FDOT v. Client – Interchange Property
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.