Post by Sharon Faulkner on Mar 12, 2006 11:44:24 GMT -5
Although this article does not mention the name of the cave, some of you may remember reading about this issue in late 2004 or in 2005. The cave, Brooksville Ridge Cave, is located on the property in question.
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Partner pulls out of World Woods
By DAN DeWITT, Times Staff Writer
Published March 9, 2006
BROOKSVILLE - Kitson & Partners LLC has pulled out of a deal to develop a resort and subdivision around World Woods Golf Club, making it the second developer to abandon plans for the property in the past year.
Don Lacey, vice president of Coastal Engineering Associates of Brooksville, confirmed that Kitson of West Palm Beach had withdrawn its offer to buy and develop the land.
"It's true," said Lacey, who helped develop plans for the project: 1,680 resort and residential units on land surrounding the golf club's two acclaimed courses.
Officials from both World Woods and Kitson were unavailable to comment Wednesday.
World Woods originally had the right only to build a 660-unit resort next to the courses, which were constructed in the early 1990s.
WCI Communities Inc. of Lee County first pushed for a change to the county's comprehensive plan that would allow the larger development in late 2004. The company later withdrew, partly because of uncertainty about a cave on the property that its discoverers claimed is one of the most spectacular in the Southeast.
That issue has since been largely resolved, with World Woods producing a map showing the cave covers about 4 acres - far less than the explorers claimed. It also indicated the cave has few formations, which the cavers vehemently disputed.
Any new development company would have to make plans to protect the cave, said Jerry Greif, the county's chief planner; it would also have to go through a process required for approval of any subdivision with more than 1,000 houses, called a "development of regional impact."
But the county and state have approved the change to the comprehensive plan, meaning the property has cleared the largest potential obstacle for development.
"The stage is set," Greif said.
Kitson had promised to honor WCI's original promise to protect the cave and to donate land for a school and contribute to construction costs.
Last year, the company made news when it made a deal with the state to sell about three-fourths of the 92,000-acre Babcock Ranch in Lee and Charlotte counties for $350-million. The company, which operates about 25 golf communities across the state, plans to develop the remaining 18,000 acres of ranch land with a city that has a projected population of 50,000.
Dan DeWitt can be reached at 352 754-6116 or dewitt@sptimes.com
www.sptimes.com/2006/03/09/Hernando/Partner_pulls_out_of_.shtml
--------------------------------------
Partner pulls out of World Woods
By DAN DeWITT, Times Staff Writer
Published March 9, 2006
BROOKSVILLE - Kitson & Partners LLC has pulled out of a deal to develop a resort and subdivision around World Woods Golf Club, making it the second developer to abandon plans for the property in the past year.
Don Lacey, vice president of Coastal Engineering Associates of Brooksville, confirmed that Kitson of West Palm Beach had withdrawn its offer to buy and develop the land.
"It's true," said Lacey, who helped develop plans for the project: 1,680 resort and residential units on land surrounding the golf club's two acclaimed courses.
Officials from both World Woods and Kitson were unavailable to comment Wednesday.
World Woods originally had the right only to build a 660-unit resort next to the courses, which were constructed in the early 1990s.
WCI Communities Inc. of Lee County first pushed for a change to the county's comprehensive plan that would allow the larger development in late 2004. The company later withdrew, partly because of uncertainty about a cave on the property that its discoverers claimed is one of the most spectacular in the Southeast.
That issue has since been largely resolved, with World Woods producing a map showing the cave covers about 4 acres - far less than the explorers claimed. It also indicated the cave has few formations, which the cavers vehemently disputed.
Any new development company would have to make plans to protect the cave, said Jerry Greif, the county's chief planner; it would also have to go through a process required for approval of any subdivision with more than 1,000 houses, called a "development of regional impact."
But the county and state have approved the change to the comprehensive plan, meaning the property has cleared the largest potential obstacle for development.
"The stage is set," Greif said.
Kitson had promised to honor WCI's original promise to protect the cave and to donate land for a school and contribute to construction costs.
Last year, the company made news when it made a deal with the state to sell about three-fourths of the 92,000-acre Babcock Ranch in Lee and Charlotte counties for $350-million. The company, which operates about 25 golf communities across the state, plans to develop the remaining 18,000 acres of ranch land with a city that has a projected population of 50,000.
Dan DeWitt can be reached at 352 754-6116 or dewitt@sptimes.com
www.sptimes.com/2006/03/09/Hernando/Partner_pulls_out_of_.shtml