A Douglas County jury on Friday ordered the Elkhorn Public Schools to pay a developer $4.6 million for land it acquired for a new high school near 180th Street and West Maple Road.
Jurors found that a board of appraisers’ $2.6 million award to the developer was not a fair market value for the 43.6 acres along the heavily traveled road.
The school district seized the land through a condemnation proceeding.
The extra $2 million takes into account the value of the land and the decrease in value of the adjacent 30 acres that the developer is left to work with, according to the jury’s verdict.
The school district chose the land as the location of Elkhorn North High School. The school is slated to open in August 2020.
According to court documents, the land was owned by Tribedo, a Nebraska limited liability company. Arun Agarwal, a real estate developer with White Lotus Group, is listed as Tribedo’s registered agent in state government documents.
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