Save Davidson to present results of independent Beaty Street land appraisal on Thursday

Save Davidson is taking it up a notch in their challenging of Davidson Town Hall's handling of the Beaty Street RFP.  The activist group has commissioned their own professional appraisal of the Beaty Street Property to see if the initial one done by the town passes the smell test.

Thursday night the group will reveal the results at the Homewood Suites in the Circles@30 area.  Here is what the announcement had to say.

As a sign the Town of Davidson knows its original appraisal conducted as part of the RFP process may be flawed, it is currently having it re-done.  As part of the Town initiated appraisal citizens have been encouraging the Town to hold off to ensure it includes the sale of the property for the "Potts Street Project" at the intersection of Potts and 115.  The Potts Street parcel is about the same size as the Beaty Street land and is rumored to be undeter contract for considerably more per acre than Beaty.

While the Potts Street project is also controversial and there are also citizen efforts underway to stop it from going forward, if that sale was to go through it would provide an excellent comp for any sale of the town owned Beaty St.

Regardless, the Beaty Street land is about to get multiple new looks at it from a valuation perspective.