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I started seeing my tee time requests (for a group of about 16) being denied regularly about 5 years ago. Prior to that, it was a rare event. In the last several years, I started excluding those with more than 3 points. I don't think it has made much of a difference. An average points total over about 2 has a good probability of being denied with 25 courses and a 4 hour time window.
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The point I was trying to make is that the impact of the Developer leaving looks negligible but might have impacts that won’t be seen unless it happened. |
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Chelsea is in Coral Gables and is now owned by Northstar, who one of the biggest players in the country club and golf world. I can't believe they wouldn't be interested in TV's business and wouldn't respond to an RFP, unless they already have a piece the action. |
The monthly fee ($8) for Village.net hasn’t changed. It must be profitable. When something isn’t broke why fix it?
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The golf system needs to be updated and mobile apps made available. I've worked in software development my whole career. It's likely that a newer system would easier to use and cheaper to maintain. The villages golf system would not be very difficult at all to rewrite into a modern system accessible by web or smartphone apps. |
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At some point - maybe not in our lifetimes, but at some point - there will be an "end of the line" of the family, and that end of the line will say "nope, not interested." Given that they own SO MUCH of all this - what will happen to it all when they finally walk away? They can. There's nothing stopping them from simply rejecting any lease renewals on properties they rent out, and letting those leases expire, and shutting down all the buildings, disconnecting services, and walking away. They could sell it all, one piece at a time, to whoever they feel like selling it to, liquidate the whole shebang. And there is nothing we can do about it because - they own it all. No more medical centers, no more live music on the squares, no more businesses IN the squares, no more performances at the Sharon Morse Center, and heck - they could probably even shut down the Charter schools. What guarantees - in writing - do we residents of The Villages have, that this won't happen? What measures have the CDDs and other government structures taken to ensure the continued running of the community in perpetuity? |
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Electronic headline this morning: "Despite encompassing dozens of individual neighborhoods, a retirement website collectively ranked The Villages as the second most popular active adult community, one spot behind a subdivision in Ocala that took the top spot." :shrug: |
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This is nothing more than fear-mongering. Yep, there are billions of dollars of value in these agreements/transactions and "the family" is just going to end them and throw away the value. :loco::loco::loco: The second statement is even more silly. They sell the agreements/transactions/properties and the new buyer just shuts everything down and ignores their billion dollar investment. Again........:loco::loco::loco: |
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I made a lot of notes on each community, there were many things to like about each- location, floor plans, unique features, etc. and many things to dislike - HOA fees & rules, cost, limited amenities, location, etc.. The "we're better than TV" comments quickly became another line item I tracked. One thing I learned long ago, when every business compares themselves to another business, they are telling you who their main competition is. When every business compares themselves to the same business, you know who the best is, they are all telling you. I looked at OTOW twice before making a final decision, the prices were less than TV, and they were close to a lot of businesses in Ocala - big winner on both points without doubt. But the downsides stood out like a sore thumb- limited amenities and activities, but most importantly a felling of desolation permeated the community - no one outside, no one at the pool, no one being active outside, no one using the community center, nobody around and when you did see someone not a wave or a smile was returned in exchange, the place felt like a graveyard. OTOW quickly moved to the BOTL (bottom of the list). Even after buying in TV I ventured back to OTOW "just to make sure", over the years I've made multiple trips there and even looked at expanding my home photo business there. Working in Gainesville for 3 years while living in TV I saw their signs a lot on I75, and they kept drawing me in, I felt compelled to "look again" - the power of effective advertising. I made the right decision. I've visited several other 55+ communities since retiring nearly 7 years ago, curious yes, in search of greener pastures, perhaps. In fact Margaritaville in on my list to visit next - AFTER this COLD weather passes. Something about the name is drawing me to the bar... Don't loose sight of the fact that 55+ is a for profit website and they want clicks for their advertisers ads. Take a look at who's advertising and compare that to their list of "best places", 1+1=2, money talks. Based on my personal experience, there may be many communities that can give TV a run for their money for a variety of reasons, but in my opinion OTOW wouldn't make the short list. |
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When last I did a detailed budget review before leaving the CDD10 board and PWAC the combined numbers for all CDDs and amenities were about $1M with TVMG and about $4M with TSG - pretty much a drop in the bucket for the combined budgets that these contracts provide service to. The combined amenities budgets is about $225M this year and there are many more budget that draw support from these contracts for support. |
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I'd suggest the IT Budget is a huge number, but at 2% of budget, it's obviously inline. |
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My greatest fear with them, besides their microcosm-like size compared to The Villages, is what happens when they reach buildout and the Developer pulls out. The sales office and staff go away, the subsidies go away, the resort pool needs acid-washing and replastering, etc.. That being said, they have one HUGE advantage over The Villages, imho. Their home floorpans and the interior design of the model homes are superior. None of the "shotgun" style Village floorplans wherein you walk in the front door and see straight out to the lanai. No, the floorpans are comfortable, well laid out, and interesting. The way they made the plans with the smallest square footage so usable is impressive. I'm speaking of the cottage and villa plans such as the dreamsicle, bamboo, Jamaica, and Nevis for example. For what it is worth, the interior design of the models at Hilton Head is more impressive than the other two properties. My concerns stated in the first paragraph are why we opted against Latitude Margaritaville. We did a Lifestyle visit (I think they call it a StayNPlay) at theDaytona property. Aside from the ability to drive the golf cart off property to a Publix or to their version of a town center, there wasn't a whole lot of other use for a cart. Their town centers, by the way, consist of a gym, a business center for faxing, etc., a small performance area, and bar/grill. So, essentially a single restaurant. In my experiences it was not well used. I fear it will not be able to sustain itself once that sales office goes away. Looking forward to hearing your insights after your visit. |
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