TACOMA, WA-Would-be developers of the 650,000-sf Tacoma Promenade shopping center have cried foul again.

In a petition filed this week, they claim the Ninth U.S. Court of Appeals ignored their rights to complete the $8.3 million land buy back in the early 1990s and also deprived them of their day in court.

In its original lawsuit, Tacoma Promenade asserts that the City of Tacoma and Promenade entered into a contract for Promenade to purchase an 80-acre site known as Wapato Hills and develop a shopping center. Shortly before the transaction was to close, according to the lawsuit, the City advised Promenade there were wetlands on the site and prohibited Promenade from building on the wetlands without required permits. However, the suit claims, the City refused to give Promenade time to obtain the permits. The lawsuit filed by Promenade was dismissed without a trial. Promenade then asked the Court of Appeals to reverse the trial court, but was denied.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.