📍 Mainstreet at Tuttle developer averts foreclosure auction with bankruptcy filing
The owner of the mixed-use Mainstreet at Tuttle development site in Royal Palm Beach narrowly avoided a foreclosure auction by filing for bankruptcy.
The owner of the Mainstreet at Tuttle development site, Brian Tuttle, has filed for bankruptcy, causing the postponement of the planned foreclosure auction for the 38-acre site located in the Tuttle Royale master development. The bankruptcy filing was a response to mounting pressure from the project's largest creditor, an affiliate of The Fuse Group.
The bankruptcy filing has further complicated the already controversial project, which has faced numerous legal challenges and delays. The Tuttle Royale master development, of which Mainstreet at Tuttle is a part of, has faced criticism for its location on the southwest corner of U.S. 441 and Southern Boulevard, which is in close proximity to the Everglades and has raised concerns about environmental impact.
The bankruptcy filing has also brought to light financial struggles for Brian Tuttle, who has faced multiple lawsuits and tax liens in recent years. According to bankruptcy documents, Tuttle's companies have a combined debt of over $33 million.
Despite the bankruptcy filing, Tuttle remains optimistic that the project will move forward, stating, "We are still moving forward and we are still planning to do the project. This is just a restructuring to get our debt in line."
Originally reported by The Real Deal: https://therealdeal.com/miami/2025/09/24/mainstreet-at-tuttle-owner-files-for-bankruptcy/