Skip to main content
Coffee Talk
Business Observer Thursday, Sep. 24, 2009 9 years ago

Planning panel has perfect timing

Share
Sometimes an industry panel discussion is perfectly timed with the news of the day.

Sometimes an industry panel discussion is perfectly timed with the news of the day.

The Urban Land Institute's Southwest Florida District Council sponsored a meeting in Estero on Sept. 24 entitled: “What is the future of master-planned communities in Southwest Florida?”

The answer was splashed across the front page of the Wall Street Journal the same morning: “Teed Off Residents Drive Developer to the Brink of Ruin.”

The article reported the saga of Bonita Bay Group's battle with residents who are demanding refunds on their golf-club memberships. The Bonita Springs-based company is one of the most prominent developers of master-planned communities in the region, but it can't refund the memberships because of anemic land sales and dwindling resources.

You can read a recent interview with Bonita Bay Chairman David Lucas at Review.net (type “Lucas” in the search field and click on “Bonita survival plan.”)

Related Stories

Advertisement