Bankrupt TOUSA, the parent company of the home builder that developed Live Oak Preserve, is wrapping up all of its construction projects, selling off its inventory of homes and not planning to build any new ones. ...more

April 1, 2009

Embattled cable company Century Communications is selling its contracts for two New Tampa communities to Bright House Networks. ...more

June 7, 2008

LIVE OAK PRESERVE - Embattled cable company Century Communications is selling its contracts for two New Tampa communities to Bright House Networks. Two weeks after he denied negotiating with Bright House, Century General Manager Bill McKissock confirmed that the cable giant would be the new service provider for Live Oak Preserve and its neighboring town house community, The Hammocks. In his May 23 letter to customers, McKissock wrote that he expected the deal to close "on or about May 31st." But Bright House spokesman Joe Durkin said Monday that the two sides are working out the final details. ...more

June 3, 2008

Bankrupt developer TOUSA has won court approval for a restructuring plan that allows the company to keep paying its employees, selling houses and honoring home warranties. ...more

February 9, 2008

Bankrupt developer TOUSA has won court approval for a restructuring plan that allows the company to keep paying its employees, selling houses and honoring home warranties. TOUSA, the parent company of Engle Homes, filed for Chapter 11 bankruptcy protection Jan. 29. It reported assets of $2.28 billion and debts of about $1.77 billion. The new agreement allows the company to borrow $135 million from Citigroup Global Markets Inc. to pay normal operating expenses. The terms of the agreement allow TOUSA and its subsidiaries to continue building homes, pay off liens and sell the houses free and clear. Home warranties also will be honored. TOUSA subsidiary Engle Homes is the primary developer of Live Oak Preserve, The Hammocks and Tampa Bay Golf & Country Club. ...more

February 7, 2008

Live Oak Preserve developer TOUSA on Tuesday joined a growing list of South Florida homebuilders to file for Chapter 11 restructuring. ...more

January 30, 2008

TOUSA's joint venture with Transeastern Homes could pull the multibillion-dollar home builder into bankruptcy. ...more

November 24, 2007