Why would a parcel acquisition by the South Hadley Redevelopment Authority be necessary?

Parcel acquisition, including eminent domain, is a last resort option. The properties listed for acquisition in the plan have generally not seen a high level of interest from the private sector due to their size and/or the cost associated with redevelopment. Many of these properties are either in poor condition, contaminated, too small in size for new construction, have limited access or have other characteristics that are cost prohibitive for a private entity to see a return on investment. With these problems seen throughout the South Hadley Falls, the SHRA will step in and incur some of the cost of redevelopment, in turn creating a market for these properties once again.  It is important to point out that none of the properties to be considered for acquisition in the plan is residential.

The active businesses recommended for possible acquisition were selected in order to change the type of land use of the parcel and/or as a critical step to do parcel aggregation for a public benefit project. The SHRA will attempt to acquire all privately owned properties by negotiated purchase. Eminent domain is a last-resort tool that urban renewal agencies, such as the SHRA, have to acquire private property to undertake a necessary project for public benefit.  Private property owners must be compensated at fair market value for their property as well as for relocation expenses associated with any taking.  The SHRA will make best efforts to reach an out-of-court settlement agreement with private property owners for their properties in return for a financial benefit package.

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1. Why are we concentrating our redevelopment efforts in South Hadley Falls?
2. Do we have a vision and a strategy for redeveloping South Hadley Falls
3. Did you take public input into consideration when you chose the actions in the plan?
4. What part of South Hadley Falls is the main focus of the redevelopment effort?
5. What is a Redevelopment Authority?
6. What does an urban renewal plan look like?
7. What does South Hadley’s redevelopment plan do to improve the infrastructure in the target redevelopment area of South Hadley Falls?
8. How does this plan attempt to attract developers to South Hadley Falls?
9. Why would a parcel acquisition by the South Hadley Redevelopment Authority be necessary?
10. Can the plan be amended?
11. How come not all vacant or blighted buildings/lots are included in the plan?
12. How will the plan be funded?
13. If I have a property in the South Hadley Falls Plan area, will it restrict what I can do with it?
14. When will the actions in the plan take place?
15. How can I keep up with the implementation of the plan?
16. Is the Urban Renewal Plan the same as a Master Plan?
17. What will the plan do for me?
18. What won’t the plan do for me?
19. Is the South Hadley Redevelopment Authority acquiring my property as a part of this plan?