Why are we having apartments at all and not age-restricted? I didn’t buy into this kind of retirement community and I bet you didn’t either.

I really don’t know what that comment has to do with my post. I haven’t mentioned the AAC or that argument.:confused:

:clap2:

You had me at "resort style pool with swim up bar." SWIM UP BAR!!!! I vote YES!!
I already love this place.

Does anyone really expect any significant push-back from the county regarding not approving the proposal for the apartment complex?
Do the math, estimated value of $100K per unit including infrastructure and such puts the project at a property value of over $28,000,000. The county will ask the normal questions about traffic and intrusion of views and such. Developers will counter-offer with the normal such as turning lanes and enhanced shrubs. Perhaps I am missing something, if so please advise, thank you.

Forewarning: in my previous life, I was a RE investor.

What was the $ dollar value associated with “fair market value” to buy HH? El Santiago went for $340k or so right? If this price was anywhere in keeping with that, then realize that commercial buildings OUTSIDE the villages are selling for millions similarly sized without the extra acreage this has.

It sounds to me like if AAC was a real estate developer, they might have turned down a really good deal. Since they’re not and can’t see beyond simply keeping it in its current use, the real estate developer who owns the property (and clearly wasn’t making money in its current form) has decided to invest a few MM to build out in exchange for a huge income stream. That’s their prerogative and that’s really all there is to it. They won’t do it everywhere bc if they did, it would decrease the appeal of the villages. So maybe they’re just making their common use space a more “efficient” use.

That said, if they want to play hardball and ask for use of your amenities, AAC is under no need to grant it to them. Or, there’s a world of negotiation bw an even exchange of amenities with no fees, and no exchange at all. Sounds like a raw deal was made both times and the AAC was listening to villagers’ wishes that weren’t based in realities. But that’s just me.

The Morse family isn’t santa clause. If they’re losing money on something that is worth millions, they’re going to try to optimize the space.

One more thing, would you rather have a parking lot or have use of brand spanking new group of amenities (not paid for by your fees).

ps I think that’s BS about a parking lot. The walk to the hospital is too far, but they could have made it into a space that required as little $ to maintain as possible, if they didn’t want to invest dollars.

Thank God the family stay well clear of any politics around the elections of commissioners.
Would not want large sums of money backing any candidates, or false candidates being put forward to stop thousand having a vote!! :icon_wink:

Yes, a parking lot would be preferable.

Yes

Red herring
 

The idea of a big box store is ludicrous. There is not enough space.
A parking garage for the hospital is equally ridiculous because it's too far and not needed.

Both of those ideas were scare tactics.

Greed
 

The AAC gave the developer the amenity fees ( minus $15) from 286 units which is approximately $500k per year. In exchange, we get a new postal blog and use of the pool.

We have lost a restaurant, tennis court, and hot tub.

We gained new pool and approx 500 new vehicles traversing Morse blvd.

Blvd. Someone recently said...the daily sun is all rainbows and lollipops. The ************** prints the news that the Sun will not print.

Very well said and very true. :bigbow:

Welcome to the dog and pony show, All BS as far as i am concerned and it with be business as usual and the villagers will pay for it.