A Jackson County circuit judge on Friday denied a motion for a temporary restraining order in a dispute over the planned redevelopment of a housing cooperative near 18th and Vine.
Judge Sandra Midkiff denied a motion by the plaintiffs that sought to restrain the board of Parade Park Homes Inc. from conducting business or proceeding with plans for a $76 million redevelopment of the affordable housing complex.
But she also denied Parade Park Homes Inc.’s motion to dismiss the case.
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Her order came after a four-day hearing that indicated irregularities with the Parade Park Homes board’s prior management of the complex and ongoing financial difficulties. But Midkiff said she was not making fact findings regarding that evidence at this stage in the litigation.
Some residents strongly support the proposed $76 million redevelopment of the aging 510-unit complex. But others worry the project will price them out of their homes. Four residents sued, seeking to remove the board and to appoint a trustee.
Midkiff said the development proposal is in the preliminary stages and poses no immediate threat to residents. She gave the plaintiffs leave to file an amended petition to seek further relief and scheduled a case management conference for July 25.