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-   -   Future commercial area @ CR470/Meggison near Lake Denham (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/future-commercial-area--cr470-meggison-near-lake-denham-351039/)

Altavia 06-27-2024 11:36 AM

Future commercial area @ CR470/Meggison near Lake Denham
 
3 Attachment(s)
IMPROVEMENT PLANS
OF THE VILLAGES OF WEST LAKE - ROOSTER WAY


Water management plans have been submitted in support of a future commercial area south of Lake Denham.

Click on documents to see available information.

Environmental Resource Permit Apps

vintageogauge 06-27-2024 12:28 PM

I remember when they released plans for commercial development at the intersection of Warm Springs and Meggison roads. That was maybe 4 years ago and it's still sitting their undisturbed.

Altavia 06-27-2024 02:42 PM

Quote:

Originally Posted by vintageogauge (Post 2344892)
I remember when they released plans for commercial development at the intersection of Warm Springs and Meggison roads. That was maybe 4 years ago and it's still sitting their undisturbed.

Probably 5+ years away for anything happening on this also. It's a weird chunk of land so suspect more to come given they have land down to 48.

Will be interesting to see what gets planned for the Turnpike/470 interchange that will happen during the same timeframe.

In the mean time they built three charter schools, Middleton Downtown is 80% complete and Eastport well under way...

Topspinmo 06-27-2024 02:45 PM

Write Costco maybe they will move new planned store down there?

Kenswing 06-27-2024 05:31 PM

Quote:

Originally Posted by vintageogauge (Post 2344892)
I remember when they released plans for commercial development at the intersection of Warm Springs and Meggison roads. That was maybe 4 years ago and it's still sitting their undisturbed.

What do you mean? They removed all the trailers that were storing the pine mulch. And there’s now a dozer parked on the site where the new rehab hospital is going. That’s progress. :1rotfl:

Shipping up to Boston 06-28-2024 05:35 AM

Quote:

Originally Posted by vintageogauge (Post 2344892)
I remember when they released plans for commercial development at the intersection of Warm Springs and Meggison roads. That was maybe 4 years ago and it's still sitting their undisturbed.

It’s been reimagined.....it’s now a construction preserve!

Normal 06-28-2024 07:27 AM

Quote:

Originally Posted by Shipping up to Boston (Post 2345011)
It’s been reimagined.....it’s now a construction preserve!

It takes time. Remember, lack of commercial space has kept the area more buoyant than other real estate areas. Commercial space isn’t a premium unless the logistics and demand are there. Look at so many other areas in the US where commercial real estate is more like the black plague for investors etc. Some areas are now black eyed with the blight of shuttered real estate. Groceries, gas, healthcare, and restaurants are much less affected by the commercial crash. Planning and flexibility are key. Like I said, it takes time to sort it out and get it right.

PGApromike 06-29-2024 04:51 AM

They have been clearing this area for a couple weeks already. Something is going in believed to be shopping plaza according to the workers.

JWinATL 06-29-2024 08:10 AM

I was a commercial mortgage lender. Retail ALWAYS follows residential. Have to establish the market.

mrf6969 06-29-2024 09:00 AM

Quote:

Originally Posted by vintageogauge (Post 2344892)
I remember when they released plans for commercial development at the intersection of Warm Springs and Meggison roads. That was maybe 4 years ago and it's still sitting their undisturbed.

This is why it can be difficult to live in the NEW areas for a few years without close by shopping, doctors, banks, groceries, restaurants, etc.

Normal 06-29-2024 09:03 AM

Selective
 
Quote:

Originally Posted by JWinATL (Post 2345332)
I was a commercial mortgage lender. Retail ALWAYS follows residential. Have to establish the market.

It helps to be selective and use existing royalty contracts too. Of course you will see Citizens First, Publix and Villages Health. Lake County and The Villages will get what they want, then interesting bids will be entertained. A major off ramp that is being built right there next to the turnpike will dictate logistics. Off ramp advertising potential married with marketing will drive a lot of ideas also. Look no further than 75 in Wesley Chapel.

Altavia 07-02-2024 01:38 PM

1 Attachment(s)
Someone questioned if this was a commercial area.


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