Thursday, December 24, 2015

West Villages and Sembler Partner to Create First Commercial Development in West Villages Article

From Tampa Bay Newswire

 - See it at: http://www.tampabaynewswire.com/2015/11/30/west-villages-and-sembler-partner-to-create-first-commercial-development-in-west-villages-41148#sthash.f5VWYjiW.dpuf


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The West Villages, FL— Main Street Ranchlands, LLLP, the commercial developers in West Villages, and The Sembler Company formed a joint venture to develop the Marketplace at Coastamar in West Villages. This is the first commercial opportunity in the rapidly growing master-planned community in south Sarasota County. The name “Coastamar” was selected for its reflection of the coastal feel in the community that is just minutes from beaches. 


The first phase will include a grocery-anchored experience with 60,000 to 80,000 square feet of retail and commercial space. Coastamar will be home to about 600,000 square feet of non-residential space—including retail, restaurants and entertainment. There are 3 million square feet planned for commercial experiences in West Villages. 


“Sembler is the ideal partner for us. We like their vision and energy and the team approach they take,” said Martin Black, general manager of West Villages. “We are creating a destination that will be a showcase for all of the west coast of Florida. This will be an economic driver as well as provide valuable and vital services that contribute to the lifestyle here.” The planning and permitting is underway for the property located on the west side of U.S. 41, north of the SCF-Venice campus. The partnership will break ground within the next 12 months and will open in late 2017. 


“This is exactly the kind of opportunity we look for—it’s innovative, attractive and will be part of a welcoming community, “ stated Josh Beyer, P.E., senior vice president of development at The Sembler Company. “We are dedicated to this market and see many strategic advantages here and look forward to our mutual success.” 


About Sembler: 

The Sembler Company is celebrating over 50 years of creating retail real estate value. Sembler provides a full array of retail real estate services, including development and redevelopment, acquisition, property and asset management, leasing and other related services throughout the southeastern United States and Puerto Rico. Sembler has developed more than 325 projects totaling 27 million square feet and currently leases and manages over 11 million square feet. For more information, please visit www.sembler.com 

About West Villages: 

The 10,000 acres that comprise the West Villages (www.MyWestVillages.com) are located adjacent to the US Highway 41 corridor in South Sarasota County between the urban centers of the City of Venice and the City of North Port. The community is being developed by a partnership that includes Mattamy Homes (www.MattamyHomes.com), the largest privately owned home builder in North America, and Vanguard Land, one of the region’s premier and well-respected land developers.





If you are considering purchasing a home in this community, I can assist you. My services and extensive resources are of no cost to you, and in most instances, I am even able to save home buyers money.  I do not work for any of the wonderful builders/developers in the West Villages Improvement District, or any others for that matter. My services and information (including the resources provided on all of my websites) are wholly independent of these developers. No other independent professional is more knowledgeable about this community, and enlisting me to assist with your transaction can provide you with a wealth of information as well as saving you money.

Please, check out my Venice area website, and contact me for more information!
Look forward to hearing from you!
Ali

Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Mobile: 941-539-5771


Wednesday, December 2, 2015

West Villages Improvement District Meeting Nov. 2015

From http://wvidfl.blogspot.com/2015/12/west-villages-improvement-district.html

The following is taken from the recently proposed updated master plan to Unit 1 (common areas planning) in the West Villages Improvement District to assign remaining bond funds. The proposed plan was accepted at the last WVID meeting on November 24th.

WVID Public Infrastructure Improvements Master Plan Components

Unit 1 was formed in order to finance District-wide improvements and also to finance standards development and master planning activities required to develop public infrastructure plans for the Unit (the “Project”). The improvements as well as the standards development and master planning for the Unit will be consistent with the City of North Port Comprehensive Plan and Implementing Ordinances, studies, plans, and may include:
  • §  Preparation and Development of Regulatory Standards and Procedures
  • §  Master Planning for Public Infrastructure needs
  • §  Alignment of future Units and Allocation of Benefit methodologies and procedures
  • §  Roadways, including thoroughfares, arterial, collector, or local streets
  • §  Stormwater Improvements
  • §  Master Irrigation facilities
  • §  Roadways Landscape, Lighting, Signage, and Furnishings
  • §  Roadways Gateway features
  • §  Park and Recreation improvements
  • §  Fire/ Rescue, Law Enforcement, Solid Waste, and General Government related facilities contributions to the City of North Port
  • §  School sites
  • §  Engineering and Contingencies


Estimated Cost of Improvements

Table 1 lists the components of the Plan of Improvements for Unit of Development No. 1, together with their estimated costs of design, implementation and construction. The Table also includes an estimate of administrative, engineering and legal fees, and contingencies associates with the improvements. The Table is divided into two sections, those being projects previously constructed and those planned for future construction.





In other news from the last WVID meeting, the budget for 2015/2016 has now been finalized. Check the link for the detailed budget and comparisons to prior years, if you are so inclined. The resodding along 41 is progressing as planned. And, thanks to a regular WVID meeting attendee (IslandWalk resident and neighbor, Paul Nienaber) it appears that two property appraisals may be obtained in the future for district involved land deals. This is good news as there has been concern from some members of the public in past that the appraisals obtained seemed overinflated. Hopefully, multiple value opinions will either correct any problems that have existed or quell concerns going forward, whichever the case may be.


If you are considering purchasing a home in this community, I can assist you. My services and extensive resources are of no cost to you, and in most instances, I am able to save home buyers some money.  I do not work for any of the wonderful builders in the West Villages Improvement District, or any others for that matter. My services and information (including the resources provided on all of my websites) are wholly independent of these developers. No other independent professional is more knowledgeable about this community, and enlisting me to assist with your transaction also serves to fund these resources to keep them available for you and others on an ongoing basis.

Please, check out my website, and contact me for more information!
Look forward to hearing from you!
Ali

Aileen “Ali” Johnston, MHA, MBA in Real Estate
Realtor®, Hoover Realty LLC
Mobile: 941-539-5771