Park to be sold to Murex/Carlyle Group. Vote to sell wins by a large shareholder majority on 4/29/21.

Tropicana Park.  Sunshine on our shoulder.   Paul Goldfinger photograph. ©

 

There are still a few steps to get by, but the Park will likely be sold by August, and then new management  (Murex) will take over.  This notice posted 9 am  4/30/21.  More details below.  Don’t depend on Facebook for information

You can comment by sending us an email to Blogfinger@verizon.net or by clicking on comments below.  And if you have news that you want to share in the Park, please email us at the email above.

 

 

—Paul and Eileen Goldfinger.    BlogfingerForum.com

 

 

 

NEW MESSAGE FROM TROPICANA CO-OP ARRIVES  TODAY  (4/30)  BY EMAIL–We don’t know who is on this email list, so here is the message below, and it is a very valuable one, arriving at  12:08 pm  4/30/21.  The peculiar text layout is the way it was sent:

 

Key Impacts to Residents as a result of the sale of Tropicana Co-op

Key Impacts to Residents

• Lifetime Lease with 3% annual increase on base rent for all current residents

• 55+ Community for 20 years

• $4,000,000 capital improvements over 3 years

• Local Management company

• HOA / Social Club will receive $100,000

• $1,750 per resident for exterior home improvements (Siding, Paint, Landscaping etc.)

• Same Rules and Regulations

• Current staffing remains in place

Potential Improvements

· CLUBHOUSE & POOL

· Modernize clubhouse interior

· New furniture and commercial-grade appliances

· Update pool furniture

· Expand pool deck

· Enhance landscaping

· OUTDOOR ACTIVITIES

· Expand and resurfaced shuffleboard courts

· Add Outdoor event space

· Add bocce ball

· Improve existing shade structures

· Enhance picnic area

· New professional pickleball courts

· Improve shade structures

· Modernize pool deck

· Upgrade lounge seating and tables

· Enhance landscaping and lighting

· Expand picnic area

· Commercial-grade outdoor kitchen and fire pits

· ADDITIONAL COMMUNITY ENHANCEMENTS

· Install modern monument entrance sign with landscaping and lighting

· New interior community signage

· Fenced dog park with benches, fencing, and full shade structures

· Updated pool furniture featuring lounge seating, tables, and umbrellas

· Modernize and repair existing sports courts including new shade structures

· Upgraded landscaping, with a focus on key locations (e.g. entrance, clubhouse, amenities, etc.)

· Add area shutoff valves to water system

· Improve John Morris Road Gate

· Upgrade maintenance area, garage, and increase size of storage space

· Complete fencing project undertaken by community

· Update street lighting