In an eminent domain settlement, Florida has agreed to pay $198 million to acquire the Crossroads shopping center near Walt Disney World. Florida will be knocking down Crossroads in order to build a new road leading to Walt Disney World as part of the ongoing I-4 Ultimate project. According to The Orlando Sentinel, attorneys for the Florida Department of Transportation and Crossroad’s owner U.S. Cities Fund signed an agreement late last year outlining payments for each of the twenty-five tenants […]
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