Eminent Domain and Real Estate Valuation
Orlando Drops Taking Of Church Property.
By David Snyder
The City of Orlando on Monday dropped its attempt to condemn a family-owned church to build a new Major League Soccer stadium. The Church was the last holdout for the project. Orlando will move the new stadium about a block west using property the city bought for $2 million.
Orlando and the Church have had been in negotiations since last year. Orlando offered the Church $1.5 million for the property representing over twice the value in the City’s appraisals. The Church felt this was much lower than the value and the parties were far apart.
Originally published at eminentdomain.foxrothschild.com
Citation
David Snyder, Orlando Drops Taking Of Church Property., Eminent Domain and Real Estate Valuation (August 29, 2014) [The Library at LexBlog, LEX-WK-16DV14B9, lexpid.org/16DV14B9]
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