Partial Taking by City of Charlotte for Expansion of LYNX Light Rail
Initial Offer: $540,040
Compensation Obtained: $689,514
Brief Statement of Claim:
The City took approximately .17 acres and a permanent utility easement of .06 acres which eliminated all parking for a commercial building being used as a clothing store on N. Tryon St. for expansion of the LYNX Blue Line light rail.
$689,514.55 ($149,474.55 or 28% increase)
City of Charlotte v. Amanat Fashions Corp.