Quote:
Originally Posted by Papa_lecki
It seems Spanish Springs will need a major investment of capital in the next 3 to 5 years.
Bottom line, Developer needs/wants to keep rents strong and flowing in. We all see an office building getting a facelift every 20 or 30 years. Same concept.
Are the loss of the 3 restaurants recently a sign (not to mention some of the other places that closed - that wine/beer place)?
SS is in a tough location - I think of amount of housing in all 4 directions. SS doesn’t have many villagers to the north or east.
That was okay when it was only SS and LSL - it was a reasonable drive from LSL area to SS.
Now, those around LSL, can go south, not only to Brownwood, but Sawgrass and soon 2 more areas.
Residents around Brownwood and south, will do the same thing, traveling north to SS less frequently,
UNLESS - SS gets a renovation. New concept, new retail new restaurants.
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Perhaps you need to take a drive around that area as the residents in that area would argue that there are "few" of them. To the east you have Silver Lake, Country Club and Orange Blossom with over 2,800 homes in those 3 villages. To the west, as far as villages that border Morse Blvd you have more than 7,000 more homes. That doesn't even account for the villages in the area of the Savannah Center or up in Marion County, for whom Spanish Springs is their closest town square.
I don't think the problem is the number of residents.