Title
Property Transactions - McCullough Drive Streetscape, Parcel #24
Action
Action: Approve the following Condemnation: McCullough Drive Streetscape, Parcel #24
Body
Project: McCullough Drive Streetscape, Parcel #24
Program: McCullough Drive Streetscape
Owner(s): BRE/ESA P Portfolio TXNC Properties LP
Property Address: 123 East McCullough Drive
Total Parcel Area: 100,248 sq. ft. (2.30 ac.)
Property to be acquired by Easements: 1,063 sq. ft. (0.024 ac.) Utility Easement, 3,889 sq. ft. (0.089 ac.) Sidewalk Utility Easement, 2,365 sq. ft. (0.054 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and various plantings
Zoned: TOD-TR
Use: Transit Oriented Development - Transit Transition
Tax Code: 049-331-33
https://polaris3g.mecklenburgcountync.gov/#mat=27069&pid=04933133&gisid=04933133
Appraised Value: $147,075
Property Owner’s Concerns: None
City’s Response to Property Owner’s Concerns: N/A
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