[Bill14564]

Originally Posted by OrangeBlossomBaby

Administrative offices are generally in buildings that are owned by the county/municipality/state they serve. The State administration offices are in state-owned property. In fact, there is an actual law about this, that counties MAY NOT CHARGE rent to tax collectors for that county.

So if you want to compare apples to apples, then sure - let the Developers open up space in Brownwood to the district's administration offices, but NOT charge any rent at all.

That’s an idea. Instead of renting space the District could purchase property and fund the construction of a building. I wonder how that would go over.


Or, to my point, the District, being the VCCDD, should withdraw back within VCCDD boundaries to Spanish Springs. Perhaps the additional visits from residents of Fenney, Lake Denham, and Newell will help revitalize that square.

[Altavia]

Originally Posted by Bill14564

That’s an idea. Instead of renting space the District could purchase property and fund the construction of a building. I wonder how that would go over.


Or, to my point, the District, being the VCCDD, should withdraw back within VCCDD boundaries to Spanish Springs. Perhaps the additional visits from residents of Fenney, Lake Denham, and Newell will help revitalize that square[/

Even more leased space is coming available as The Developer is adding significant office space in Middleton and is consolidating many workers at that location.

Additional office space is being constructed in Eastport.

They also have no problem sitting on property until they get the price they want.

[rsmurano]

Do they need all the office space? Can their employees work from home? I worked from home for the last 10 years of my career. I was in high tech and I could have lived anywhere in the world as long as I had internet and an airport nearby (within 100 miles). My boss was over 1000 miles away and my coworkers worked all over the states, Europe, India, and in China and Japan.
IMO, unless you have to physically touch something in the office, you could work from home. If the boss can’t handle that, then get a new boss

[keithwand]

Originally Posted by CoachKandSportsguy

From where I google, there isn't any Class A / 1st Class office space available in TV other than in Brownwood. . . looks like a deal from a monopoly , .

What isn’t a monopoly in the villages?
The restaurants for sure.
Pretty much FMK or Sulimens.
Golf cart, stores, hair salons…
Never good.

[jimmy o]

Originally Posted by BrianL99

As reported this morning in a newspaper not to be mentioned, the District just leased 38,648 sq. ft. of Office space in Brownwood, in a building the Developer apparently no longer needs.

It's not clear from what I read, who is paying for the "fitup" of the building (conversion to office space, fixtures and furnishings).

The cost is $1.5M per year and I suspect that's NNN, which means it really costs about $2M per year.

That's $40 per sq. ft. in base (fixed) rent. If the lease is NNN, it's likely another $10 per sq. ft. in CAM & Taxes.

The office space market is dead across the USA. The number of empty or nearly empty office building, is staggering. There are landlords out there, that have over a million square feet of empty office space.

The average "asking price" for 1st class office space in Orlando today, is under $30/sq. ft. In Ocala, it's $23/sq. ft.

A 1st class office building in Metro Boston that housed one of the most prestigious high-tech companies in the world, just sold for less than $30/sq. ft. It was built 10 years ago for $300/sq. ft.

More than 64% of government employees across the country, have a "hybrid schedule" and don't go to their office every day. A recent US Senate report shows that less than 6% of Federal Employees go to their office every day.

You have accusations and guesses and assumptions. If you’re that suspicious why are you still living here? I know why I’m here, because I like it, and I’m thankful for the Morse family that created this great retirement place. This happens to be a business for them, and businesses are supposed to make money. If they don’t make money they close, is that what you want? All you complainers should consider what would happen here if TV was sold ….. Have you given it a moment of thought? … believe it or not most Villagers are happy here, and grateful for the Morse family.

[BlueStarAirlines]

I couldn't have said it better. There is a small subset of Villagers that find things to complain and nitpick about. If one reads this forum for a long enough time you can guess the bent of their response even before reading.

