Preview:
The new owner of the Pines Trailer Park has spoken.
Louis Najmy of the Najmy Thompson law firm released a statement on Sept. 8 on behalf of island developer and businessman Shawn Kaleta regarding the purchase of the mobile home park at 103 Church Ave., Bradenton Beach.
The announcement was much-anticipated — and the owner highly speculated — since the announcement in January that the park owners intended to sell.
The statement read: “Prime Vacations, founded, built, and run by local entrepreneur, Shawn Kaleta, is proud to announce it has orchestrated the purchase of Pines Trailer Park, one of the most unique island waterfront parks in...
Read MoreOur thoughts on this story:
This group paid $16 million for less than three acres. Do you seriously think this is going to stay a mobile home park? I will bet $100 that there is something entirely different on top of this land by the end of the decade (which is about how long it may take to get the necessary permits and approvals to build something else on this land). If you assume a density of 12 units per acre, that would be like spending $450,000 per lot. Not sure how that computes except as a development site.