[billethkid]

does what it has said or has had planned.

They are still building golf courses and recreation centers where no one has bought or builrt yet.

In the current economic climate it is no surprise that any ventures that involve the expense of builiding a substantial project that when complete is very dependent on the ability to lease out the massive amount of floor space for retail and other businesses.

It has been apparent that Spanish Springs is and has been having difficulty retaing the seried occupancy of space there. Lake Sumter Landing is still not fully leased out. There is a substantial amount of retail/business square footage sitting empty in the 466-A shopping centers.

There is no doubt that there is a certain build/close rate TV expects which translates into increasing population and increasing need for varying facilities offered in a town square setting. That will come at some point and TV activity will pick up.

At this point it must be TV do not need to show a 3rd town square to make a sale.

During to go-go days of just a few years ago the concept of build it and they will come was a no brainer. Until today's uncertain economy starts to get to the magic level of activity....they will build it.

My 2 cents.

btk

[Bubbalarry]

I don't see them starting anything until 90%+ is sold out on properties North of 466A. That may also include commercial developement.

Why would they with the housing market the way it is? Perhaps in 2 years maybe.

[Taj44]

In the past, if the Villages said they'd do something, we knew it would happen. With all the uncertainty due to the economy and more importantly the IRS bond issue, I'm not convinced we'll get a third town square. If it does happen, 2011 certainly is not cast in concrete. As someone else said, it is most likely just sales pitch.

[SALYBOW]

http://www.thevillagescommercialprop...od%20Flyer.pdf

Here is a URL that shows the architectural projection of Brownwood Paddock Square that I found online. It includes stats on TV.

[graciegirl]

On our way back to Ohio we prowled around there, as close as you can get and it looks like the streets and tunnels are in, at least in some areas near Brownwood Paddock. (We thought they were working at the site of Brownwood Paddock itself, but were guessing really.

They recently have called Brownwood, Brownwood Paddock and I was guessing it would be horsey, kind of like Lexington, Kentucky or maybe English or Polo.... but I was wrong.

I enjoyed that link SalyBow and reading that the style will be old Florida.

I love watching those geniuses at work.