Talk of The Villages Florida - View Single Post - Developer buying more land?
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Old 08-08-2013, 09:10 PM
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Quote:
Originally Posted by collie1228 View Post
From this month's VHA newsletter reporting on the most recent VHA town meeting:
Q: It has been recently reported that the developer has purchased an additional 600 acres north of 466A. What is the intended use of this land?
A: The 600 acres is actually south of 466A. At this time the developer is considering purchasing it, but has not yet done so. If purchased, the land would be treated like all other residential property in The Villages. The decision is still several months away.
In addition to what collie posted, there was an article in the Daily Sun a few weeks ago which reported this.

The developer has a contract on about 1 square mile (about 640 acres) south of 466A, across from Burke's BBQ. In addition to this, the developer already owns about 600 acres immediately south of this. This can be seen on the Lake County GIS website.

So, the developer has a total of approximately 1,200 acres which appear to be potentially used for more of the "magic formula" of golf courses, rec centers and homes. The west edge of this meets the east edge of property already owned by TV and planned for development.

So, imagine a road like Hillsborough Trail continuing eastward from the future southern extension of Morse Blvd., and it's easy to see how this can be tied together.

What is unique about this 1,000 acres is that it's all in Lake County, not Sumter County. My gut tells me that TV lawyers and Lake County lawyers are negotiating how to create a Community Development District in Lake County.

Last edited by champion6; 08-25-2013 at 02:31 PM. Reason: Corrected size of owned property