An article in the March 6th edition of The St. Augustine Record, “Property values rising in St. Johns County” by Peter Guinta, reported a 1.2 percent increase in property values over the last year – the first increase in the past five years.  The article also notes an increase in building permits – a trend that started in 2012 and has continued into 2013.  There were 187 single-family home permits issued in January 2013 and 194 in February putting St. Johns County in the top five counties in the state for single-family home permits.

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Despite taking over two (2) years to complete and costing $3.5 million, the Modification of Development Approvals and Environmental Permitting process experience was not that bad. Involved in the process were St. Johns County (SJC), Northeast Florida Regional Planning Council (NEFRPC) and the State of Florida – Department of Community Affairs (DCA). The DCA also coordinates with other state agencies such as the Florida Department of Transportation (FDOT).

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Comments Off on The History of World Golf Village – Part V Modification of Development Approvals and Environmental Permits “I’m From the Government and I’m Here to Help you!”  

Davidson Cares, the corporate giving program of Davidson Realty and the Davidson Companies, focuses on supporting local St. Johns County public schools in and around the World Golf Village area. Last week, Davidson Cares board members and team visited Mill Creek Elementary, Wards Creek Elementary, Palencia Elementary and Pacetti Bay Middle School to award each winning video from their grant program $1,000 and all other video submissions received $100 towards their needs. Congratulations to all the winners!

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Summer vacation is just around the corner, but planning can be difficult. Where to go, how to get there and of course, the cost! Luckily, Davidson Cares has just launched its new Travel Raffle where you can win $2,500 towards the trip of your dreams. Thinking about taking a trip to Disney or even to visit family? By entering the Davidson Cares Travel Raffle, you have the chance to win airfare, accommodations, and even entertainment for your next family vacation.

Davidson Cares was created to support our local schools including Wards Creek Elementary, Mill Creek Elementary, Palencia Elementary and Pacetti Bay Middle School. The Travel Raffle is a way for everyone to come together and do just that! Tickets are $20 per ticket or 3 for $50 and can be purchased at the Davidson Realty office in the World Golf Village (100 East Town Place 32092).

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Attention World Golf Village neighbors and friends! Davidson Realty, Inc. is holding a free self-defense seminar that you won’t want to miss! Andrew Wooten, International Self Protection Training Expert and President of S.A.F.E. (Safety Awareness Firearms Education) will be presenting a hands-on training at the Davidson Building on January 31st at 7 pm. This presentation is for men and woman alike, so mark your calendars!

Andrew’s step-by-step, hands-on training gives you the techniques you need to protect yourself in a variety of situations.  He will give great safety tips, so you feel more in control and are aware of your surroundings at all times. He also has great advice on identity theft and securing your home.

Andrew is the Safety Advisor of the National Association of REALTORS and an expert in the fields of safety and security (as well as crime and loss prevention). He’s also an accredited multi-blackbelt in Judo, Jiu-jitsu, Taekwondo and Aikido. He is an internationally known author, trainer and speaker who has completed more than 6,000 trainings worldwide.

More information on this free self-defense training, please visit www.davidsonrealtyinc.com or call Peyton at 904-940-5000.

 
 
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As previously indicated, there were 1,300 acres of land that had been included in the project approval process, but not acquired by the investors. Since almost 100% of the property to be acquired was adjoining the proposed interchange, the land acquisitions required for development also included  acreage to construct the new interchange. A clover-leaf design interchange needs approximately 100 acres to be constructed and would encompass 80± acres upon completion. Once the ownerships were determined and title issues identified, the acquisition effort began. All of the land owners were well aware of the “increased” value of their property as permitted. It is clearly an understatement to say that it was unfortunate that the land was not put under contract prior to being permitted. Previously discussed verbal understandings of value didn’t mean much once the permits were issued. As such, the negotiations were extremely difficult. Fortunately many of the landowners had substantial additional acreage in proximity to the required acquisition acreage. Therefore, it was clearly in their best interest to see the project built for their future land values. Acreage acquisitions were as small as 7.1 acres up to over 1,000 acres.

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Comments Off on The History of World Golf Village – Part IV “Let the fun begin…Land Acquisitions” by Developer Jim Davidson  

A month after our meeting in New York we met with the investors in Memphis to present our findings and recommendations. Since our previous meeting, we had completed an extensive review of the following project files:

  1. Land ownership maps for the approved project acreage not previously contracted for or purchased by the investors. Included correspondence files covering previously held discussions between the investors and the land owners.
  2. Application for Development Approval (ADA)
  3. Final Development Order for the Development of Regional Impact (DRI)
  4. Interchange Justification Report
  5. Environmental Impact Report prepared by the project environmental consultants

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The newly enhanced www.WorldGolfRealEstate.com website features many upgrades, including better navigation and an updated look-and-feel to promote our award-winning master planned golf community. The site boasts an advanced property search and up-to-date listing of featured homes, as well as easy-to-find information about community businesses, local amenities and services, schools, and events via an online blog and community calendar.

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CNN is another in a long line of media outlets to name St. Augustine one of the best places to retire.  In October, CNNMoney listed St. Augustine as one of “25 Best Places to Retire” in a list that also included Winston-Salem, NC, Austin, TX, Tucson, AZ, and Louisville, KY.  St. Augustine was the only Florida city to make the cut.

The article highlighted “St. Augustine’s fantastic weather, beautiful beaches, and world-class golf” as well as its “active year-round community,” housing options and Flagler Hospital.  In recent years, SmartMoney listed St. Augustine as one of nine “Best New Places to Retire,” Wall Street Journal’s MarketWatch listed St. Augustine as one of the “10 Best Places to Retire in the U.S,” and Bloomberg Businessweek listed St. Augustine as one of “America’s Best Affordable Places to Retire.”

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Conceptually, the St. Johns’ Harbour project, as approved had, few attributes. Fortunately, the project did have significant exposure to I-95 and the granted approvals preceded the implementation of the 1985 Growth Management Act/Concurrency in St. Johns County, which implied the project would be vested from this yet to be implemented law. Finding a way to capitalize on these two project “attributes” was going to be the key to meeting the investor’s goals and objectives.

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