Centennial Hill Development Partners is expected to hire a new general contractor this week to complete the condo section of the $127 million, mixed-use venture at Centennial Hill, across from Centennial Olympic Park. That's where COPA Inc., the project's master developer, plans a 19-acre residential neighborhood.

C.D. Moody Construction Co. of Redan, GA was joint venturing the general contracting work with Beers' Atlanta headquarters division and also walked off the project. Southeast Capital Partners is part of the Centennnial Hill development team.

Representatives of Beers, Moody, Southeast Capital Partners and Centennial Hill Development Partners couldn't be reached at GlobeSt.com's publication deadline. But area lawyers practicing construction law tell GlobeSt.com on condition of anonymity, the walkout episode is headed for the courtroom.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.