Talk of The Villages Florida
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Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Apartments Coming to Lake Sumter? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/apartments-coming-lake-sumter-311063/)

mulligan 09-16-2020 09:22 AM
Quote:
Originally Posted by bargee (Post 1832904)
Just watch out for zoning changes at the Polo Field
Why ??

EdFNJ 09-16-2020 09:30 AM
Quote:
Originally Posted by Northwoods (Post 1833377)
I 100% agree. People are complaining that we are losing restaurants in the square, yet they try to block adding 2nd story apartments that will ADD customers to keep the restaurants in business!! Converting the 2nd floor in the square to apartments takes nothing away from villagers.
Maybe we should ask businesses on the square what they would like.
If a restaurant is lousy it makes no difference how close people live to it, it won't help them except maybe for an initial visit. If a restaurant is GOOD people will come from all around to go there.

alwann 09-16-2020 09:31 AM
Quote:
Originally Posted by rustyp (Post 1833648)
I agree - that's the point. The developer is leasing out the CC restaurants at a fixed rate and the lessee is the one that does or doesn't make a profit dependent upon traffic flow (and the success rate of policing those lemon water drinkers). My guess is turning these facilities into high end apartments will yield much more profit with less headaches for the developer. When remodel time comes why not convert to the more profitable endeavor ? As many point out here the developer is in business to make money. Might as well maximize it. Goodbye Cane Garden - The restaurants are right down the street at Sumter Landing Square. Any predictions on which CC gets turned into apartments after Cane Garden ?
What's up with Cane Garden? LSL is two miles away, so not exactly just down (up) the road.

EdFNJ 09-16-2020 09:33 AM
N/M, old news.

rustyp 09-16-2020 09:40 AM
Quote:
Originally Posted by alwann (Post 1833659)
What's up with Cane Garden? LSL is two miles away, so not exactly just down (up) the road.
As other posters have pointed out Cane Garden is in need of a remodel job - outdated and showing much wear. Hacienda Hills was a couple miles from Spanish Springs downtown and it came down. Given the HH move why wouldn't the developer follow suit with other CC's ?

Jayhawk 09-16-2020 11:09 AM
Quote:
Originally Posted by rustyp (Post 1833666)
As other posters have pointed out Cane Garden is in need of a remodel job - outdated and showing much wear. Hacienda Hills was a couple miles from Spanish Springs downtown and it came down. Given the HH move why wouldn't the developer follow suit with other CC's ?
I'll tell you a secret if you promise not to tell - The Country Clubs are really just restaurants. Bad, unsupported restaurants fail all the time.

Our secret.

Number 10 GI 09-16-2020 02:22 PM
Quote:
Originally Posted by Jayhawk (Post 1833714)
I'll tell you a secret if you promise not to tell - The Country Clubs are really just restaurants. Bad, unsupported restaurants fail all the time.

Our secret.
I did a quickie search of the internet and this was stated many times:

"The statistics regarding restaurant failure are staggering. Approximately 60% of restaurants fail within the first year of operation, 80% fail within the first five years. Sometimes, however, learning the pitfalls before you develop a restaurant business plan is the best way to avoid them." And this is during non-pandemic times.

There was a Chinese restaurant back in our former home town that had been there for years until the food quality and variety started to decline. It closed not long after due to customer loss.
There is another Chinese restaurant near our former home that had been there for years also, but they are still in business because the quality and variety of food has been consistent. Restaurants are a tough business.

EdFNJ 09-16-2020 06:03 PM
This sign was posted on the outside wall of the Van Heusen store building at LSL. I guess they are specifically targeting that building (it does have a nice 2nd floor w/balcony).


https://i.postimg.cc/ZY603wpS/2020-09-16-16-49-34.jpg

CanTho 09-16-2020 06:29 PM
Quote:
Originally Posted by oldkatz (Post 1833281)
Having property in creek side lake sumpter area I can say music is loud I can’t imagine how loud it would be on the square
I agree plus the smell from the various restaurants ugh x10:ohdear:

champion6 09-17-2020 12:21 PM
1 Attachment(s)
Quote:
Originally Posted by EdFNJ (Post 1833900)
This sign was posted on the outside wall of the Van Heusen store building at LSL. I guess they are specifically targeting that building (it does have a nice 2nd floor w/balcony).
That one building is not being targeted.

