Quote:
Originally Posted by OrangeBlossomBaby
I don't know about you Nucky, but as a resident, homeowner, taxpayer, and registered voter of the town of Lady Lake, in Lake County, the development of residential units in a commercial zone in the town of Lady Lake, in Lake County, is my business.
The restaurant that we enjoyed, Gator's Dockside, is at risk of closing for good due to lack of people to work the closing shift. That will negatively affect the Square. It's not the Developer's fault, but it is a "thing" that's going on there. It'll be one more business closed, on one more corner immediately adjacent to the public square area. The Rialto is closed. Gator's might close. The Square is experiencing problems, and adding 7 residential units to a commercial zone is not the answer.
|
If the old model were working, it would still be making money for the owners of the property. Businesses seldom disappear unless they aren't profitable enough to justify the work, and the risk. It seems obvious to me that the businesses that have closed closed due to not making enough money.
It is someone's job to make that space as profitable as possible. Unfortunately for those who would prefer to have things there remain as they were 20 years ago, some things are influencing decisions away from that. One is that the old model isn't generating enough cash flow to justify keeping it, and, here's the scary one: since the owners of that property are no longer trying to sell new developments in that area, it no longer is of benefit to them as a lure to bring in new Villagers.
They are likely trying to generate the maximum cash flow they can, and in true capitalist fashion, don't give a hoot about how it affects the lifestyle of the neighbors, or the value of their homes. In fact, by making the neighborhood less desirable to prospective buyers, it funnels more buyers to the newer sections.
One of my misgivings about buying in TV was the fact that if I chose to sell someday, I would be in competition with the developer, and I'd lose. But I did it anyway.
The more they invest in building in the south, the less motivated they will be to keep the north attractive.
That's just my opinion. Maybe the family doesn't feel that way. Maybe they feel a debt of gratitude to the people who bought into Gary Morse's dream. Maybe they do. I would hope so, but, they didn't all get to be billionaires by being driven my sentimentality.