Sheldon Richman of the Future of Freedom Foundation has this article on the Riviera Beach case. Excerpt:
Talk about chutzpah! A development company is thinking about suing Florida and the city of Riviera Beach for refusing to use eminent domain to provide land for upscale condominiums and a marina. Viking Inlet Harbor Properties was assured the city would condemn a number of working-class homes, but the city council had second thoughts. Now the company fears the $50 million it has already spent acquiring other lots will go to waste. "I'm stuck with these properties but can't develop them because I can't fill in the puzzle pieces," said Mike Clark, president of the development company's real-estate division. Hence the possible lawsuit.
What to read next
This morning, PLF filed an Amicus Letter urging the Supreme Court of California to grant review of the court of appeal’s decision in Environmental Law Foundation v. State Water Resources Control … ›