Title
Aviation Property Transactions - Airport Drive, Ashley Circle, Eaton Circle, and South Airline Street
Action
Action: Approve the following Acquisition: Airport Drive, Ashley Circle, Eaton Circle, and South Airline Street
Body
The property is acquired in accordance with Federal Regulations in 49 C.F.R. Part 24 that implement the Uniform Acquisition and Relocation Act of 1970. Acquisition costs are eligible for Federal Aviation Administration Reimbursement.
Project: Aviation Master Plan
Owner(s): STM Charlotte 3, LLC
Property Address: 5325 Airport Drive; 4443, 4535, 4720, 4800, 4814, 4820, 4826, 4834, 4835, 4823, 4910, and 5000 Ashley Circle; 5333 Eaton Circle; and 5315 South Airline Street
Total Parcel Area: 654,271 sq. ft. (15.02 ac.)
Structures/Improvements to be impacted: Single- and multi-family homes
Landscaping to be impacted: Grass and small shrubs
Zoned: N1-B & N2-B
Use: Single-family residential and multi-family residential
Parcel Identification Number(s): 115-062-02, 115-062-03, 115-062-04, 115-062-05, 115-063-06, 115-071-01, 115-071-02, 115-072-01, 115-072-02, 115-074-01, 115-074-02, 115-074-03, 115-074-04, 115-074-05, 115-074-06, and 115-074-08
https://polaris3g.mecklenburgcountync.gov/pid/11506202
https://polaris3g.mecklenburgcountync.gov/pid/11506203
https://polaris3g.mecklenburgcountync.gov/pid/11506204
https://polaris3g.mecklenburgcountync.gov/pid/11506205
https://polaris3g.mecklenburgcountync.gov/pid/11506306
https://polaris3g.mecklenburgcountync.gov/pid/11507101
https://polaris3g.mecklenburgcountync.gov/pid/11507102
https://polaris3g.mecklenburgcountync.gov/pid/11507201
https://polaris3g.mecklenburgcountync.gov/pid/11507202
https://polaris3g.mecklenburgcountync.gov/pid/11507401
https://polaris3g.mecklenburgcountync.gov/pid/11507402
https://polaris3g.mecklenburgcountync.gov/pid/11507403
https://polaris3g.mecklenburgcountync.gov/pid/11507404
https://polaris3g.mecklenburgcountync.gov/pid/11507405
https://polaris3g.mecklenburgcountync.gov/pid/11507406
https://polaris3g.mecklenburgcountync.gov/pid/11507408
Purchase Price: $8,043,600 and all relocation benefits in compliance with federal, state, or local regulations
Council District: 3