SAN DIEGO-A jury here has awarded $1.5 million to the heirs of city forefather Alonzo Erastus Horton, essentially saying that the city gypped the heirs by taking 13 small lots in the bustling Gaslamp District through its powers of eminent domain.

The Centre City Development Corp., the city’s redevelopment arm, had originally offered each of the Horton heirs $100 for their ownership interests in the land. When they balked at the price, the city exercised its eminent domain powers and seized the property.

The Gaslamp District is the San Diego equivalent of New York’s Times Square. It’s loaded with always-busy restaurants and bars and is anchored by the wildly successful Horton Plaza shopping center.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.