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Could this be more Villages following Fenney?
1 Attachment(s)
An application for mass grading has been submitted the Southwest Florida Water Management District for an area called Southern Oaks. It is 2,307 acres, located south of 44 (but not touching 44), east of 468 and north of the Turnpike. Link to application: Environmental Resource Permit Apps
The attachment shows the outline of Southern Oaks. Here's the interesting part. The applicants are the property owner - Daryl M Carter, PO box, Orlando - as well as Martin Dzure, 1045 Lake Sumter Landing, The Villages. Grant & Dzuro Engineering is at this address. This address was formerly used by Mid Florida Properties LLC, a developer-owned business that is now at 1020 Lake Sumter Landing. Hmm ... If it looks like a duck, swims like a duck and quacks like a duck, then it probably is a duck. |
To be a success, there needs to be a 200,000 sq. ft. Publix!:evil6:
Champ, great piece of information. What gave you the lead to explore this further? |
Build out is a myth.
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Anybody who thinks they'really done hasn't had enough Kool aide yet. Why stop build it and they will come. Good for them .
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My unprofessional opinion is, there will only be a build out when there is no more property ! :D
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Seem to remember some time ago on here about a shopping area for that spot. Now that there'should nearby housing coming makes sense to start now.
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Daryl L. Carter/Maury Carter Assoc. is a huge real estate firm in Orlando. They brokered the deal with The Villages for the dairy farm that is now The Villages of Pine Hills and Pine Ridge, Fruitland Park.
To see how much land he owns or is trustee for in Sumter County just enter Carter, Daryl in the name search at Sumter County Property Appraiser The land he owns or controls northeast of the Turnpike has been on the market for many years for $30,000,000. Whether TV has come to some agreement with them now that the turnpike exit is nearly ready . . . we shall see. |
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How many of use got sucked in by the build out? |
They have a plan for that area that was approved by Wildwood a few years ago.
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As long as they keep the amenities in line with the population, who cares? If they start building "village islands" that are not connected to the main campus, don't have significant amenities, and have the right to use main campus amenities, things could get interesting.
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My wife searches the Rec news for yoga and swim activities for the week which ultimately take her to all of the different rec centers south of Lake Sumter. During the off season she needs to arrive 30 to 45 minutes early to secure her place. She certainly will not travel south of SR44 on a golf cart. |
I was told by a Village real estate agent a year or so ago that the Developer wanted to continue building in order to continue employment for an many employees as possible. It seemed to me like a sincere and honest opinion from someone fairly close to those in charge of the construction operations of The Villages.
Of course, with the large commercial property owned by the Developer, a larger population base is certainly not bad for business. |
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From page 5 -> At build out, and subject to the conditions and restrictions herein, there will be a maximum of 1,214 residential units, 1,930 apartments, condominiums, and townhouses, ..... too few residential units From Page 46 -> The onsite wetlands total just under 40% of the site and along with adjacent upland buffers are being preserved. too little space This doesn’t sound like the usual game plan for our developer based on the above plans. |
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Given that 'The Family' is only getting bigger and the natural tendency is to bring those members into 'the business'...I can't see why they would stop. :shrug: And as far as I'm concerned, as long as they build the amenities and infrastructure (re: golf courses primarily) to keep up...I welcome additional people seeking their dream retirement spot. I personally am not one of those (not saying you are either) who have the 'I got mine, find yours somewhere else'...line of reasoning. I have more than a couple of neighbors (who have been here about twice as long as me)...who feel pretty strong about that philosophy however. :ohdear: |
Speculating on the number of homes
champion6, thank you for posting this information . . . very interesting.
