Represented Developer on Multiuse Development of Ground Leased Site
Represented the developers of a multiuse development on a ground leased site in New Haven, Connecticut. We were responsible for the drafting and negotiation of various complex project related agreements such as a consulting contract for preconstruction services, a construction manager at risk contract, early release package agreements, and the guaranteed maximum price amendment. The representation was complicated by the fact that the project involved multiple construction phases with separate schedules and guaranteed maximum prices. In addition, there were several investors in the project, a ground lessor, as well as an institutional lender, all of which had an interest in the terms and conditions of the project related documents.