Talk of The Villages Florida - View Single Post - Developer’s largest income stream
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Old 08-03-2024, 01:29 PM
justjim justjim is offline
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Quote:
Originally Posted by Bill14564 View Post
So some WAGs on numbers:

Commercial: 7,000,000sqft * $30/sqftyr = $200M/yr
Development: 3,000homes/yr * $400,000/home * 15%profit = $180M/yr

Using those guesses, commercial wins but certainly not "by far."
As reported by Forbes, the Developers are Billionaires but most would say they earned it! Frankly, only they know where the “most” profit comes from. Anything else is anybody’s guess.
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