Partial Taking by NCDOT
for Expansion of Hwy 601
Initial Offer: $35,300
Compensation Obtained: $390,000
Brief Statement of Claim:
The Department of Transportation took approximately 5 acres for expansion /widening of Highway 601; deposit of $35,300; settlement of $390,000 ($354,700 or 1,005% increase).
Partial taking of a farmer's 9.6 acres of property which could have been rezoned to allow a convenience shopping center with 50,000 to 70,000 square feet of retail development. The taking of 5 acres left the remainder of the parcel unable to be developed for commercial use.
Trial or Settlement:
County where Tried or Settled:
Case Name and Number:
Department of Transportation v. Howey, et al., 06-CVS-1076
Consent Judgment dated April 22, 2010.
Attorneys for Defendants:
Thomas L. Odom, Jr., The Odom Firm, PLLC of Charlotte.