The City of Maricopa has terminated its agreements with S3 Biotech and Copper Sky Hotel and Residential Group for a mixed-use medical campus near Copper Sky.
The facility would have been the city’s second hospital development.
A letter sent last month by City Manager Rick Horst informed the companies’ representatives that the project was in default and the agreements were terminated. Horst later told news outlets the default stemmed from the companies taking too long to build.
In the letter, Horst told the companies to vacate the property and remove all fencing and equipment. Fencing and equipment were both still in place as of Nov. 17.
The development may resume in the future if S3 Biotech submits a new preapplication, Horst said. (Source)
