The Villages Purchases 2,327 Acres on Florida Turnpike for $25,000,000
If you thought The Villages was wrapping up their development ambition or had run out of land, think again. Their recent $25,000,000 acquisition of the former 2,327 acre Bailey Ranch from Maury L Carter and Associates will provide The Villages with land for perhaps another 8,000+new homes. (I haven't seen the site plans, so that's just a guess.) The property runs along the Florida Turnpike for about two miles on the north side at the Okahumpka Service Plaza. A quick gander at all the pastures to the south and it's not too hard for one to think Bigham Hide Co, Bexley Sumter Inc and Wildwood Ranch LLC are already in the cross airs.