A developer building an office tower adjacent to the NASCAR Hall of Fame has sued the city of Charlotte over the escalating cost of a shared parking lot.
The developer, Corporate Plaza Partners, LLC, is an affiliate of Lauth Properties. It says the city is overcharging for the cost of expanding the lot.
But city staff members said that Corporate Plaza Partners is reneging on an agreement that is part of the NASCAR complex on Stonewall and Brevard streets.
The developer filed a motion for a temporary restraining order, seeking to keep the city from collecting $3.4 million.
Click here to read the motion.
- Julia Oliver