OP "hit the nail on the head" regarding Southern Lifestyle's closing because the Developer is beginning to exit businesses that are soon to be not important to marketing and selling new homes in TV. In addition, the furniture business will greatly diminish with buildout.
As far as future development elsewhere by the Morse family, your guess is as good as mine. One of the main reasons that development on the scale of TV was not only possible but very profitable was the establishment of the Community Development Districts (CDD'S). Can you find such in other places besides Florida? Of course, there is still much land still available here in the Sunshine State.
Another factor, Gary Morse like many of us, is not getting any younger and may deside to retire and not care to accept the challenge of another TV development elsewhere.
Other changes are likely. Perhaps the Championship Courses will be next to be sold. The profit was in the lots and houses around the golf courses and not the courses themselves. One thing for sure, the next two or three years will be interesting.
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Most people are as happy as they make up their mind to be. Abraham Lincoln
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