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DEPARTMENT OF HIGHWAYS v. TERRACE LAND CO., INC.

No. 9461.

282 So.2d 814 (1973)

DEPARTMENT OF HIGHWAYS, State of Louisiana, v. TERRACE LAND COMPANY, INC.

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied September 26, 1973.

Writ Granted November 9, 1973.

Attorney(s) appearing for the Case

Victor A. Sachse and Robert P. Breazeale, Breazeale, Sachse & Wilson, Baton Rouge, for appellant.

Johnie E. Branch, Asst. Gen. Counsel, Highway Dept., Baton Rouge, for appellee.

Before LANDRY, TUCKER and PICKETT, JJ.

LANDRY, Judge.

Defendant (Owner) has appealed from a judgment fixing the value of its land expropriated by Plaintiff (Department) for construction of Interstate Highway 10, in East Baton Rouge Parish, near the City of Baton Rouge. The sole issue presented is whether an owner-developer of property best suitable for residential subdivision purposes is entitled to be compensated at the retail value of the land taken, including a developer's profit, less development costs...

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