Title
Property Transactions - McCullough Drive Streetscape, Parcel #30
Action
Action: Approve the following Condemnation: McCullough Drive Streetscape, Parcel #30
Body
Project: McCullough Drive Streetscape, Parcel #30
Program: McCullough Drive Streetscape
Owner(s): Apple Nine North Carolina LP
Property Address: 8340 North Tryon Street
Total Parcel Area: 485,077 sq. ft. (11.14 ac.)
Property to be acquired by fee: 14,564 sq. ft. (0.33 ac.) Fee Simple
Property to be acquired by Easements: 5,071 sq. ft. (0.116 ac.) Storm Drainage Easement, 12,295 sq. ft. (0.282 ac.) Sidewalk Utility Easement, 21,691 sq. ft. (0.498 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Parking spaces
Landscaping to be impacted: Trees
Zoned: TOD-TR
Use: Transit Oriented Development - Transit Transition
Tax Code: 049-331-02
https://polaris3g.mecklenburgcountync.gov/#mat=203875&pid=04933102&gisid=04933102
Appraised Value: $330,475
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