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New developments in PCB?

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"the state will shield Central Fl from gambling ..."

I wouldn't bet the farm on that statement. If I read the draft compact correctly, I think it more likely that the Seminoles are eyeing land from coast to coast in Florida and all points in between.
 
grace said:
The latest rumor is that Harrah's has purchased the Signal Hill Golf Club in Panama City Beach, word is that they are also looking at purchasing Laketown Wharf, a very large new condominium adjacent to the golf course. This is interesting and if true would be bigger news than the new International Airport.

Here is a story that I found while investigating....

http://www.casinogamblingweb.com/gambling-news/casino-gambling/gambling_operators_in_florida_betting_on_republicans_with_donations_47627.html


Golf, gambling, sun & sand..... what more could a girl ask for?
Click to expand...


First it was make it thru the hurricane season with no major storm and the market will turn. Next the PCB realtors said as soon as we break ground on the new PCB airport the market will take off. Yet prices continue to fall daily.

Now some are latching onto gambling as the new savior with casinos going into all the conference centers in the larger condo buildings ( like Laketown Wharf).

I think this is another pipe dream. It does not fit the model of any casino developments as casinos are now being built on huge scales (see Biloxi) to compete. If casinos do come to PCB they will be inland where they can be built on massive scales with their own attached hotels.

JMHO,
Flyguy
 
flyguy said:
First it was make it thru the hurricane season with no major storm and the market will turn. Next the PCB realtors said as soon as we break ground on the new PCB airport the market will take off. Yet prices continue to fall daily.

Now some are latching onto gambling as the new savior with casinos going into all the conference centers in the larger condo buildings ( like Laketown Wharf).

I think this is another pipe dream. It does not fit the model of any casino developments as casinos are now being built on huge scales (see Biloxi) to compete. If casinos do come to PCB they will be inland where they can be built on massive scales with their own attached hotels.

JMHO,
Flyguy
Click to expand...

This is neither here nor there, but when I saw Laketown Wharf for the first time last week all I could think of was how much it looked like a huge ugly casino hotel. :eek:
 
flyguy said:
First it was make it thru the hurricane season with no major storm and the market will turn. Next the PCB realtors said as soon as we break ground on the new PCB airport the market will take off. Yet prices continue to fall daily.

Now some are latching onto gambling as the new savior with casinos going into all the conference centers in the larger condo buildings ( like Laketown Wharf).

I think this is another pipe dream. It does not fit the model of any casino developments as casinos are now being built on huge scales (see Biloxi) to compete. If casinos do come to PCB they will be inland where they can be built on massive scales with their own attached hotels.

JMHO,
Flyguy
Click to expand...

They're attempting to lure folks into the market by jingling shiny trinkets...it worked before (baby boomers, no more land, real estate only goes up). Problem is, all the folks who are attracted by such drivel have already bought and are now the ones who are trying to dump.


.
 
Lake Town Wharf does look like a casino, ill agree. I personally, as a Realtor and resident of the area don't think that a casino, airport, or anything other than price is going to fix out current market. Fact of the matter is The inventory is way to high and prices have not dropped enough. Stating the obvious I suppose.
 
livingiSoWal said:
Lake Town Wharf does look like a casino, ill agree. I personally, as a Realtor and resident of the area don't think that a casino, airport, or anything other than price is going to fix out current market. Fact of the matter is The inventory is way to high and prices have not dropped enough. Stating the obvious I suppose.
Click to expand...

:clap: Good for you! That's one-in-a-row.

(Although not completely unexpected in view of your affilliation with "Propertyfiresale.com" :cool:)


,
 
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