Will WCI trade Future Tower N and/or M for the Raptor Bay Units?
PLCA now claims that WCI agreed not to build 200 units in the Colony in consideration for the PLCA Beach Park giveaway.
Which 200 units in the Colony will WCI not build?  (a) Altair?  (b) Future Tower N?  (c) Future Tower M?  or (d) the fictitious units that WCI never could build and never planned to build but only uses to promote the fiction that it hasn’t reached the 85% threshold?
Answer of course is (d).  Our PLCA Board has been suckered again!

4 thoughts on “

  1. Regrettably my points must not have been clear since the message appears to have been missed or twisted. Responsible and previously anticipated growth can be managed through an open and transparent process. What we’ve been dealt is an unanticipated increase in usage which also appears to have opened the door for the potential annexation of Raptor Bay, the timeshare properties (and perhaps the old Weeks property as well?) into Pelican Landing. The devil is in the details which cannot be ignored. What we need is an elected board that makes far-reaching long-term decisions in the sunshine where the implications of deals can be openly vetted. This would allow Pelican Landing to thrive and, at the same time, alleviate the surprise factor and the mistrust.

  2. My understanding was the those 200 units were used as a bargaining chip to get the fantastic deal we did when buying the marina property. The future of those units is still uncertain; single homes, condos, timeshare (I don’t think so), but I will attend tonight’s Town Hall Meeting (what a good idea!) to get an answer to just that question. All should attend.

    • Chip – reading the documents associated with this purchase will provide you with the facts (not the sales pitch). Similar to the two presentations in 2012, it is unlikely the Town Hall meeting will provide you with the details. What is certain is that WHEN those 200 units are built in and around Raptor Bay (per THE OCTOBER 2014 SUPPLEMENT TO THE PLCA DOCUMENTS) they are granted use of PELICAN LANDING’S Beach Shuttle. This season as well as last season’s shuttles were already stressed beyond capacity on numerous occasions. If you consider the 3 towers to-be-built in The Colony, I think you can see this “deal” will further overburden our shuttle boats.
      While the $700K for the marina may have been a good price, the 200 unit giveaway and THE ANNEXATION OF ADDITIONAL PROPERTIES into Pelican Landing may make this “fantastic deal” less than attractive. The marina parcel was highly encumbered per the Settlement Agreement and therefore unattractive to any buyer other than the PLCA. Pelican Landing already had vested rights at the Coconut Point Marina. Why was it necessary to sweeten this deal which clearly favors WCI when WCI would have been under pressure to shed such “assets”, WCI had no viable ability to produce net income from this parcel, and WCI was required by the State to maintain the marina (which had been neglected)?

      • Thanks for clarification Anne. Sounds like ‘all is lost.’ We should pack up and sell our Pelican Landing condo as soon as possible, before news of all this uncertainty and overcrowding goes public. Values and availability of amenities are certain to decline substantially. Unless of course, ….. we approve upgrades to our amenities, supported by additional resident assessments, to accommodate growth responsibly. We’ll certainly need a collaborative group on the elected Board to evaluate and manage that (apparently) inevitable growth.

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