Wednesday, July 30, 2008

Unfinished Developments Dot The Landscape In SW Florida

In Lee County, Florida, The News Press reports:
  • [W]elcome to life at the half-builts, the many projects large and small that sit largely vacant and partly completed - left high and dry when the housing market tide went out. [...] There are no exact statistics on how many such developments there are in Lee County, but "you're not talking about a few units,'' according to commercial real estate broker Jim Simon. "It's in the thousands," he said.

For more, see Local communities sit half-built, fully troubled (Residents, builders alike left empty).

Go here for photo gallery of half-built communities.