Hey guys, wanted to throw this up here to see if anyone's faced this before and has any advice dealing with the city.
We own a 4-plex in an up and coming neighborhood in Sacramento, CA and the city is doing a revitalization project where they're adding bike lanes, minor landscaping and a new bus route. This is great for the city - however, we were approached by the city asking to purchase some of our land for one of the bus stops. It's only 8 sq ft (with 547 sq ft as a potential temporary construction easement). I've asked for potential drawings of what the bus stop will look like (if it will just be a post or if there will be a bench, etc). The city is offering $750 for the land and they've told us they can call on eminent domain if we don't sign.
The pros are:
- Revitalization is great for the city.
- A new bus stop would be convenient for our tenants
Cons are:
- It looks like construction (and use of 550 sq ft) could be a little as 2 weeks to as long as 7 months.
- Bus stops bring people congregating in front of our units.
- Aesthetically, it can impact the curb appeal.
- Loss of land (for $750?)
I'm asking for photos of the proposed bus stop as well as times that the lines would be running.
Is there anything else we should keep in mind / ask about and do we even have a choice here?
Thanks!