The attached notice was published in the Daily Sun. ALL the buildings around LSL Market Square - those buildings surrounded by Old Camp Rd and Lake Shore Dr - are located within four parcels that are going to be rezoned for multi-family residential.

drcar 09-17-2020 12:45 PM
Quote:
Originally Posted by rustyp (Post 1833648)
I agree - that's the point. The developer is leasing out the CC restaurants at a fixed rate and the lessee is the one that does or doesn't make a profit dependent upon traffic flow (and the success rate of policing those lemon water drinkers). My guess is turning these facilities into high end apartments will yield much more profit with less headaches for the developer. When remodel time comes why not convert to the more profitable endeavor ? As many point out here the developer is in business to make money. Might as well maximize it. Goodbye Cane Garden - The restaurants are right down the street at Sumter Landing Square. Any predictions on which CC gets turned into apartments after Cane Garden ?
Where may I ask did you get the facts about Cane Garden closing and apartments going in?

Two Bills 09-17-2020 01:12 PM
Quote:
Originally Posted by drcar (Post 1834361)
Where may I ask did you get the facts about Cane Garden closing and apartments going in?
Facts?
There you go again.
Confusing the argument!

EdFNJ 09-17-2020 01:20 PM
Quote:
Originally Posted by champion6 (Post 1834348)
That one building is not being targeted.
Couldn't it be one of many? If ALL are then that ONE is, no? The posted sign on the wall specifically read "THIS PROPERTY" I assumed it meant THAT PROPERTY to which it was taped up on. Whether it is all of LSL or just THAT property was ONE of many I couldn't and didn't say, but it did say THIS PROPERTY where the sign was attached.

Northwoods 09-17-2020 08:04 PM
Quote:
Originally Posted by vinnytalk (Post 1833422)
My concern is the removing of Country Clubs, less for us to visit and enjoy.
More apartments more people , you will never get to watch another square show unless you get by 4PM to save your seat.
The restaurants and bowling alleys closing due to high rents especially during the conoravirus?
We the HO' s will lose out on the benefits while the Morse family gets richer , she will come a point where this is no the place to live and the home values is go down.
Only my opinion
Did you not read the message in another thread FROM THE OWNER OF THE TWO BOWLING ALLEYS that said they are NOT closing them... they are NOT selling them.
Yet you are continuing to fuel this unfounded narrative about everything closing down and the Morse's getting richer.

tophcfa 09-17-2020 08:08 PM
Quote:
Originally Posted by Jayhawk (Post 1833714)
I'll tell you a secret if you promise not to tell - The Country Clubs are really just restaurants. Bad, unsupported restaurants fail all the time.

Our secret.
More worthless information, not a secret.

Northwoods 09-17-2020 08:27 PM
Quote:
Originally Posted by rustyp (Post 1833648)
I agree - that's the point. The developer is leasing out the CC restaurants at a fixed rate and the lessee is the one that does or doesn't make a profit dependent upon traffic flow (and the success rate of policing those lemon water drinkers). My guess is turning these facilities into high end apartments will yield much more profit with less headaches for the developer. When remodel time comes why not convert to the more profitable endeavor ? As many point out here the developer is in business to make money. Might as well maximize it. Goodbye Cane Garden - The restaurants are right down the street at Sumter Landing Square. Any predictions on which CC gets turned into apartments after Cane Garden ?
Hacienda Country Club had significant issues (I've heard it was mold) that led to its closing. No restaurant owner wanted to invest the amount of money it would take to "fix" that restaurant. The AAC didn't want to buy it and fix it either. If a restaurateur saw potential in Hacienda CC, it would still exist.
In contrast... let's look at Lopez. The Suleiman's saw potential. They gutted the building and created a wonderful restaurant. (I think they found more problems than they anticipated when they started the refurbishment). But now, it's an excellent restaurant. (Note - it did NOT get turned into apartments).
I honestly don't think the Developer wants to change everything into apartments. But if restaurateur's don't see a profit in a venue, they're not going to invest in it. If people aren't patronizing establishments, they will go out of business. If The Developer can't find restaurateurs to run Country Club restaurants (or any restaurants), The Developer will find another use for that space.

CanTho 09-18-2020 05:34 AM
Quote:
Originally Posted by Jayhawk (Post 1833714)
I'll tell you a secret if you promise not to tell - The Country Clubs are really just restaurants. Bad, unsupported restaurants fail all the time.

Our secret.
Not a secret. Every so called Country Club should be arrested for impersonating the name " Country Club ".

For a realistic name would be as an example: Cane Garden Diner, or Restaurant, but Country Club ? C'mon. :ohdear:

Professor 09-18-2020 05:40 AM
Why should this surprise anyone? The developer owns all the downtown real estate and when you own it, you can generally do what you want with your property if given the proper permits by the county. No surprise to me, nor does it matter to me. Some people would enjoy living in the midst of the downtown activity I suspect. At the prices the developer is charging for apartment rental, only the well off are likely to be interested so this is not likely to detract from the neighborhood if that is anyone's concern.


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