Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Lake Butler, Small Town - Big Plans
Union County a quiet county in Northeast Florida where one company owns the majority of the land.  This sleepy county has been quiet and laid back over the years.  Mostly composed in agriculture and timber tracts one would think this county will remain untouched by development for years.
But preliminary plans unveiled by Plum Creek this summer suggest change is coming. In meetings with local officials, business owners and residents, the company has rolled out a plan to annex 3,861 acres into the city of Lake Butler, including most of the town's signature lake, as a first step toward a master-planned development.
The Seattle-based company has turned to real estate in recent years to diversify operations in the wake of softening timber prices. While the decline in the U.S. housing market has brought lumber prices down with it, rural land values remain firm, says the company, which expects increasing revenue from its real estate division this year compared to 2006.
Plum Creek's Florida director, Todd Powell, says the company hasn't yet decided whether the Lake Butler project will proceed as a development of regional impact. "But I can tell you that we are so invested in this community, we want to make sure we're ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention