Thread: Katie Belle's
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Old 04-15-2015, 09:42 AM
BigbirdPhila BigbirdPhila is offline
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Quote:
Originally Posted by NJblue View Post
Maybe, maybe not. The fact that sales agents use it as part of a sales pitch implies that, from their professional judgement and client feedback, it does have a value to prospective buyers and would argue that you are wrong.

Many on this thread argue that KB was unprofitable and hence it makes perfect business sense to close/change. As others have stated, but warrants repeating, what The Villages as a corporation sells is a Lifestyle - it's what separates TV from the myriad of other retirement communities. That is more than just an individual restaurant or activity, it is the entirety of the experience. Closing what many consider to be a significant contributor to that lifestyle or ambiance becaue it may not be making a direct contribution to the bottom line is akin to Disney cancelling its parade down Main Street because it costs millions to put on but doesn't generate any direct revenue.

The KB closing (yes, for all intents and purpose KB as a unique venue is gone forever), is just one of many degradations to the lifestyle that I have experienced since we have been here. I suspect that change in the direction of lifestyle degradation will only continue - at least those components that may not individually add to the bottom line of the developer. The one positive exception to this may be the Sharon - I am impressed with its possibilities. I hope it finds the right mix of quality entertainment at a pricepoint that is sustainable.

I wonder if the Life Long Learning Center is profitable? If not, it too may find its way to the chopping block.
Excellent post. Bears repeating.