Creekstone Developers has convinced a concrete company to withdraw a lien on the property on which Juban Crossing is being built. In a statement sent to Daily Report this afternoon, Creekstone principal Stephen Keller says the company convinced Associated Concrete Contractors of Texas that the lien was invalid, as it was filed outside a mandated 60-day window, and that the $6.9 million the firm claimed it was owed was incorrect. “Associated Concrete Contractors of Texas has signed an agreement to withdraw the lien,” Keller writes in the statement. “Based upon the settlement agreement, the lien will be withdrawn in the next 30 days.” Daily Report reported this morning that Associated Concrete Contractors of Texas had placed a lien on the property along Interstate 12 east of Denham Springs, claiming it was owed for work on the shopping development performed in 2011. Keller sued the company in Baton Rouge federal court to get the lien removed, saying it had stalled $81 million in financing for the project. U.S. District Judge Brian Jackson issued a 60-day stay in the case Wednesday so the parties could reach a settlement. To read the Daily Report story about the lien and the lawsuit, click here. —Penny Font
Developer says lien has been dropped
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
