A Kentucky landowner paid $800,000 in 1998 for two acres beside the Ohio River despite floodplain rules adopted a year earlier; after never seeking a floodplain variance, it lost its compensation appeal in 2026
Representative Image (AI-generated) Buying land for development can involve risks that are not immediately visible, particularly when local regulations restrict how a property can be used. A Kentucky landowner that purchased a two-acre tract along the Ohio River for $800,000 in 1998 has lost its appeal seeking compensation over floodplain restrictions that it claimed prevented…