Title
Property Transactions - Tom Hunter Streetscape, Parcels #33 and 34
Action
Action: Approve the following Condemnation: Tom Hunter Streetscape, Parcels #33 and 34
Body
Project: Tom Hunter Streetscape, Parcels #33 and 34
Program: Tom Hunter Streetscape
Owner(s): Parks Holdings LLC
Property Address: 6441 North Tryon Street
Total Parcel Area: 604,223 sq. ft. (13.871 ac.)
Property to be acquired by Easements: 1,213 sq. ft. (0.028 ac.) Storm Drainage Easement, 7,457 sq. ft. (0.171 ac.) Sidewalk Utility Easement, 10,387 sq. ft. (0.238 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Bollards
Landscaping to be impacted: Bushes/Wooded area
Zoned: TOD-CC
Use: Commercial
Tax Code: 08924205, 08924202
http://polaris3g.mecklenburgcountync.gov/#mat=169994&pid=08924205&gisid=08924205
http://polaris3g.mecklenburgcountync.gov/#mat=170105&pid=08924202&gisid=08924202
Appraised Value: $77,800
Property Owner’s Concerns: The property owner is concerned about the design of the project.
City’s Response to Property Owner’s Concerns: The city was able to redesign to accommodate some of the property owner's design requests.
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: 4