--- In [email protected], Rick Archer <[EMAIL PROTECTED]> wrote:
> on 6/6/05 5:44 PM, bbrigante at [EMAIL PROTECTED] wrote:
> 
http://www.bizjournals.com/orlando/stories/2005/06/06/story4.html
> 


> The article says the TMO purchased the land for $11 million. It 
doesn't say
> what they'll sell it for.


**********

Yup. Since the land is apparently no longer under any development 
restrictions (at least at the county level): "Osceola County spokesman 
Don Madden says the county received a telephone inquiry recently about 
the land, asking if a previous Development of Regional Impact (DRI) for 
the land remained in effect. Madden says it does not." -- the TMO may 
see a big payout on this deal. It's also pretty close to Disney World, 
which is why I guess the TMO bought it in the first place, as a source 
of tourists for Vedaland, so an available 450 acres suitable for 
another theme park and condo development should bring in a good price.






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