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Home / Verdicts & Settlements / Developer gets three times DOT’s deposit in land case (access required)

Developer gets three times DOT’s deposit in land case (access required)

A real estate developer that had hoped to convert a 30.3-acre property in Indian Trail into a mixed-used shopping center and office complex has reached a $1.85 million settlement with the North Carolina Department of Transportation after the DOT condemned part of the land for its construction of the Monroe Bypass, attorneys for the landowner ...

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