Talk of The Villages Florida - View Single Post - Future Cost: Private to Public Transfer
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Old 02-08-2014, 09:38 PM
Carl in Tampa's Avatar
Carl in Tampa Carl in Tampa is offline
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Quote:
Originally Posted by coolkayaker1 View Post
Residents cannot, as TNLakePanda points out, know the amount of business subsidy provided by developer to restaurant/shop renter. The subsidy comes in a private business interaction between developer and renter. Although businesses can appears to be flourishing, it can be because of a developer providing attractive rents.
Contrary to your assumption, I have been told by employees of various businesses in The Villages that in those buildings which are owned by the developer, the business not only pays appropriate rent but also pays a negotiated percentage of the profits that the business makes to the developer.

And, on the highways where many of the businesses "in" The Villages are located, US 27/US 441 and CR 466, the businesses are not actually in The Villages or owned by the developer, so there is no subsidy to lose.

And, of course, the local towns of Wildwood and Leesburg, and nearby Ocala have businesses that benefit from patronage by residents of The Villages.

There is no shortage of places to shop.
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