$34 Million Recouped in Infill Apartment Lawsuit
The UC Board of Regents is nearing a $32 million settlement with Devcon Construction and various subcontractors over claims of faulty construction at the Porter, Kresge, Stevenson and Cowell apartments. A separate $1.5 million settlement with BAR Architects awaits court approval. In June 2012 a…
Housing Projects on Track
Stevenson College apartments are completed and are expected to be funded by money recouped in a lawsuit versus Devcon Construction. The regents are seeking an estimated $50 million — $40 million for infill apartment remodeling, $8 million for lost revenue and additional expenses and $2 million for attorney and expert fees. The trial is currently set for January 2015.