Partial Taking by NCDOT for Completion of I-485
Initial Offer: $319,325
Compensation Obtained: $5,750,000
Brief Statement of Claim:
The Department of Transportation took approximately 14.348 acres for completion of the I-485 loop around Charlotte; deposit of $319,325; settlement of $5,750,000 ($5,430,675 or 1,701% increase).
A partial taking of 14.328 acres of 52.92 acres of commercially zoned land being used for agricultural purposes owned by a family trust with a .108 acre drainage easement and a .108 acre utility easement. DOT sought to have the Court exclude the commercial zoning from consideration, but the Court denied the DOT's motion. Taking resulted in "controlled-access" to the remainder of the property which caused substantial damage to the remainder and eliminated any commercial use of the remainder.
Trial or Settlement:
County where Tried or Settled:
Case Name and Number:
Department of Transportation v. CJ Garrison Trust and Mary T Garrison Trust, 12-CVS-2689
Settlement reached August 19, 2013.