Talk of The Villages Florida - View Single Post - Proposed Development at 466A & 462 is dead!
Thread: Proposed Development at 466A & 462 is dead!
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Old 08-22-2016, 10:03 AM
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Quote:
Originally Posted by justjim View Post
Developer's file bankruptcy all the time. Big ones and small ones leave a lot of vendors and investors "holding the empty bag". WholeLife Development was proposing, as part of their project, 400 rental bungalows. That seemed like a bad idea from the word go and some of us thought so on the original thread when the project was first announced.

It appears that Wildwood Commisiioners didn't do their due diligence when approving the WholeLife Development project. Hopefully, they will get better results the next time around. Though it could be a while before they get another chance.

If Wildwood Commisiioners had gone with The Village Developer's proposal, they certainly would have come up with different results.
When due diligence is not done there is usually a trail to who screwed up. Sometimes that trail leads to wrongdoing beyond incompetence.