[Rocksnap]

Eastport will have a huge new sales center. I believe the Brownwood sales center will relocate here. I’m thinking this new location will be big enough to absorb corporate offices too?

[Marathon Man]

Seriously, I would move out of TV if every other day I was finding something that angered me. Personally, I am fully enjoying my well-earned retirement in a community that provides so much enjoyment for, what I consider, a bargain price.

[MX rider]

Originally Posted by jimmy o

You have accusations and guesses and assumptions. If you’re that suspicious why are you still living here? I know why I’m here, because I like it, and I’m thankful for the Morse family that created this great retirement place. This happens to be a business for them, and businesses are supposed to make money. If they don’t make money they close, is that what you want? All you complainers should consider what would happen here if TV was sold ….. Have you given it a moment of thought? … believe it or not most Villagers are happy here, and grateful for the Morse family.

Very well said! We love it here and we feel it's a bargain, considering all we get for what we pay.
Talk to people like our friends in Bonita Springs that have an HOA. I would not want any part of those.

[Bilyclub]

I don’t think anybody’s questioning how good we have it here. The problem might be that a quasi governmental agency which is controlled by the developer does not seem accountable to the residents that are paying most of the bills. Does this contract go before the ACC and PWAC ?

[Laker]

I think all the non-stop complaniers should buy some land nearby and start "New and Improved Villages", and they could compete with The Villages, and get super-rich!!!

No? I didn't think so. Don't have the money? Maybe you could borrow it from The Villages!!!

[Topspinmo]

I see you’re still learning how things works in villages.

[Justputt]

Unless the lease arrangements get way out of hand to the clear detriment of those paying the bills, I see no issue here. I look at it no different than a family member or friend renting from another friend. Would you rather pay rent to someone you know or are related to or send it elsewhere? IMO, this is no different than the mentality to "shop local" and support local businesses!

It's too nice a day to dwell on complaints! We're retired, so ENJOY life!

[BrianL99]

Originally Posted by Bilyclub

I don’t think anybody’s questioning how good we have it here. The problem might be that a quasi governmental agency which is controlled by the developer does not seem accountable to the residents that are paying most of the bills. Does this contract go before the ACC and PWAC ?

Thank you, you're absolutely correct.

& I searched the District's website last night and I can't find the Bid Offering nor the contract. It's probably there, I just couldn't find it.

I don't believe it goes before anyone other than the District. I think the District can do it on their own motion, but I believe it's subject to all the procurement laws and regulations.

I'm sure the District would say they didn't really have a choice, because they "need to be in the 'center' of The Villages". I think that's the disconnect. If you go into a bidding (or purchasing) process, with such narrow parameters, you never get much for your money. That's why they call it "sole source procurement". Only one Seller (or provider) is able to provide what you insist you need.

[Mikalle]

Originally Posted by BrianL99

As reported this morning in a newspaper not to be mentioned, the District just leased 38,648 sq. ft. of Office space in Brownwood, in a building the Developer apparently no longer needs.

It's not clear from what I read, who is paying for the "fitup" of the building (conversion to office space, fixtures and furnishings).

The cost is $1.5M per year and I suspect that's NNN, which means it really costs about $2M per year.

That's $40 per sq. ft. in base (fixed) rent. If the lease is NNN, it's likely another $10 per sq. ft. in CAM & Taxes.

The office space market is dead across the USA. The number of empty or nearly empty office building, is staggering. There are landlords out there, that have over a million square feet of empty office space.

The average "asking price" for 1st class office space in Orlando today, is under $30/sq. ft. In Ocala, it's $23/sq. ft.

A 1st class office building in Metro Boston that housed one of the most prestigious high-tech companies in the world, just sold for less than $30/sq. ft. It was built 10 years ago for $300/sq. ft.

More than 64% of government employees across the country, have a "hybrid schedule" and don't go to their office every day. A recent US Senate report shows that less than 6% of Federal Employees go to their office every day.

Thanks for the detailed and insightful information