Woodbury Place Partners v. City of Woodbury
Court of Appeals of Minnesota
1Opinion of the Court
OPINION
LANSING, Judge.
The City of Woodbury challenges the trial court’s determination that, on its face, an interim moratorium on development effected a taking of property without just compensation. We reverse and remand.
FACTS
This appeal focuses on 505,533 square feet of unimproved land zoned for commercial use in the northwest corner of the intersection of Interstate 494 and Valley Creek Road in Woodbury, Minnesota. Woodbury Place Partners purchased an undivided one-half interest in the property, including all rights in this litigation, in December 1987, and in January 1990 purchased all…
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