Source: http://www.bizjournals.com, October 14, 2014
By: Salem Solomon
A new lawsuit alleges that the condominium tower Signature Place in St. Petersburg has numerous construction and design defects.
The 36-story residential building is the tallest in St. Petersburg, the Tampa Bay Times said. The suit filed last week in Pinellas County Circuit Court alleges problems including: exterior stucco that is cracked and allows water to leak inside, incorrectly installed “back-to-back” plumbing in the walls, barriers so thin you can hear tenants in neighboring units and other problems.
The structure was completed in 2008 at about the time of the housing collapse, forcing developer Joel Cantor to lower prices and sell some of the building’s 244 units at auction, the Times said.
The suit is seeking $15,000 in damages and defendants are listed as: Cantor’s Gulf Atlantic Communities, a company that is no longer active, Lend Lease (US) Construction, TLC Engineering and the architecture firm Perkins & Will, the Times said. The Times did not list the plaintiff in the suit, but reported that the Signature Place Condominium Association is spending “large sums” of money to address the problems.