“Pfizer and 1,400 Jobs to Leave City that Won Land-Use Case” in The New York Times adds an interesting chapter to the case of using eminent domain in economic development projects. The land-use case was Kelo v. New London and it went before the U.S. Supreme Court in 2005. The ruling was that eminent domain could be used by a governmental entity to obtain property for use in economic development and urban revitalization, even if the properties were to be turned over to a private developer. Many states legislated restrictions to address limiting property owner rights and to encourage responsible economic development.
… it’s probably here somewhere
Daryl Phillips, CEcD, EDFP
I work as an economic developer consulting with communities and companies developing locations, building communities and identifying and developing workforce. However, my opinions on this blog are free and my own, as is the blog itself.
I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers.
I have earned over 20 years experience in economic and workforce development. I have earned and maintain the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council. I have earned a Master of Business Administration from Tennessee Technological University.
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