• Construction Contract's Funding Provision Lets Owner off Hook for $13 Million in Contractors' Costs
  • September 24, 2009 | Author: Devon W. Cushman
  • Law Firm: Hirschler Fleischer, A Professional Corporation - Richmond Office
  • Announced in July 2004, the luxury 34-floor Granby Tower condominium was to be Norfolk's tallest building and the second-tallest building in the Commonwealth. Now all that remains of the $180.5 million project is an empty hole at the corner of Granby Street and Brambleton Avenue - and, due to a recent decision from the Norfolk Circuit Court - emptier pockets for some of the project's contractors.