Title
Property Transactions - Belk Greenway Connector Phase II, Parcel # 2
Action
Action: Approve the following condemnation: Belk Greenway Connector Phase II, Parcel # 2
Body
This property is acquired in accordance with Federal Guidelines 49 CFR Part 24 of the Uniform Acquisition and Relocation Act of 1970. Acquisition costs are eligible for North Carolina Department of Transportation reimbursement and Federal Transit Administration reimbursement.
Project: Belk Greenway Connector Phase II
Program: CDOT/Center City Transport
Owner(s): Carolina Hospitality Group 2010, LLC
Property Address: 555 South McDowell Street
Total Parcel Area: 453,043 sq. ft. (10.400 ac.)
Property to be acquired by Easements: 691 sq. ft. (0.016 ac.) sidewalk utility easement and 2,009 sq. ft. (0.046 ac.) temporary construction easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: UC
Use: Uptown Core
Parcel Identification Number(s): 125-081-03
https://polaris3g.mecklenburgcountync.gov/xy/1450950.7873,538951.6023
Appraised Value: $105,575
Property Owner’s Concerns: The property owner is concerned about the potential impacts to the property and compensation offered.
City’s Response to Property Owner’s Concerns: The city was able to redesign to accommodate the property owner’s design request. The city informed the property owner they could obtain their own appraisal or provide supporting documentation to justify their counteroffer. The city continues to negotiate with the property owner.
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: 1
Attachments
Attachments: Map