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TV Developer wants to build in south Leesburg
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Leesburg city commissioners are expected to decide on Monday whether to sell about 1,685 acres to the land-holding company of the massive Villages retirement development to build a new community.
Link to Orlando Sentinel: Villages wants to build new community in south Leesburg - Orlando Sentinel Note: See Post #38 for a revised picture. |
They (The Villages) will eventually own all of central Florida. Oh well. It's fun to watch it all unfold.
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NOW that will be a LONG cart ride!!!!!
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This property in Lake County is contiguous with the developer's newly announced property that's in Sumter County north of the turnpike and south and west of CR468.....we will all be connected.
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Great opportunity for a mono rail transportation/sight see system.
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Think it' time to get while the geten's good
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Skirting a turnpike/interstate/expressway is always the least desirable place to build residential homes. Even with concrete walls the noise will be continuous from dawn to dusk to dawn. Forget about sitting out on your lanai and listening to the wildlife or simply enjoying peace and quiet. The constant drone of cars and 18 wheelers isn't my idea of a peaceful retirement.
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The developers are clearly making a significant long term substantial commitment to further growth rather than selling out, walking away and going on to other ventures or retiring to easy lives. Good for them! They know the turf so to speak (pardon the pun).
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They better put in more town squares and through streets Morse and Buena :spoken:vista are already too crowded.
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Great news, the longer the developers are tied to the villages the better.
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Must give them credit by keeping the contractors working. A lot of companies have made good money !!!!!!
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This is a great opportunity for Leesburg as well as for The Villages. This will increase their tax base and hopefully bring more jobs to the area. This 3 county area is one of the poorest areas in Florida. The Villages has given the economy a huge boost and will continue to do so as long as they keep building homes. Sounds like a Win/Win for everyone.
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Most of us are in our home 16 hours+ a day. Enjoy the lifestyle, the people making money aren't going to do anything to take away their base. If we look good, they look good. I say build from west coast to the east as I welcome the long golf car rides to Tampa. Sorry electric carts.
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I would be interested if they started building in the Tarpon Springs to New Port Richey area, but probably the prices would be out of my reach. I grew up in St. Petersburg and I always miss not being near the water.
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Still waiting............... :smiley: Most of us will be long gone when and if the developer ever decides to leave, or stop building. I am not holding my breath. :D |
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Your post is bittersweet, yes having the developer still around binds them to keeping things nice around here but I'm apprehensive as to what this will do to my house equity. Over saturation of housing is never a good thing for a variety of reasons plus the current buyers are mostly baby boomers, which will peak by 2027-2032. Who will buy into this paradise after that ? Defined benefit plans are almost obsolete, Social Security cash benefits will be reduced, service jobs are grabbing an ever increasing share of the job market, globalization will continue with an ever decreasing size of the American middle class. As it is right now, my model home with a golf course view north of 466 can go for less than 350K. South of 466A its more like 475K plus. Same house, same city, same amenities, same everything AND the older model has more property, is closer to all shopping, and hooked to natural gas with CHEAPER TAXES. What accounts for this disparity ? Newer homes seemingly are more desirable and prices are driven up. Newcomers like the smell of new drywall/paint and that pioneer feeling of getting in on the proverbial ground floor. The new development will do the same to those living north of SR44 what it has to those north of 466. These are my thoughts. |
All probably true, I guess I am a frog, not that interested in resale but like the stability of the developers being here.
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I'm a frog as well. But, if I run out of money in 35 years it would be nice to draw from a reverse mortgage a higher payment because of higher equity. My only concern. |
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has even been a thought that the developers ever entertained. |
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My villa will go to my son when I die and I expect most people's children will inherit. I'm hoping they'll want to keep it for their retirements and thus keep things up. |
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The three determining factors for properties selling are price, location and condition. Price is always king and thousands of people already live adjacent to the Turnpike. Noise is usually minimal because of a wall and landscaping and not what you might think. In addition, while you may not have wildlife you will have privacy. Not everyone thinks the way you do and the houses built along a wall will sell. Just a thought, but perhaps this is a community where there should be no age restriction. The Leesburg area is different from TV in all respects and perhaps by removing the 55+ age requirement, it will appeal to a larger audience. Not everything the developers build has to be an age restricted community. |
I highly doubt I'll be around in 35 years to see what the baby boomers going to do. As for my kids whatever they get out of the house is free money. I enjoy the moment not what's down the road and not going to worry about things I cannot change.
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Ongoing Construction is Not Greed
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The greed is apparent in a number of other ways -- just not the growth of TV in neighboring areas. |
I remember a post about 5 years ago when they crossed 466A. Someone asked when do you think they'll reach build out? A poster wrote, when they reach Orlando, that doesn't sound so impossible anymore.
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I wonder what the folks who lived north of 466 (not 466 A) .....all 30,000 plus of them.....thought when they saw the widening of 466 and the first traffic circles on Morse and Buena Vista and then Lake Sumter Landing and all the retail dining and shopping that started to arrive......and the significant increase in the prices of their homes.
Patio Villas for less than $100,000? Take your pick. So those who have only arrived since the doubling of size of TV need to talk to those who have experienced it doubling......MORE THAN ONCE!!! It has been nothing but good. |
Looking at this months "The Villages Magazine" I noticed something small but I think significant. On the second page of the center circular shows a map of the Villages. The Brownwood area has been renamed Brownwood/Fenney.
Just an observation. |
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It would make a perfect bedroom community for those work commuting to/from the Orlando area. |
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I admit, I'm scratching my head on this one... An allied TV-like community? Hmmm... if it's not golf-cart accessible between units (which is THE organizational rule of TV expansion) then is this purchase some sort of parallel TV universe, a same but different expansion? The greater minds of TV are up to something, and it must be something big?
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Some people like being on the dark side of the moon. Really no golden rule what makes the villages. If they sell, it worked.
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Movie theater is A+ City Fire is a C+ Dunkin does what it is suppose to do so B Pet Store, A Hair place, B Nails C Italian place, C Wall of Beer C German place C Spice Store A- Bike Store A-/B+ Ticket office A+ Brownwood Sales office: B MVP (undecided) Clothing Stores D Tourist Stores D McAllister's: A- Best in Brownwood to eat Five Guys: C- good food, dirty place TooJays: D Cody's C Med Supply story (closed) Golf Cart Store: A Insurance: A Basically some great places, but BORING!!!!! Step up the game Bonus: Market Saturday is an F (the veggies and fruit sold aren't from farms of the sellers. Flies and bugs around the pasties and bread. One guy has a truck of rocks he sells (god bless him, nice rocks). Publix seems better. |
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A picture from today's Daily Sun. The property is larger than what is shown in the picture on Post #1.
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In other words, residents of Fenny and Southern Oaks and whatever else is built south of 44 will not have to travel all the way to LSL to eat at Toojays. |
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