Resolved a Major Crisis for $50 Million Retail Project

On behalf of Kroger, we worked with the City of Newport (“City”) and the Kentucky Department of Transportation (“Department”) to resolve a major crisis involving an improperly installed storm water system underneath the interior roadway that services the Newport Pavilion retail project. We created a mediation path and restructured a transactional model, including additional private and public financial resources, to allow a contractor to drill shafts into the collapsed area and repair/retrofit the storm water pipe. We worked closely with the City, the developer and the Department to ensure the success of the $50 million retail project and to stabilize critical public infrastructure for the surrounding community.