl=}}</ref> | ||
The real estate and project | The real estate and project was formerly owned by [[Halsey Minor]]<ref name=hookgroundbreaking>[http://www.readthehook.com/blog/index.php/2008/03/11/danielson-minor-break-ground-on-landmark/ Danielson, Minor break ground on ‘Landmark’] Dave McNair, [[The Hook]], March 11 2008, retrieved 26 Aug 2009.</ref> Minor is represented by DLA Piper<ref>Kates, Tasha. "Judge Confirms Award in Heated Landmark Hotel Battle | Daily Progress." Home | Daily Progress. 25 Aug. 2010. Web. 26 Aug. 2010. <http://www2.dailyprogress.com/news/2010/aug/25/judge-confirms-award-heated-landmark-hotel-battle-ar-473414/>.</ref>. | ||
Prior owners of the project included [[Lee Danielson]] and [[Oliver Kuttner]], and other names used for the project in the past are '''The Beacon-Charlottesville''' and '''Hotel Charlottesville'''<ref name=hookbeacon>[http://www.readthehook.com/stories/2007/03/01/ONARCH-0609-B.rtf.aspx ONARCHITECTURE- Bright idea: Danielson's Beacon's back in town], Dave McNair, [[The Hook]], March 1, 2007, retrieved 26 Aug 2009.</ref>. | Prior owners of the project included [[Lee Danielson]] and [[Oliver Kuttner]], and other names used for the project in the past are '''The Beacon-Charlottesville''' and '''Hotel Charlottesville'''<ref name=hookbeacon>[http://www.readthehook.com/stories/2007/03/01/ONARCH-0609-B.rtf.aspx ONARCHITECTURE- Bright idea: Danielson's Beacon's back in town], Dave McNair, [[The Hook]], March 1, 2007, retrieved 26 Aug 2009.</ref>. | ||
Line 29: | Line 29: | ||
On August 25, 2010, Judge Edward L. Hogshire signed an arbitration order in which Danielson agreed to pay $4.2 million in damages and $2.2 million in attorneys' fees to Minor. Danielson misrepresented the costs of building the hotel. | On August 25, 2010, Judge Edward L. Hogshire signed an arbitration order in which Danielson agreed to pay $4.2 million in damages and $2.2 million in attorneys' fees to Minor. Danielson misrepresented the costs of building the hotel. | ||
Timeline== | ==Timeline== | ||
*November 15, 2007: Minor Family Hotels LLC and Hotel Charlottesville LLC enter into a development agreement | *November 15, 2007: Minor Family Hotels LLC and Hotel Charlottesville LLC enter into a development agreement | ||
*April 19-23, 2010: Parties hold arbitration meetings at which 8 witnesses testify and thousands of documents are introduced into the record<ref>Shumener, Betty M., Henry H. Oh, and John D. Spurling. "Re: Minor Family Hotels, LLC vs Hotel Charlottesville." Letter to C. Connor Crook, Esquire, Boyle, Bain, Reback & Slayton. 28 June 2010. Charlottesville Tomorrow's Document Archive. Web. 2 July 2010. <http://www.cvilletomorrow.org/docs/ftp://cvilletomorrow@www.cvilletomorrow.org/httpdocs/docs/20100628-Landmark-Arbitration-Letter.pdf> | *April 19-23, 2010: Parties hold arbitration meetings at which 8 witnesses testify and thousands of documents are introduced into the record<ref>Shumener, Betty M., Henry H. Oh, and John D. Spurling. "Re: Minor Family Hotels, LLC vs Hotel Charlottesville." Letter to C. Connor Crook, Esquire, Boyle, Bain, Reback & Slayton. 28 June 2010. Charlottesville Tomorrow's Document Archive. Web. 2 July 2010. <http://www.cvilletomorrow.org/docs/ftp://cvilletomorrow@www.cvilletomorrow.org/httpdocs/docs/20100628-Landmark-Arbitration-Letter.pdf></ref> | ||
*August 25, 2010: Judge Hogshire signs the arbitration award | *August 25, 2010: Judge Hogshire signs the arbitration award | ||
*January 19, 2011: Fulton County State Court in Georgia awards assets of project to Specialty Finance Group <ref name="20110121-progress"> | |||
==References== | |||
== | |||
<references/> | <references/> | ||
Revision as of 14:14, 24 January 2011
This article is a stub. You can help cvillepedia by expanding it. |
The Landmark Hotel is a partially constructed building on the Downtown Mall, proposed as a nine-story, 100-room luxury hotel. The site is a former bank building owned by Wachovia after it purchased Central Fidelity. In January 2011, a Georgia court awarded the project to Specialty Finance Group following a long legal dispute. [1]
The real estate and project was formerly owned by Halsey Minor[2] Minor is represented by DLA Piper[3].
