Talk of The Villages Florida - View Single Post - The Villages Construction Update #132
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Old 10-22-2023, 08:38 AM
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Quote:
Originally Posted by MSchad View Post
Very informative Don. Especially the first part about all the separate DRIs that were under development that The Villages purchased. I knew the Fenney area was one, but not all the others.
There is a lot more information available but time constraints made it necessary to condense and leave out a lot of details of this amazing puzzle of growth by The Villages. The amount of risk they have and are still taking in terms of dollars and resources is mind boggling. Most developers plan 3 to 5 years into the future because planning any farther involves too much risk. The Villages is planning 20 or more years into the future at considerable risk, imagine the devastating loss they would incur and the impact of the loss of over 10,000 construction related jobs in Sumter and surrounding counties if the bottom were to fall out of the retirement housing market. That takes a lot of faith to put one's future at such a risk.
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