The Post reports that the city "filed court papers yesterday to seize $84 million worth of property from 16 owners in Southeast, giving them 90 days to leave and make way for a baseball stadium." The property owners don't have a lot of options; although they can negotiate for more money, any dispute over the amount may not be resolved until well after they're displaced.
On the other hand, it sounds like there will be major development of the waterfront area:
Developers have snatched up land just outside the stadium plot in anticipation of a waterfront revival, and the city is planning to create a "ballpark district" featuring restaurants and retail.
The MCI Center spurred a dramatic revival of the Penn Quarter area, so let's hope the baseball stadium has the same effect on the waterfront.
Wednesday, October 26, 2005
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