I wouldn't worry, we had plenty of adjoining construction and it's been for the good. On 466A across from Pinellas Plaza, Beaumont Properties started building a mixed use development of 271 single family homes, 124 townhomes, 250 apartments, 100 room hotel and 18 acres of commercial business. So far it's looks really nice and the drive through car wash and 7/11 are rapidly going up.
New Homes in Beaumont | Wildwood, FL | Freedom
About five miles north on Rainey Trail and only about a mile from LSL is Lakeside Landing. I had a neighbor sell their CYV and move there six years ago. It's also a nice looking subdivision of single family homes and townhouse overlooking Lake Miona.
https://www.lakesidelandings.net/
If Wildwood hadn't voted down TV plan of building 2,000 more homes, we wouldn't have the Beaumont Property, but even more important is the Trailwinds Village commercial development. Lowe's, Publix, Jersey Mikes, Wendys, Burger King, Taco Bell, ABC Liquor, a dentist, an emergency walk-in ER, First Watch Breakfast, a realtor, a nails, a credit union, a couple of phone stores, Circle K, and Marco's Pizza and Starbucks are under construction. This is something we needed badly here in the southern area. All we had before was Colony Plaza.