Application of eminent domain authority can significantly contribute to the redevelopment process. While the rights of property owners must be preserved and protected, the Redevelopment Agency recognizes its obligation to the community to remove vacant, blighted buildings which may have serious design and structural deficiencies. All in all, the Redevelopment Agency must still pay just compensation and fair market value for a property. When contrasted against new development, old buildings do not match the desired community image. Interested developers can quickly observe the quality of construction the City requires with new development proposals.
Opportunities abound for redevelopment of commercial properties in prime locations.
The Rancho Mirage Redevelopment Agency has the power to assemble property by exercising the authority of eminent domain. The areas of eminent domain generally coincide with the Highway 111 Specific Plans. More specific details are available at the City of Rancho Mirage. Rancho Mirage adopted a policy to reimburse certain development proposals within the Redevelopment Agency eminent domain project areas. The City will work with developers to form assessment districts where property is assessed in accordance with the proportionate benefit derived from the improvements being financed.