Developers terminate Maui Teriyaki's lease

The shopping center at NW 2nd Ave. and NW 13th Street where Maui Teriyaki is currently located is due to be torn down as part of the University Corners development.

Sun file photo
Published: Friday, January 27, 2006 at 6:01 a.m.
Last Modified: Thursday, January 26, 2006 at 11:59 p.m.
The developers behind University Corners ordered Maui Teriyaki to close and move out of its location on NW 13th Street by Feb. 1 in a letter terminating the restaurant's lease.
University Development of Gainesville, the company building the mixed-use project at W. University and NW 13th Street, expects to go to court and pay damages for its actions, said Frank Darabi, managing partner of the company.
But terminating the lease appeared to be the only way to end the legal stalemate between the two parties, he said.
University Development failed to reach an agreement with Maui Teriyaki during court-ordered mediation last week.
The restaurant is the only tenant in University Corners' three-block footprint that has not yet reached an agreement with the developers to move out of their space.
The eviction clears the way for demolition on the site, which could begin in the next several weeks, Darabi said. The project is expected to open in September 2008.
Bruce Brashear, attorney for Maui Teriyaki, said his client will seek damages against University Development for breaking the lease, but declined to say how much the company will seek.
"Maui Teriyaki is very sorry to be forced to close its doors and the matter will be resolved in court," Brashear said.
Jeff Adelson can be reached at 352-374-5095 or

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