Large Land Purchase

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  #1  
Old 01-17-2024, 05:48 PM
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Default Large Land Purchase

The Villages with Benderson has purchased 3,400 acre Monarch Ranch
in Wildwood

Benderson spends $70M on acquisitions in Sarasota, Sumter counties | Business Observer
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Old 01-17-2024, 06:23 PM
MrChip72 MrChip72 is offline
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Looks like a play on buying the land to control it more than just develop it. It's zoned industrial and adjacent to existing parts of TV. It doesn't appear to be very feasible to rezone this land to residential as the main railway corridor goes through it. Would be good land for distribution centers and logistics though. The rumored Costco in Wildwood on SR44 appears to border this land.
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Old 01-17-2024, 06:28 PM
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Originally Posted by MrChip72 View Post
Looks like a play on buying the land to control it more than just develop it. It's zoned industrial and adjacent to existing parts of TV. It doesn't appear to be very feasible to rezone this land to residential as the main railway corridor goes through it. Would be good land for distribution centers and logistics though. The rumored Costco in Wildwood on SR44 appears to border this land.
They are readying 7 million sq. feet of industrial space on the east side of 301 in Coleman and already have a industrial park on the west side of 301 with rail down there, I can see them having a huge industrial park at the ranch with rail sidings, etc. Not too many have the finances to do something like that.
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Old 01-17-2024, 08:56 PM
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Diversification.
They are expanding their interests in Sumter County to beyond residential.
It's good for them since residential building will last a few more decades, and then what? Better to be ready with a new plan.
Good for the county, long term the economy has to diversify from the home building centric economy that it is. If it doesn't then thousands of jobs become at risk and so does the economy.
Good for the residents, pushing the tax base towards more commercial/industrial and away from the currently heavily dependent on residential properties eases the tax burden on residents. Also, high unemployment would degrade property values from multiple causes.

Most reading this will be unlikely to live beyond the start of development in this huge swath of land. This is definitely long term planning.
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Old 01-17-2024, 09:45 PM
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I say good on them. I’m sure whatever they do with the land is going to be something great!
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Old 01-18-2024, 01:29 PM
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Default Buc-ees

Perfect spot for a Bus-ees.
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Old 01-18-2024, 01:53 PM
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Perfect spot for a Bus-ees.
A Bukees and a costco at the same location?????
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Old 01-18-2024, 01:55 PM
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Originally Posted by vintageogauge View Post
They are readying 7 million sq. feet of industrial space on the east side of 301 in Coleman and already have a industrial park on the west side of 301 with rail down there, I can see them having a huge industrial park at the ranch with rail sidings, etc. Not too many have the finances to do something like that.

But, but, what about trees? O never mind.
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Old 01-18-2024, 01:57 PM
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Perfect spot for a Bus-ees.
One going in in north Ocala excess to I75.
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Old 01-19-2024, 05:45 AM
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Originally Posted by Dusty_Star View Post
The Villages with Benderson has purchased 3,400 acre Monarch Ranch
in Wildwood

Benderson spends $70M on acquisitions in Sarasota, Sumter counties | Business Observer
Within the about the last year they did build a Buc-ee's and a Costco across the street from at each other odd I95 and Int. Golf Pkwy.
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Old 01-19-2024, 05:53 AM
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The land purchase was mentioned to us by someone who owns a ranch near Monarch Ranch. Also Mentioned there would be another large ranch up for sale and in the mix soon.

He did say if anyone was buying TV would be better than others, but had hoped the train tracks would be their only neighbor for a long time.

The new Buc-ee’s in Ocala is slated to be the largest built. Until the next one.

Last edited by thelegges; 01-19-2024 at 05:58 AM.
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Old 01-19-2024, 06:17 AM
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Default Buckees

Building one in Wisconsin also just north of Madison.
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Old 01-19-2024, 07:40 AM
TomPerry TomPerry is offline
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Quote:
Originally Posted by MrChip72 View Post
Looks like a play on buying the land to control it more than just develop it. It's zoned industrial and adjacent to existing parts of TV. It doesn't appear to be very feasible to rezone this land to residential as the main railway corridor goes through it. Would be good land for distribution centers and logistics though. The rumored Costco in Wildwood on SR44 appears to border this land.
My wife’s hairdresser’s sister-in-law’s sister’s brother told her for a fact that COSCO and Buccee’s are absolutely building there in a joint venture and will have a joint “Grand Opening” scheduled for April 1, 2025!!! Please keep this information secret!!!
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Old 01-19-2024, 07:59 AM
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Part of the land on 301 has sale sign that states Retail.
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Old 01-19-2024, 08:24 AM
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Quote:
Originally Posted by Papa_lecki View Post
A Bukees and a costco at the same location?????
There is a Bucee’s and Costco on I95 near St. Augustines and both are doing just fine.
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