The legal battle over a three-acre plot of land on Reserve Avenue has ended, with B&B Holdings accepting its condemnation. The City of Roanoke had exerted eminent domain to take the land for a Carrilion Clinic biomedical park, but has since dropped those plans.
The case has been closely watched by advocates of property-owners’ rights, who are pushing for stricter limits on the use of eminent domain to seize land. Ultimately, the owners in this case, Jay and Stephanie Burkholder, gave up the fight because it made good financial sense to do so. The legal battle cost them about $600,000.
“After spending that kind of money and all of this time, we’ve lost our property,” Stephanie Burkholder said. “With the economy the way it is, we are making the decision we need to make for our financial future.”
Read more in The Roanoke Times….