Eminent Domain Forces Out Construction Firm
21 July 2005 - 10:00am
The Clearkin Construction Company was given seven days to vacate the property they'd maintained in Philadelphia for over 50 years to make room for housing.
"Using the power of eminent domain, the city seized ownership of Clearkin's building this year, reducing the business to a tenant in its own building. Officials want the family out by the end of September so a local nonprofit group can build 50 subsidized middle-class homes. Residents of the development, which is being built under the mantle of Street's Neighborhood Transformation Initiative, won't pay any property taxes until 2017 at the earliest because of a city abatement."
Full Story:
A stable city firm pushed off the block
Source:
The Philadelphia Inquirer, July 19, 2005
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