In my post "UDB Line Movement Applications" yesterday, I never really explained what I meant about how one movement could cause a cascade of developments. Here is a more detailed analysis of who owns land around this particular 80 acres parcel (outlined in red) that is trying to move the UDB line. This is why I call it a house of cards, look at just some of the landowners surrounding this piece, waiting in the wings -- people/companies (some of our biggest developers) owning thousands of acres:
1. is Panstar Investments (Netherland Antille, no officers)
2. is CMH Investmentment, Inc. (Jose Machado, Jorge Correa, Emiliano Herran, Augustin Herran)
3. D.R. Horton, Inc. (one of the biggest production Home Builders in the Country)
4. Neighborhood Planning, Co. LLC. (Armando Guerra, Agustin Herran, Carlos Garcia, Sergio Pino and Ramon Rasco)
5. Neighborhood Planning, Co. LLC.
6. Edward W. Easton, Trustee Krome Groves Land Trust (Easton is a Friend of The Bush Boys, -- Parkland DRI — Lennar)
They can't keep it pasture land/farm land forever, they are going to get desperate. You can see these are land investors and they did not buy Ag land to be gentlemen farmers. Nope, almost $15,000,000 for 80 acres...not a farmer! Horton didn't pay $25,000,000 to become cow herders.
5 comments:
Great post, G.O.D. More readers are coming to eyeonmiami to read what they can't see, in The Miami Herald.
I agree. Great post. Much more timely than Miami Herald or Daily Business Review.
Those investors scare me. They will do anything to pave the Everglades.
Why don't developers do Urban Infill? We already have schools, roads and infrastructure in the urban core.
The developers know that it is easier to build on a clean piece of land, rather than deal with demolition and clearing of property. Did I forget to say it was cheaper, too? So, the push to move the UDB becomes a business for some attorneys and life goal for the developers.
As long as the commissioners will approve the Community Development Districts there is no reason to seek to work where the roads are already.
A CDD is a special taxing district created to pass on road and sewer improvement costs to a new community's homeowners. This was a particular nightmare in Waterstone in Homestead. People lost their homes when the CDD tax assessment popped up on their tax bills and doubled their mortgages.
Bad Karma. :-(
where is waterstone i want to look up their tax bills and compare.
great article Genius--the Herald does not print this info.
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