- If it would happen at all. The city (technically Shoreline, not Seattle, but I'm literally across the street from Seattle) can't afford it, but it got federal funding to make a plan. Following the plan would take another infusion of cash from somewhere, but there are potential sources. Potential. Or maybe the street will just get more congested because they can't afford to fix it.
- If it does happen, what form will it take? They are now talking "relocation", which I imagine would be easier on the city budget since they could use properties they own that have value on paper without having to find a way to make that value "real". But info is scarce, and until there's a real offer it will continue to be scarce. If it was an outright purchase there would still be questions (how much, when, would there be an interim where we can live/rent while finding a new home) and with the relocation it gets more uncertain (where, when, etc)
Then there's the flip side of the coin: If the city doesn't use eminent domain, or does so in a way that leaves the property usable (perhaps my front yard is halved), there's still the chance where I'm not "forced" to leave, but I may be stupid not do. My neighbors and I are considering selling to a developer as a block. Developers, sure to be able to build a profitable apartment/condo on what was multiple single lots, could pay a decent amount per sq/ft. I have no idea what numbers to trust, but the middle of the range of what I've heard being speculated about could very well put us in the "dumb not to take it". I like my house, and it is convenient and awesomely close to the light rail when it opens, but I'm not so attached I wouldn't sell, particularly if traffic on the street will get worse and louder (and possibly closer). In such a case, the house itself is meaningless, they just want the land. But this is also fully speculative. I don't know if there will be real offers, if there are I don't know what they would be, and I don't know how the _possible_ eminent domain would impact it.
And there's no real way to get answers to those questions without waiting out the clock. Which is what we've been doing. For years, and probably another year or two to go.
Hope it all works out for you and yours in the end!