This is simply long term supply chain management. They (the developer) have been doing this for years, they have to, it can take years to put together large swaths of contiguous properties to create any development. Don’t kid yourself into thinking this won’t be an eventual part of The Villages, it is only about a mile away from the Renaissance Trail property in Lake county that they acquired that is now a part of CDD14, and some digging into property records of the properties between these two parcels reveals entities with long relationships with the developer. This property will probably stay undeveloped for longer than most of the readers of this post, myself included, will be around.
As far as the market collapsing from a lack of retirees, I think you are selling a lot of the younger generations short. There are many that are planning ahead and for their own retirements, there is also, just like in our own generations, that have and are not planning for retirement. The developer has shown themselves to be adaptable to market changes for nearly 40 years, it seems unlikely that they’ll either get suck in the mud and not adapt or thrown in the towel on the family business.
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Don Wiley
GoldWingNut (a motorcycle enthusiast not a gilded fastener)
A student of The Villages, its history and its future.
City of Wildwood
www.goldwingnut.com
YouTube – YouTube.com/GoldWingnut and YouTube.com/GoldWingnutProductions
Carpe diem quam minimum credula postero
Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. - Thomas Paine, 1/10/1776
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