Re: Sandhill closed until further notice
No one is untouchable, true. But the basic economics of TV would make it very hard for the current developers to walk away from. First, from all reports, current sales are not that bad in TV at 7.5 sales per day average. Second, the future revenue from controlling most of the retail space in a city of 100,000 residents (plus nearby communities) is undeniably lucrative. Third, they still have a whole section of homes, Brownwood area, to develop and with the largest batch of baby boomers yet to come (like yours truly) there should be no shortage of buyers for a community like TV. Fourth, from what I have read, the developers are not too heavily leveraged which has been the downturn of most companies when hard times and tight money exist.
Just my 2 cents but I always see the glass as 7/8 full!
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