Total Taking by NCDOT
for Completion of I-485

Initial Offer: $347,575

Compensation Obtained: $1,505,000

333% Increase

Brief Statement of Claim:

The Department of Transportation took approximately 5.63 acres for completion of the I-485 loop around Charlotte; deposit of $347,575.00; settlement of $1,505,000.00 ($1,157,425 or 333% increase).

Principal Damages:

A total taking of 3.656 acres of commercially zoned land being used for residential purposes with a single-family residence. DOT sought to have the Court exclude the commercial zoning from consideration, but the Court denied the DOT's motion. This was originally a partial taking but the DOT amended, with consent of the property owner after filing an inverse condemnation counterclaim, to take the uneconomic remainder tract.

Trial or Settlement:

Settlement

County where Tried or Settled:

Mecklenburg County

Case Name and Number:

Department of Transportation v. Y. Edward Garrison, 12-CVS-2692

Date Concluded:

Settlement reached August 19, 2013.

Attorneys for Defendants:

Thomas L. Odom, Jr. and David W. Murray, The Odom Firm, PLLC of Charlotte.