A pair of lawsuits filed against Mike Hogstrom and his firm Onsite Design last year have been settled, with work continuing at Adelia at Old Goodwood, the local development at the center of one of the lawsuits.
One lawsuit, filed in U.S. Middle District Court by Ryan Engquist and Tim Basilica, regarded alleged broken promises and problems with Adelia at Old Goodwood, located off Government Street and Goodwood Avenue. The second lawsuit, filed in the 19th Judicial District Court, sought to settle a dispute between Hogstrom and John Engquist’s North Carolina-based construction company, Level Carolina Homes.
Both lawsuits, filed last June, were settled in September, according to court records, and were officially dismissed in December. The Engquists’ attorney, Loren Kleinpeter, declined to comment for this story, and Basilica’s attorney Jennifer Fiore was unable to be reached before this morning’s deadline.
“We amicably resolved our differences regarding both the Adelia development and work associated with Level Carolina Homes,” Hogstrom says. “The lawsuits did not have any noticeable effects on the project.”
Following the settlement, the terms of which are unknown, Hogstrom says his plans for Adelia are far from stalled and are “moving fast,” although the development appears to be running behind its original schedule. He acknowledges that the age of the historic home, at the heart of the development, created challenges with roofing and utilities, and maintains that renovations to the exterior of the home are nearing completion, with work starting soon on the interior.
Once the plantation home’s renovation is completed later this year, Onsite Design plans to move its offices into the home. “The Colony Club” is also slated to open this year for small events and gatherings.
“Funding has been in the best place it has ever been for Adelia,” Hogstrom tells Daily Report. “We have closed 44 of the original 47 lots at an average price of $300,000. Some lots have sold twice now as some initial lot and land investors are beginning to see returns.”
Hogstrom adds that two of the three townhomes and three of the condo offices planned to begin construction this year in the development are also pre-sold.
On Jan. 15, the Metro Council voted unanimously to defer consideration of Hogstrom’s plans for a separate project called Ozetta, a planned gated community near Connell’s Park, until Jan. 21. The development will feature six detached single-family homes and 18 two-pack townhomes surrounding a park. If approved, the community is expected to be completed this year.