Temple Terrace: Town center developer defaulting on agreement
TEMPLE TERRACE – City leaders and a developer of a $150 million downtown district project are having trouble seeing eye-to-eye.
While Vlass Temple Terrace officials suggest it may be time to pull out of the project, city leaders said this week they are still waiting for construction to begin on an arts center and an adjacent retail complex.
On Tuesday, Temple Terrace City Council members directed their attorney to draft a default notice to Vlass, reminding the developer of its obligations to satisfy provisions of an agreement reached with the city in 2010 for the projects.
Mayor Frank Chillura said the letter is not intended to sever the relationship with the developer but only to protect the city’s interest.
“Our goal is to have a viable redevelopment project and have Vlass as the exclusive developer,” Chillura said.
