[JohnM]

When we met with a marketing rep in 2-08, they quoted a 1 bedroom/1 bath at $252,000 with a 90% refund; monthly maintenance was quoted at $2,185 (1 meal per day, utilities, transportation, maintenance included);

They said they were 70% sold at that time (construction had not started);

Freedom Pointe is owned and managed by Brookdale Senior Living. The are quite large; we visited a local Brookdale facility and were impressed.

John

[bacchus6]

Thanks, this is all very helpful. I'm surprised that more than a few people in TV haven't heard of FP. BTW, I doubt the $750k figure is right. I believe the JohnM post ($252k) is much more the norm. I guess Brookdale could do a showroom with a scale model--just like a condo or apartment developer would--that might help a little.

[Cassie325]

I LOVE that idea....I don't think everyone really knows what services are going to be available...it is not just lawn maintenance....not just home watch type services....

I actually have some great ideas for the place....would love to talk...if you are interested....PM me....

[Villages Kahuna]

• Freedom Pointe is now about five stories out of the ground--on schedule for its 2009 occupancy.
• I'd be amazed if almost everyone who lives in TV hasn't at least heard of the development. Both their promotions, their ground-breaking and now the construction itself would be hard to miss.
• The "place-holding deposit" is NOT huge! It's $1,000 and is fully refundable.
• The cost of the units and the monthly fee impressed me as being less expensive than what I have seen for similar high quality developments in big cities.
• From what I've heard as the result of my own place-holding deposit, they will open next year with the first building in the complex almost fully sold out. I have not heard of their plans to break ground on the second phase.
• The selection of the developer who would be permitted to build in TV, as well as all of the details (architectural review, integration into the community, prices, etc.) were negotiated between the developer of TV and senior housing developers seeking to build on the site. I've been told that those discussions and negotiations reportedly took several years to finalize. As you might imagine, very little if anything has been left to chance. It'll be first class, just like the rest of TV.

The best way to get some infoprmation on the development is to call or write Brookdale. Then you'll almost certainly get accurate information.

[tonycirocco]

Went by there yesterday and was sad to see some 50-100 huge oak trees on the south edge cut down. >

[nONIE]

Toncat,

Im with you, it really kills me to see perfectly healthy big trees cut down to make way for construction.

Im not a tree hugger, just someone who loves and appreciates nature.

[Cassie325]

While it is sad....there is a lot of land that has had to be destroyed to make new buildings...knowing Brookdale and TV's....my guess is that they will replace most of them and it will be beautiful once again....

[bacchus6]

Thanks again, all. To Villages Kahuna, and I'm sincerely not meaning to be rude (perhaps a bit facetious)--just responding:
1) the $1k deposit you're talking about is for the waiting list, not a real deposit (usually $10k or 10%+).
2) We can see the webcam and the # of stories--i don't think anyone was saying FP is still in the planning stages or anything like that.
3) at least a few posters indicated that they had not heard of FP or knew folks who had not--so perhaps you are amazed? .
4) sure, the plans are to open EOY 2009 (i don't think anyone is disputing that)...but how often have you seen projects go past their budgeted timetable?--not saying this one will--just saying it happens.
5) i appreciate your advice to talk with Brookdale, and I did that before ever posting to the thread. As I said, I am an investor--I don't mean anything by this re: Brookdale the company, but asking them only is like asking the guy selling you his car if it's a good car and then buying it immediately when he says "of course it's great"--you'd probably want to canvas other people, who may have good thoughts about it, and who hopefully have no potential conflicts of interest.

[gfmucci]

I received a mailing several weeks ago that said the first building was sold out and they were taking reservations for the second phase that would be built in 2 to 3 years as I recall. I agree with Kahuna: to get the best info on costs, timetable, and amenities, the best source is "the horses mouth", in this case, the entitity developing the product. If you don't trust that source, by all means do further independant research.