User loginLocalitiesWho's your legislator?When proposed legislation threatens the value of your home, we can help you contact your legislator. Send us a tip!Have a news item you think we'd want to share? Send it to us on our contact form! Tell a FriendClick here to send an e-mail to friend, co-worker, neighbor, or relative about the Virginia Homeowners Alliance. Contact usVa Homeowners Alliance |
Feds Seizing Second Norfolk Property for Courthouse ExpansionAnother Norfolk developer has received a letter from federal officials stating that the government will be seizing his land, according to the Virginian-Pilot. The land that was going to be used to build a 15-story Hampton Inn on Brambleton Avenue, will now be used to build an expansion for the Walter E. Hoffman Courthouse. If the developer does not accept the offer from the government to purchase his land, then it will be condemed under eminent domain law. Federal law allows the government to take land for a public purpose, such as a highway or courthouse. The concern for homeowners in Norfolk is that these are two huge properties that will no longer be providing tax money to the city, meaning that the city will have to find other ways to make up for that lost money - such as raising property taxes. "The site of the failed Granby Tower condominium project isn't the only land the federal government covets. Raj Randeria, a Norfolk hotel developer who had planned to build a 15-story Hampton Inn on Brambleton Avenue adjacent to the Granby Tower site, said federal officials have told him they're going to seize his land, too. As was the case with Granby Tower developer Buddy Gadams, federal officials told Randeria they will use his land to build an expansion for the Walter E. Hoffman Courthouse." Posted on Monday, November 2, 2009 - 12:14am
|
SearchStories about...
assessment
budget
business
community development
economic development
education
environment
federal funding
foreclosure
high-speed rail
home sales
home value
market trends
property tax
property taxes
public safety
public works projects
real estate tax
revitalization
school budget
tax
taxes
transportation
utilities
zoning
|