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re: Wetlands JD interpretation help requested

Posted on 3/14/24 at 6:04 pm to
Posted by CharleyLake
Member since Oct 2006
1329 posts
Posted on 3/14/24 at 6:04 pm to
I just read about the Sackett ruling. It seems to suggest that less mitigation and permitting will be required. Would you care to speculate how it would affect the property value potentially for sale to an industrial developer? FWIW the parcel located south of Maplewood/Sulphur.
Posted by KemoSabe65
70605
Member since Mar 2018
5255 posts
Posted on 3/14/24 at 6:25 pm to
Bayou D’Inde??
Posted by CharleyLake
Member since Oct 2006
1329 posts
Posted on 3/14/24 at 7:16 pm to
Close.
Posted by Piebald Panther
Member since Aug 2020
480 posts
Posted on 3/14/24 at 8:40 pm to
From what we’re hearing it’s not changing much as most had hoped.

Even if it’s less wetlands and able to be built upon, building on wet ground is still more expensive because of having to raise above the flood plain.

We’ve run into instances where the land could be given away and it would still be too expensive to build on because of the dirt need to bring it up.
Posted by Cowboyfan89
Member since Sep 2015
12746 posts
Posted on 3/15/24 at 7:50 am to
quote:

Would you care to speculate how it would affect the property value potentially for sale to an industrial developer?

I'd be lying if I told you either way.

From a permitting standpoint, it theoretically should mean there is a lesser need, which will reduce costs and potentially make a property more appealing. But if it's forested land that has to be cleared, or needs alot of dirt work as piebald said, it probably wouldn't result in much of a change in property value beyond the reduced permitting needs.

But, even that seems debatable at this point, because the MVN apparently hasn't changed much about what they are doing with jurisdictional calls from what I've been told.
Posted by White Bear
Yonnygo
Member since Jul 2014
14181 posts
Posted on 3/15/24 at 8:58 am to
quote:

I just read about the Sackett ruling. It seems to suggest that less mitigation and permitting will be required. Would you care to speculate how it would affect the property value potentially for sale to an industrial developer?
I doubt the ruling will mean much. These dirt eating Corpse and EPA clowns are accountable to no one.
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