Petrie's Landing 1 (Phases I-V) | 47/55/61/73/74/103m | 15/16/18/22/22/32f | U/C

[Acajack]

Brigil has very deep pockets and can afford to wait many years for Petrie's Landing to pick up.

The market for this type of development isn't going anywhere but up.

There are still today thousands of empty-nesters in Orleans living in their big single-family houses. I grew up there and most of the parents of people I know are in their mid to late 60s and late 70s and have not yet downsized. Almost all of them will downsize at some point.

And most of them are going to stay in Orleans because that is where their grandkids are.

Brigil bought the land by the river when the gettin' was good. All they have to do is be patient.