At least nine different contractors have filed mechanics lien claims worth $3.5 million against several properties located within the Metropark Square entertainment complex in Shenandoah, Texas. While a portion of the liens has since been released, at least two liens worth $2.7 million are still active.
The 175,000 square-foot property, located roughly 35 miles north of downtown Houston, is owned and operated by Dallas-based Sam Moon Group.
VCC, the project’s general contractor, currently faces at least two active mechanics lien claims from subcontractors at Metropark Square.
Of the 10 mechanics lien claims, six were filed directly against Sam Moon Group following the construction of the property’s parking garage, a 40,000 square-foot Urban Air Trampoline and Adventure Park, and a Dave & Buster’s.
A mechanics lien is a debt recovery tool for unpaid contractors that provides them with a security interest in the property while active. Until the unpaid work claim is settled, a contractor’s lien filing can prevent a property’s sale or refinancing.
The claims were filed under Texas statutes governing mechanics lien filings.
After lien releases, Metropark still owes millions
At least two subcontractors are still owed $2.7 million from construction work at Metropark Square, located at 8888 Metropark Dr, Shenandoah, Texas.
On September 22, 2020, subcontractor Tindall Corporation filed the largest lien claim to date against Sam Moon Group, claiming nearly $2.6 million after constructing a 5-story, 1,000-space parking garage. According to the lien affidavit, the subcontractor constructed the garage from December 2019 until February 2020.
Refrigerated Warehouse Construction Co., LLC filed a claim against the property’s Urban Air Trampoline and Adventure Park locations. On May 6, RWC filed a claim for $204,000 in unpaid invoices. The company released an earlier lien that had been filed in January 2020 for $72,000.
At least seven other subcontractors filed liens — claiming over $100,000 combined — between February and October 2020. Those liens have since been released.
A lien release is typically filed after the claim is satisfied.
Sam Moon Group’s 69-acre mixed-use development in Shenandoah
The Metropark Square mixed-use entertainment complex in Shenandoah spans 69 acres.
An AMC Theatre became the property’s first tenant after construction was completed in March 2019. Since then, the project has vastly grown with new additions that were planned for the spring of 2020 in the midst of the COVID-19 pandemic.
The Metropark Square’s official website currently states that the property’s AMC Theatre, Dave & Buster’s, Martinis & Manicures, Black Bear Diner, and Burgerim are all currently open amid the coronavirus outbreak.
Metropark Square also houses a five-star Hyatt House hotel with 150 rooms. Having stayed on-track during the coronavirus pandemic, construction of Metropark Square’s Hyatt House is expected to be completed by November 2020.