Partial Taking by City of Charlotte
for Expansion of LYNX Light Rail

Initial Offer: $540,040

Compensation Obtained: $689,514

28% Increase

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.

Initial offer/deposit:

$540,040.00

Settlement amount:

$689,514.55 ($149,474.55 or 28% increase)

Case Name:

City of Charlotte v. Amanat Fashions Corp.

Date Concluded:

November 2016

Attorneys for Landowners:

David W. Murray