Leesburg closer to selling to The Villages

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Old 05-18-2018, 03:01 PM
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Default Leesburg closer to selling to The Villages

Leesburg planned to sell 1,938 acres for $11.9 million in the area where CR 470 meets Florida's Turnpike. Now, that figure has been cut to 1,115 acres for $7.8 million.

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Old 05-18-2018, 07:55 PM
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Leesburg planned to sell 1,938 acres for $11.9 million in the area where CR 470 meets Florida's Turnpike. Now, that figure has been cut to 1,115 acres for $7.8 million.

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"If you build it, they will come".............. A high speed rail line between the current north end of the Villages, at CR 42, and the future south end of the Villages, probably at Orlando's north city limits, will be needed in the future.
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Old 05-18-2018, 10:04 PM
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We are lucky about how you keep us up to date Champion 6. Much appreciated.
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Old 05-19-2018, 10:29 AM
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We are lucky about how you keep us up to date Champion 6. Much appreciated.
Agree with you. Thank you Champion6 for the updates.
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Old 05-19-2018, 10:33 AM
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Is this additional Leesburg property being bought or part of the previously announced Leesburg purchase?
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Old 05-19-2018, 10:58 AM
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Is this additional Leesburg property being bought or part of the previously announced Leesburg purchase?
First two paragraphs of the link in the OP??

LEESBURG — The city won’t be able to sell quite as much land to The Villages as it hoped because it must still use some of the land on County Road 470 for wastewater treatment.
Last year, the city planned to sell 1,938 acres for $11.9 million in the area where CR 470 meets Florida’s Turnpike. Now, that figure has been cut to 1,115 acres for $7.8 million.
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Old 05-19-2018, 11:12 AM
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Originally Posted by Bogie Shooter View Post
First two paragraphs of the link in the OP??

LEESBURG — The city won’t be able to sell quite as much land to The Villages as it hoped because it must still use some of the land on County Road 470 for wastewater treatment.
Last year, the city planned to sell 1,938 acres for $11.9 million in the area where CR 470 meets Florida’s Turnpike. Now, that figure has been cut to 1,115 acres for $7.8 million.

And the cost per acre on the reduced acreage...went up about $850.

Last edited by ColdNoMore; 05-19-2018 at 11:26 AM. Reason: Typo
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Old 05-19-2018, 11:18 AM
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That's because it is pre-fertilized.

per article-Once designed solely as a sprayfield site for treated sewage, the city was trying to sell the CR 470 site for industrial use when The Villages expressed an interest in buying the land. It did manage to sell one parcel to a construction company for $1 million.
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Old 05-19-2018, 08:06 PM
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Old 05-19-2018, 09:57 PM
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Quote:
Originally Posted by Bogie Shooter View Post
First two paragraphs of the link in the OP??

LEESBURG — The city won’t be able to sell quite as much land to The Villages as it hoped because it must still use some of the land on County Road 470 for wastewater treatment.
Last year, the city planned to sell 1,938 acres for $11.9 million in the area where CR 470 meets Florida’s Turnpike. Now, that figure has been cut to 1,115 acres for $7.8 million.
Thanks. I know sometimes people think they are talking about additional land being bought rather than just more info about the same land previously announced. It's always good to make it clear.
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Old 05-20-2018, 07:26 AM
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Thanks. I know sometimes people think they are talking about additional land being bought rather than just more info about the same land previously announced. It's always good to make it clear.
And read the source where they got their information...………….
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Old 05-20-2018, 12:03 PM
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Leesburg......the next town square
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Berks County Pennsylvania
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