From Richmond BizSense:
A Richmond housing nonprofit is weighing its options for a stalled Scott’s Addition project after resolving its legal dispute with a local developer.
Better Housing Coalition announced Thursday it has reached a settlement with Henrico-based Dominion Diversified Real Estate Group, which had alleged the nonprofit stole its idea to redevelop the former Quality Inn & Suites building at 3200 W. Broad St.
The settlement, terms of which were not disclosed, frees BHC to go forward with the project or pursue other options, such as a joint venture with a developer or selling the property, CEO Greta Harris said.
