Downtown Raleigh Businesses Upset With City, Progress Energy Plan
Posted July 17, 2002
RALEIGH, N.C. — A plan to revitalize part of downtown Raleigh is under fire.
Several more property owners found out they are in the shadow of Progress Energy's plan to grow.
The utility company plans to build a massive mixed-use development on two city blocks, but nine existing businesses stand in the way.
Tuesday, the city council passed a redevelopment plan that gives the city power to condemn property if those owners do not sell.
"There are a lot of people that come to that location to eat and they call it home. That's their place and I'm going to feel real bad that we are going to have to move from that location," said Tony Moore of Cooper's Barbecue.
Progress Energy officials said they plan to buy the businesses at a fair price or offer some of the businesses space in the new buildings.