New Town Square

[Yoda]

Does anyone know the status of the new town square? Brownwood is what I think it is called.

[Bogie Shooter]

No dirt is moving.

[cmj]

I find it hard to believe that TV would build another square when the two they have are struggling to fill stores and keep restaurants. It's awful to walk around and see all the vacant storefronts. I can't imagine filling the squares with office space. Good question though, especially for folks who bought out that way anticipating another square.

[beady]

My uneducated guess is that Brownwood will be built at a later date...after the housing market rebounds and the economy stablizes...in other words, don't hold your breath waiting for the dirt to move.

[Skip]

I went out there the other day and kicked some dirt around in an effort to get things started.

Well, at least I'm trying to help here!

(My prediction is 2015.)

Skip

[chelsea24]

CMJ, I don't think anyone bought "out that way" hoping for Brownwood to be built. There are not houses at all that far out. I'm as far south as TV goes and my main Town Square would be LSL, although I love Spanish Springs too. I'm just 10 min from LSL. Brownwood is set to go all the way out to 44 I believe.

So, people buying in Hadley, Duval, St. Charles, etc. should really not worry about Brownwood being their primary Town Square. Though it will be nice when they do start building further south than we are. I hear a new Wellness Center will be out this way too. Anyone else hear that??? :shrug:

[Laker14]

I went out there the other day and kicked some dirt around in an effort to get things started.

Well, at least I'm trying to help here!

(My prediction is 2015.)

Skip
Perfect.

That's my planned retirement year.

[Villages Kahuna]

My guess is that the sequence of construction south of CR 466A will be...

• First, the golf courses, roads and pools

• Then new houses and villas

• Lastly, will be the construction and leaseup of Brownwood

Given the status of the economy and the decline in house sales north of CR 466A, my guess is that it'll be awhile before items two and three are started out there. I wouldn't be surprised to see some dirt moving on new golf courses, though.

[donbettyr]

I heard a from a guy whose wife works for TV that Brownwood has been scrapped, as well as any work south of 466A due to the real estate market, and the economy. TV will finish north of 466A and that is it!!

[Russ_Boston]

Doubtful! Still too much money to be made. They'll just wait it out. They own the land, what are they supposed to do with it?

I agree with VK - you'll see golf course construction in the near future.

[Bogie Shooter]

I heard a from a guy whose wife works for TV that Brownwood has been scrapped, as well as any work south of 466A due to the real estate market, and the economy. TV will finish north of 466A and that is it!!
This one is hard to believe!

[Midge538]

"And I heard from a guy 'who knows a fellow in the construction business' that said 'he knows a guy' that thought he heard that 'a friend of his sister's brother-in-law had heard.. .............."

[Bogie Shooter]

"And I heard from a guy 'who knows a fellow in the construction business' that said 'he knows a guy' that thought he heard that 'a friend of his sister's brother-in-law had heard.. .............."

How could anyone top this!
:laugh::laugh::laugh:

[ijusluvit]

Unlike my luck picking winners in sports, I'd LOVE to have someone bet me Brownwood and TV to Rt 44 will not be built. Not only is the land purchased and development started, but so has the baby boom retirees onslaught just started. TV's current mission statement is that everyone in the US will know what and where TV is. Combine those realities with the overwhelming endorsement of current residents and you have a no brainer. It just a question of how soon. And, I'll also bet that won't be the end of the building either. Any takers?

[LvmyPug2]

Our Villages sales rep told us last week that it would be at least 4 yrs before they build it. Slowed market and boomers working longer than expected was the reasons given.

[SteveFromNY]

Our Villages sales rep told us last week that it would be at least 4 yrs before they build it. Slowed market and boomers working longer than expected was the reasons given.

Just like the times made the original schedule change, they could again. If the market picks up, it could all get accelerated.
In my opinion, based strictly on watching what TV developers are capable of, there will be a completed build-out, although it may take longer than anyone originally expected.

[billethkid]

I do believe there have been some economic turbulence over those years.
What they have now is critical mass of population. Sufficient to draw national concerns we have all come to appreciate.

It was not so long ago (pre South of 466) when there wasn't a national concern within a rifle shot of anywhere in TV.

They (TV) have established that if you build it they will come. Maybe at a slower rate one time VS another. I know developers who would give their left arm and other strategic parts of the body in return for one of TV's "slow" years.

The only thing that has changed (in my opinion) is timing.


BTK

[rshoffer]

I betcha there are at least 20 thousand retiring boomers out there who all could come down today and buy a premier. This is a minor bump in the road. The "boomer effect" will overpower the recession for sure. All the developer needsta to is get em here for a taste of the you know what.

[aln]

I think 8k is conservative.
I believe the Soc Sec Adm statistic is 8k PER DAY turning 62.
That will be 2.9 MILLION in 2009.
Now, even if only 1% look at this place that's 29,000
And if only 10% buy in that's 2,900 (which is 1/10th of 1% the 2.9 million.
I think any business would be happy with that return in these times

[REDCART]

According to a press release today by the Commissioner of Social Security,
http://www.socialsecurity.gov/pressoffice/pr/pattyduke-pr.html an average of ten thousand people a day for the next 20 years are expected to file for retirement. The rest of your math paints a scarry picture.

George

[Bogie Shooter]

There go the d%*$ tee times!
:yuck:

[chelsea24]

I agree. The Boomers will be on the way. Being a true Boomer, I was lucky enough to get here early! Most, if not all, of my friends from up North will be retiring in the next 2 to 5 years. Plus, I consider TV to be a very unique Retirement community. We investigated many places before buying here. It's really more like a Resort Community. So much to offer. I absolutely believe the developer will build on and sell every inch of property he owns.

And more power to him! I don't think people can ask for more! ;)

[Yoda]

I obvoiusly hit a nerve. Thanks for all the input. A simple question brought out some very usefull information.

Thanks,

Yoda

[rsetterlund]

I have heard that FL is changing zoning regulations in 2012 which does not allow clustered build, so I would think TV has a problem, because that is all they do.

[Russ_Boston]

I would think that TV has all the zoning in place already for future builds in the Brownwood zone. I would doubt that any new zoning would overlay already agreed upon construction. To my knowledge, the streets are even named and all engineering is already in place. It's only the construction that is behind.

Florida's past and future is retirees. There will still be new retirement communities created and filled with boomers and post-boomers. Florida would never shoot that cash cow in the foot!

[Bogie Shooter]

I have heard that FL is changing zoning regulations in 2012 which does not allow clustered build, so I would think TV has a problem, because that is all they do.
Mr Moorse will have no problems as long as the state is run by Republicans.