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Developer sues Baltimore over redevelopment job

Wednesday - 9/4/2013, 12:00pm  ET

BALTIMORE (AP) -- A developer is suing the city of Baltimore for at least $50 million in an effort to block officials from entertaining new bids for the so-called Superblock redevelopment project.

The Daily Record (http://bit.ly/17qRZ7d ) reports Lexington Square Partners sued the city Tuesday. The developer claims the city and its development arm breached a 2007 contract by calling off the proposed redevelopment project at the southwest corner of Park Avenue and West Lexington Street.

The city's mayor, Stephanie Rawlings-Blake said in June that the city was unwilling to grant the partnership a sixth extension to obtain the financing needed to start the first phase of the project.

Lexington Square Partners is based in Atlanta and New York. The developer's lead attorney, Charles O. Monk II, says the city canceled the contract prematurely.

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Information from: The Daily Record of Baltimore, http://www.mddailyrecord.com


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