Quote:
Originally Posted by Lyle Gant
Rumor has it that they are going to start another development in St Joe. The will build and manage but will not own the development
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If this rumor turns out to be true, this would be huge news. This St Joe development has been on the books for several years. It will be copied after The Villages, but over one and a half times the size of TV with the population topping out at 165,000.
It sounds like a win-win situation for all. The Morses can use their expertise in building management and marketing, while St Joe already owns all the land and presumably will foot the bills.
Anybody looking for work in the housing market should head to the panhandle. This project is expected to take decades to complete. They also have the benefit from learning from The Villages' mistakes.