Florida Eminent Domain Blog | Gregory W. Stoner

The Jacksonville Port Authority has the authority to take land owned by Keystone Coal, a judge decided in late 2006. Now the only question is what, exactly, represents full compensation for the plot of land. The 70 acres of land owned by the coal company will be used as part of the development of a 100-acre port, although the exact plan for the port is still undecided.

One plan for the port was to lease the land to Drummond Coal Company, a rival of Keystone, for the purpose of developing a terminal for handling coal and other bulk cargoes. Keystone argued that an eminent domain taking of the land should be blocked because its own plans were at least as economically beneficial as the plan of leasing the land to Drummond. However, an alternate plan for the land was the development of a containerized cargo terminal to be built and administered by Korea-based Hanjin Shipping Company, with the intent of handling cargo originating from Asia. If this plan were followed, it would be the second such port to be built in Jacksonville in the near future, following a 158-acre facility at Dames Point to be built and administered by Japanese carrier Mitsui O.S.K. Lines, Limited.

The revelation of other possible uses caused the judge to rule that the eminent domain taking was indeed considered for a valid public use, forcing Keystone to accept the taking and consider only the compensation phase of the trial. Although a judge has ruled in pretrial motions to limit the scope of evidence that Keystone could put before the jury, Keystone hopes to maximize its compensation by comparing its land to that of Zion Jacksonville Limited, which owns the land on Dames Point, for which the Port Authority has offered $40 million, but Zion Jacksonville has asked $70 million.

The valuation trial for the Keystone land is slated for April 21, 2008, after being delayed from May 2007.

If your business is being threatened by eminent domain, there are a number of tactics you can use to either try to stop the taking or to maximize your compensation. To find the best possible strategies, you need an experienced eminent domain lawyer. Please contact the Florida Eminent Domain Law Firm today for a free initial consultation.