South Bend Redevelopment Commission sues high-rise developer
Published: Jan. 30, 2023 at 4:40 PM EST
SOUTH BEND, Ind. (WNDU) - The city of South Bend has followed through on its threat to sue downtown developer David Matthews.
The 12-story apartment building at 300 E. LaSalle Avenue in the East Bank neighborhood was supposed to have a first-floor grocery store and pharmacy. That has yet to take shape, even though the deadline for completion had been extended an additional two and a half years.
The city is seeking to recover the $5 million worth of public improvements it contributed to the project, plus a $250,000 penalty.
The State of Indiana contributed nearly $5 million to the project as well. It’s unclear if it will attempt to recover its investment.
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