Quote:
Originally Posted by thomp679
Celebration, Florida: How Disney's community of tomorrow became a total nightmare
Makes one think that there is something to learn from this situation. People get concerned about the Developer trying to sell decaying country club buildings and aging water utilities. They support property tax hikes for infrastructure repair. There is the POA vs HOA as well as the many VCDDs that they have their thumbs in. Now the sale of the hospital.
What about the town centers and other commercial real estate being sold over time starting with the oldest areas and moving south over the next decade? Every major highway makes a natural demarcation line for a slow, but steady sell off as the bonds finish their payoffs.
After all, this is corporate America at its finest and the Developer's main business is real estate development and the commercial property is just an asset. The new money is down south and their new main clientele is the younger generations just discovering utopia.
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I for one loved your comments and link and read it. It does give one pause for thought. That said Celebration vs The Villages there is zero comparisons. Way too many safeguards here.
I love to agree with you but The Villages have everything covered. Basically 24/7 /B]