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Old 01-06-2025, 06:15 PM
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Originally Posted by kansasr View Post
There is no indication in either of these public filings that this is The Villages Land Company.
https://www.maurycarter.com/wp-conte..._S20230613.pdf

The parcels highlighted in red comprise the Journey Circle M Ranch in Leesburg. The 1,356-acre ranch is reportedly under contract. (Lake County Property Appraiser)

Ayana Holding, a fully-integrated real estate development firm based in Dubai, has entered into a joint venture with Orlando-based Marsan Real Estate Group to develop a 1,800-acre master-planned retirement community in Lake County, about 40 minutes outside of Orlando, with an estimated value of $1.6 billion.

Located a few miles from The Villages, Bella Viva at Whispering Hills would comprise 5,500 homes with a mix of retail and commercial development.

The conceptual master plan calls for golf courses, restaurants, shopping malls, a medical clinic, boutique hotel, spa, hospital and equestrian center, according to the JV partners.

Leesburg City Manager Al Minner told GrowthSpotter representatives of the Marsan Group have had three neetings with city staff to discuss the project, and they submitted a very informal proposal which was returned to the developer for completion. "It really wasn't at a stage to where we could even process it," Minner said.