Yet another Florida builder has settled a construction defects lawsuit, reports Brian Bandell of the South Florida Business Journal.
In the middle of jury selection for what could have been a massive trial, Kolter Signature Homes and more than a dozen subcontractors agreed to pay a $22.5 million settlement to resolve a construction defects lawsuit.
Kolter and the subcontractors did not admit to any wrongdoing as part of the settlement.
Six years ago, The San Matera Condominium Association in Palm Beach Gardens filed a complaint in Palm Beach County Circuit Court.
The lawsuit claimed that the garden-style condos suffered from numerous construction defects, such as water leaking through sliding glass doors, windows and roofs, rotting wood and cracked concrete slabs. The condo association claimed that the defective work was concealed behind the stucco walls.