I suspect that The Developer is getting out of businesses in preparation for build out. Thinks like furniture stores, media, and transportation are simply worth more while TV is expanding and it makes sense to sell them while they are still "growth" companies rather than waiting for the to peak and decline.
I seem to recall hearing that The Developer would *never* *ever* build in Lake County again. Unless I'm mistaken, Fruitland Park is in Lake County.
I think that The Developer (including all of the younger generations) will keep building as long as there is demand and there is land available at the right price. There is clearly a reason for the agreement to provide the land for a Turnpike interchange as is planned. The Morse family may be nice people, but I don't see them making investments which won't pay off. Ditto renovation of Church on the Square and expansion of the hospital. How many folks are going to say "Gosh - all those extra seats in the Church on the Square. I think that I will buy a house in The Villages..."
That having been said, I doubt that Disney will sell their property to them, so there is a southern limit near Kissimmee. However, I am hoping that they move east to Cape Kennedy soon so that I can look at models in orbit.
Have a safe New Year's.
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