Dewberry Hotel: Difference between revisions

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*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>
*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">
*January 19, 2011: Fulton County State Court in Georgia awards assets of project to Specialty Finance Group <ref name="20110121-progress" />


==References==
==References==

Revision as of 14:20, 24 January 2011


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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 [1]

References

  1. 1.0 1.1 Web. Minor: 'Travesty of justice' on Landmark ruling, Daily Progress, Lee Enterprises, January 21, 2011, retrieved January 24, 2011.
  2. 2.0 2.1 Danielson, Minor break ground on ‘Landmark’ Dave McNair, The Hook, March 11 2008, retrieved 26 Aug 2009.
  3. 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. 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.
  5. "FDIC Abuse in Charlottesville | Change.org." Web. 03 Aug. 2010. <http://www.savecharlottesville.com/>.
  6. 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>
  7. Landmark Hotel developer given permission to take down black granite facade, Sean Tubbs, Charlottesville Tomorrow, October 22, 2008, retreived 26 Aug. 2009
  8. New Details about New Luxury Hotel, Joanna Shrewsbury, NBC 29, March 11 2008, retrieved 26 Aug 2009.
  9. Landmark letdown: Hotel project’s lender folds, Lindsay Barnes, The Hook, May 1 2009, retrieved 26 Aug 2009.
  10. Landmark Hotel developer fired Brian McNeill, Daily Progress, December 6, 2008, retrieved 26 Aug 2009.
  11. 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>

External links