[Altavia]

Here's a promo for Legacy Place from Benderson Development.

As far as I know, this is the first commercial development within the Villages not developed by The Villages.

Retail & Restaurant Space Near The Villages | Legacy Place

[smurphy]

Will it be in the Villages or Villages adjacent, like the Trailwinds shopping area on 466a?

[Bogie Shooter]

Originally Posted by smurphy

Will it be in the Villages or Villages adjacent, like the Trailwinds shopping area on 466a?

Watch the promo …….says golf cart accessible.

[OrangeBlossomBaby]

They'd need some branch of the Villages Holding Company to either build those tunnels, or make some kind of deal that allows the Legacy Place developer to build them. There's no way the Villages Developer would allow easy access to the competition unless there's something in it for them.

That's why they won't build golf cart access across Griffin at the north end of Rolling Acres out the Shay or Jeffrey gates.

[Jayhawk]

Originally Posted by Altavia

Here's a promo for Legacy Place from Benderson Development.

As far as I know, this is the first commercial development within the Villages not developed by The Villages.

Retail & Restaurant Space Near The Villages | Legacy Place

Project Overview & Key Details

• Developer: Led by Benderson Development in partnership with The Villages and AdventHealth.

[Normal]

Originally Posted by OrangeBlossomBaby

They'd need some branch of the Villages Holding Company to either build those tunnels, or make some kind of deal that allows the Legacy Place developer to build them. There's no way the Villages Developer would allow easy access to the competition unless there's something in it for them.

That's why they won't build golf cart access across Griffin at the north end of Rolling Acres out the Shay or Jeffrey gates.

There is something in it for them. It’s a joint venture.

[alwann]

I haven't seen the promo. Will it be 55-plus or like Middleton?

[Bogie Shooter]

Originally Posted by alwann

I haven't seen the promo. Will it be 55-plus or like Middleton?

Neither.
Promo is in post #1..

[vintageogauge]

Originally Posted by OrangeBlossomBaby

They'd need some branch of the Villages Holding Company to either build those tunnels, or make some kind of deal that allows the Legacy Place developer to build them. There's no way the Villages Developer would allow easy access to the competition unless there's something in it for them.

That's why they won't build golf cart access across Griffin at the north end of Rolling Acres out the Shay or Jeffrey gates.

There is a huge parcel of retail zoned land on the west side of 301 just south of the turnpike and there is going to be a crossing out of Deluna at the north end of that parcel.

[Altavia]

Originally Posted by Jayhawk

Project Overview & Key Details

• Developer: Led by Benderson Development in partnership with The Villages and AdventHealth.

Correct, includes the long awaited hospital.

https://www.thevillages.com/whats-ne...-adventhealth/

AdventHealth to Anchor New Legacy Place With Hospital
In collaboration with The Villages, Florida-based Benderson Development, announced plans for Legacy Place, a new destination taking shape along Florida’s Turnpike near County Road 470 and Central Parkway. The 700-acre mixed-use super-regional development will bring together retail, dining, business and wellness in a highly connected setting — and will be anchored by a new AdventHealth hospital on 25 acres.

At the center of that vision, AdventHealth plans to build an 80-bed hospital with emergency and surgical services.

Legacy Place will span nearly three miles along Florida’s Turnpike at the new southern gateway to The Villages and is positioned in one of the fastest-growing areas in Central Florida. Legacy Place will feature walkable public spaces and a mix of premier, unique-to-market shops, restaurants and services that reflect the lifestyle of The Villages while significantly expanding what is available in the region.

“This is an amazing opportunity for The Villages, Benderson Development and AdventHealth to come together to create something extraordinary for our community. Legacy Place will bring a variety of new retail experiences and with a reputation for providing first-class, care, AdventHealth will have a significant impact on the health and well-being of our Villagers and the surrounding area.” Robert Chandler IV, CEO The Villages.

“The Villages represents one of the most dynamic and well-planned communities in the country, making it the perfect location for a first-class, super-regional destination like Legacy Place,” said Randy Benderson, Managing Director of Benderson Development. “Our partnership with AdventHealth allows us to create a destination that not only brings new retail and entertainment options to the region, but also delivers essential health and wellness services that support long-term community needs.”

“This region is growing quickly, and that kind of growth brings both opportunity and responsibility,” said Rob Deininger, CEO of the AdventHealth East Florida Division. “We’re planning for what families will need not just today, but years from now, making sure the medical infrastructure keeps pace with the lives being built here. This will strengthen how people receive care across the region, helping connect care and reduce the need for travel.”

[Altavia]

Originally Posted by Bogie Shooter

Watch the promo …….says golf cart accessible.

The latest GoldWingnut video shows extensive Infrastructure including connecting golf car tunnels is already in progress.

[LuLinn]

The tunnels to Legacy are already being built. Watch Goldwing's video.

[defrey12]

Originally Posted by alwann

I haven't seen the promo. Will it be 55-plus or like Middleton?

All commercial I believe.

[Dlpdo]

Originally Posted by smurphy

Will it be in the Villages or Villages adjacent, like the Trailwinds shopping area on 466a?

Will be in the far southern part of the villages.

[CrosbyStills]

The extensive use of adjectives like "Premier," "First-Class" and "Unique-to-Market shops" raise a high bar of expectation. If they don't want to disappoint, they should dial it back down to something more reasonably likely. When they say Premier and First-class, I'm expecting to see shops and retail that is largely higher end. Higher end, like Tiffany, Tesla, Prada, Dior, D&G, Balenciega, Hermes, etc.

I'm not interested in most of that super high end, but I'd be very happy to see things like Anthropologie, Crate & Barrel, an Apple Store, Lululemon, MAC, The North Face, an REI, Pottery Barn, See's Candies, Total Wine (or BevMo), Williams-Sonoma (might compete with the Sur La Table going into Eastport), Oakley, Gorjana, Restoration Hardware, North Italia, etc.

While I'm not sure The Villages and the surrounding region can support this level of retail, that is the bar of expectation the Developer is setting with their announcement. If it's more banks, tire stores, and mattress stores, I'm going to be very disappointed.

It's like Daddy always said, better to under-sell and over-deliver than to over-sell and under-deliver.

I'm not, and never have been, a commercial landlord. However, it seems the balancing line between maximizing tenant rental income and having a thriving, dynamic, energetic environment in which to attract more home buyers (the fly for which the honey is intended) needs to be adjusted.

Will The Developer make less money if they lower rents a dollar/sq foot? Of course. But this is not their only income stream. If a retail plaza was their sole holding, then maximizing rental income is THE priority.

However, would fully occupied town centers filled with the busy-ness and buzz of abundant foot traffic and increased shopper traffic be worth the cost (income loss) or is just better when the town centers are ghost towns. I mean, immediately around the squares are occupied, but the tentacles stretching outward tend to end up lawyer and CPA offices, medical suites, escrow offices, etc.

I would argue that a dynamic, high-volume, fully occupied retail and dining space is far more attractive than the tapering off into empty store fronts that exists at LSL and Brownwood currently.