Prior owners of the project included Lee Danielson and Oliver Kuttner, and other names used for the project in the past are The Beacon-Charlottesville and Hotel Charlottesville[4].
Minor is currently planning a suit against the Federal Deposit Insurance Corporation claiming the federal agency is directly responsible for the stall in the hotel's construction[5].
After winning an arbitration award, Minor's next step is seek mediation against a subsidiary of the now-defunct Silverton Bank. Minor also plans to continue another suit against Danielson.
On September 1, 2010, Minor filed for Chapter 11 bankruptcy[6].
Approvals
The Charlottesville Board of Architectural Review approved the plans on February 20, 2008[4].
BAR granted conditional permission to tear down the black granite façade in October 2008[7].
Construction
At groundbreaking on March 11, 2008, the opening was scheduled for July 2009[8][2].
Financing controversy threatened the project as early as November 2008, and Silverton Bank, the project's lender, eventually was subject of a bank failure[9].
Lee Danielson was the developer of the project until Minor fired him in December 2008[10].
Construction stopped in January of 2009.
On August 25, 2010, Judge Edward L. Hogshire signed an arbitration order in which Danielson agreed to pay $4.2 million in damages and $2.2 million in attorneys' fees to Minor. Danielson misrepresented the costs of building the hotel.
Timeline
- November 15, 2007: Minor Family Hotels LLC and Hotel Charlottesville LLC enter into a development agreement
- April 19-23, 2010: Parties hold arbitration meetings at which 8 witnesses testify and thousands of documents are introduced into the record[11]
- August 25, 2010: Judge Hogshire signs the arbitration award
- January 19, 2011: Fulton County State Court in Georgia awards assets of project to Specialty Finance Group <ref name="20110121-progress">
References
- ↑ Web. Minor: 'Travesty of justice' on Landmark ruling, Daily Progress, Lee Enterprises, January 21, 2011, retrieved January 24, 2011.
- ↑ 2.0 2.1 Danielson, Minor break ground on ‘Landmark’ Dave McNair, The Hook, March 11 2008, retrieved 26 Aug 2009.
- ↑ Kates, Tasha. "Judge Confirms Award in Heated Landmark Hotel Battle | Daily Progress." Home | Daily Progress. 25 Aug. 2010. Web. 26 Aug. 2010. <http://www2.dailyprogress.com/news/2010/aug/25/judge-confirms-award-heated-landmark-hotel-battle-ar-473414/>.
- ↑ 4.0 4.1 ONARCHITECTURE- Bright idea: Danielson's Beacon's back in town, Dave McNair, The Hook, March 1, 2007, retrieved 26 Aug 2009.
- ↑ "FDIC Abuse in Charlottesville | Change.org." Web. 03 Aug. 2010. <http://www.savecharlottesville.com/>.
- ↑ Chianzi, Chiara. "C-Ville: Development - Landmark Hotel Owner Files for Chapter 11 Bankruptcy." C-VILLE Charlottesville's News & Arts Weekly | Charlottesville VA News Music Culture Dining. 7 Sept. 2010. Web. 08 Sept. 2010. <http://www.c-ville.com/index.php?cat=141404064435450&ShowArticle_ID=11800309100517102>
- ↑ Landmark Hotel developer given permission to take down black granite facade, Sean Tubbs, Charlottesville Tomorrow, October 22, 2008, retreived 26 Aug. 2009
- ↑ New Details about New Luxury Hotel, Joanna Shrewsbury, NBC 29, March 11 2008, retrieved 26 Aug 2009.
- ↑ Landmark letdown: Hotel project’s lender folds, Lindsay Barnes, The Hook, May 1 2009, retrieved 26 Aug 2009.
- ↑ Landmark Hotel developer fired Brian McNeill, Daily Progress, December 6, 2008, retrieved 26 Aug 2009.
- ↑ Shumener, Betty M., Henry H. Oh, and John D. Spurling. "Re: Minor Family Hotels, LLC vs Hotel Charlottesville." Letter to C. Connor Crook, Esquire, Boyle, Bain, Reback & Slayton. 28 June 2010. Charlottesville Tomorrow's Document Archive. Web. 2 July 2010. <http://www.cvilletomorrow.org/docs/ftp://cvilletomorrow@www.cvilletomorrow.org/httpdocs/docs/20100628-Landmark-Arbitration-Letter.pdf>