Title
Property Transactions - Arrowood Road and Forest Point Boulevard, Parcel # 1
Action
Action: Approve the following condemnation: Strategic Investment Area Arrowood Road and Forest Point Boulevard, Parcel # 1
Body
Project: Arrowood Road and Forest Point Boulevard
Owner(s): YK Forest Point LLC
Property Address: 7900 Forest Point Boulevard
Total Parcel Area: 109,096 sq. ft. (2.504 ac.)
Property to be acquired by Easements: 321 sq. ft. (0.007 ac.) in sidewalk utility easement and 305 sq. ft. (0.007 ac.) in temporary construction easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: B-D(CD)
Use: Business (conditional zoning)
Parcel Identification Number(s): 203-031-32
https://polaris3g.mecklenburgcountync.gov/pid/20303132
Appraised Value: $3,550
Property Owner’s Concerns: Unknown, no response received.
City’s Response to Property Owner’s Concerns: Property owner is unresponsive.
Recommendation: The recommendation is to proceed to condemnation during which time negotiations can continue, mediation is available, and if necessary, just compensation can be determined by the court.
Council District: 3
Attachments
Attachment(s): Map