Talk of The Villages Florida - View Single Post - Rumor: Developer has sold future building rights?
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Old 05-14-2009, 08:03 AM
SteveZ SteveZ is offline
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If the developer has found property in Texas and wants to duplicate TV there, it sounds like a reasonable business decision and I would hope that investment into the project is possible.

TV is about 6-10 years from total build-out, and the population of the country is aging. Replication of TV elsewhere, especially in another state without an income tax and fewer water restrictions, makes sense.

Putting such a project together is not something that one does in a couple of months. Dealing with state and local governments for all sorts of tax concessions, zoning changes, water rights, and a myriad of other items are efforts that move at the pace of snail and have a habit of looping. Also, prudent business logic is to have projects overlap.

If the TV developer has interest in re-doing TV elsewhere, I say Good Luck and thanks for making the Florida TV so enjoyable.