The land acquired to build the Village of Fenney (1,000 acres according to the 3/29 article in the other Villages news site) will support 3,000 homes. I know this is speculation, but if this land in the Southern Oaks project is indeed to become another Village(s), wouldn't a purchase of 2,307 acres support at least 5,000 additional homes? I remember the first time I visited The Villages in 2011 with my friend who was home shopping. The Villages agent who took us to see homes told us that TV's build out would be complete by 2015 or 2016 at the latest. That was the information given to the Villages sales agents 5 years ago to pass along to potential home buyers. I will keep checking TOTV and the other Villages news site to see what happens with this issue. |
If the developers feel they need more money and they want to expand the villages that is their perogative. They do an adequate job of providing golf courses and amenities, although as others have pointed out it's very difficult to use some of those amenities during the high season because of the steep demand. But one thing they have not done is to improve the highway infrastructure in and around the villages. Look at route 466 for example. That was built to handle a certain volume of traffic. The villages has almost tripled in size since we moved here and yet the highway infrastructure has changed very little. That translates to traffic tie ups and huge traffic delays during the high season. Each year it is worse with more and more people. Wait until March arrives - this place will be a zoo. You can plan on taking twice as long to get somewhere, given the increased traffic and resultanting decreased roadway capacity.
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"The Family" are developers. As long as there is land, they will continue in their job of developing. I would highly doubt they would ever quit their job because others say there should be a buildout.
If there is land, someone will develop it. I would much rather have "The Family" develop it than some other developer who will certainly not care about us at all. Carry on Morse Family. I love it. :pepper2: |
I'm just throwing this out. I have no inside information. Do you think that The Developer will eventually connect the new Village of Fenny to the main campus? Fill in the space in between? Is that even possible?
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When we got here in 2006, 466 east of the seafood place was one lane each direction. The developer funded the expansion to Rolling Acres. And he funded the expansion of 466A from one lane to two from Powell Rd. east to the Shell station. So, IMO, he has fulfilled his responsibility as TV expands. Traffic increases and facility access problems are endemic in FL during the high season. Recreation facilities, restaurants, medical facilities as well as roads are overtaxed throughout the state. I don't think there is interest in funding expansion for the 3-4 month period. |
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I think that's the rationale for the "buildout" -- the main area that is golf cart accessible will be finished, but there will be many outlying developments -- done by TV or others -- that will complement the central core. |
Application Company
Under the documents tab of ERP Permit #24580.004 APP:731440 you will see that the Company name is The Villages of Lake Sumter. The original land use in 2010 called for 1214 residential, 1930 apartments, condominiums, and townhomes, 300 bed ACLF , 505,000 sq.ft. of commercial, and 2,685,000 sq. ft. of business park. Description of permit was : predominately business park and commercial uses that are supported by residential uses. Unless changes are made to original description sounds like this will not be a new "Village' type development but a new type venture.
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If not there, then somewhere else. I chuckle every time I hear the phrase "build out" used in relation to The Villages. It's marketing. And more power to them. Harold's grandchildren are now working for the business, and business is good. Why would they ever stop?
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Why would anyone assume that new areas would be built using the same model as the current Layout? I'm quite sure that the corp. has a long term plan and have studied what future demographics will require. It is possible that the current model has reached or is nearing the end of its run.
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Just wondering...could you or anyone else be more specific regarding how the current model of TV may have reached or is soon to reach the end of its run? |
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Don't forget all the chunks of land INSIDE the villages that the developer has not bought yet - like the part north of 466 and east of the polo fields.. They will also continue to develop the historic section by buying trailers and building homes. This won't be over for a long time. They have slowed down the pace -and I think that is good - but they won't stop Ed |
Gazing into TV's crystal ball. . .
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I was also concerned if their would be a home for me but as we go along, new things are planned and built. I'm here and so will you be, one day. "Build Out " is a myth as Dr WOB Jr, always says. |
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It's about sustainability currently it takes approx 55k homeowners to maintain the status quo. that means there has to be a steady influx of buyers that have the means and desire to live the country club lifestyle which is what TV amounts too. Due to changes in economic realities and lifestyle changes the pool of available buyers will decrease sharply. Face it TV is a urban area and becoming financially out of reach for many. Pensions systems are becoming rare and home equity is nowhere near what it was 25 years ago. Many here sold the family home for multiple times the original cost, Now a 25% increase in equity is more typical. Not to mention the hit savings have taken. A smaller development with a reasonable price range can draw from those who still want to retire nearby but either don't want to spend $300k on a house on a 10th of a acre or simply can't. It used to be said you could move to TV for $100k those days are over. Add in the fact that younger generations are less tolerant of a corporation being in control over their daily lives... |
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