FDOT v. Client – Interchange Property

post dateFebruary 29, 2016  •   post categoriesResults

Initial Offer: $816,500

Settlement after Trial: $2,632,983

This partial takings case involved a variety of contested legal and valuation issues.  The case was tried before a 12 person jury.  One issue in particular centered around the feasibility of mitigating wetland impacts.  The market recognizes that wetlands can have a significant contributory value if the costs of mitigation are less than the “as mitigated” value.