“The Villages development corporation estimated that the Villages planned community, which includes parts of Lake, Marion and Sumter counties, had a population of 122,460 on March 31, 2019.” The Villages, Florida - Wikipedia
The Expansion section of the article is very interesting too. Given the numbers stated there, we will likely see a population growth of at least another 40,000 people over the next ten years. IMHO, build out will only happen when they run out of land to buy.