Pennsylvania Convention Center 2006/2012

Condemnation, Philadelphia, PA

LAND VALUATION FOR EMINENT DOMAIN PURPOSES

Clarion/Samuels Associates was retained on behalf of condemnees to evaluate direct damages, severance damages and lost revenues as the result of complete and partial property takings as well as to determine the impact of the general knowledge of the imminence of condemnation. Clarion/Samuels represented seven different property owners including land parcels ranging from 12,000 to 116,000 square feet and buildings ranging in size from 23,000 to 185,000 square feet.

SCOPE OF SERVICES PROVIDED

  • Evaluated the impact of the Pending Public Acquisition District and the general knowledge of the imminence of condemnation on market behavior, property operations and property valuation;
  • Analyzed current operations and market forces to determine the highest and best use of each of the properties taken;
  • Worked with a team of professionals including architects, land planners, zoning lawyers, and construction contractors to fine tune development potential of each property as a basis for valuation;
  • Provided direct expert and rebuttal testimony on valuation as well as evaluated the Authority’s expert reports.

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