Title
Property Transactions - Quail Hollow at Heathstead Pedestrian Crossing, Parcel #2.1
Action
Action: Approve the following Condemnation: Quail Hollow at Heathstead Pedestrian Crossing, Parcel #2.1
Body
Project: Quail Hollow at Heathstead Pedestrian Crossing, Parcel #2.1
Owner(s): TH Property Owner 6 LP
Property Address: 4521 Hamptonridge Drive
Total Parcel Area: 1,442,334 sq. ft. (33.111 ac.)
Property to be acquired by Easements: 225 sq. ft. (0.005 ac.) in Sidewalk and Utility Easement, plus 78 sq. ft. (0.002 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: R-15MF (CD)
Use: Multi-family
Tax Code: 209-541-01
http://polaris3g.mecklenburgcountync.gov/#mat=303059&pid=20954101&gisid=20954101
Appraised Value: $425
Property Owner’s Concerns: None
City’s Response to Property Owner’s Concerns: The city is continuing to negotiate the terms of the agreements.
Recommendation: To avoid delay in the project schedule, 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: 6