Avalon Park Daytona poised to break ground for 1,600 homes, retail space later this year

First phase to bring 1,600 homes, commercial development to area west of I-95

DAYTONA BEACH — Orlando developer Beat Kahli confirmed plans to break ground on the first phase of his massive Avalon Park Daytona Beach development here in the second half of this year.

The native of Switzerland also expects to soon complete his purchase of 6,200 acres of timberland on the other side of Tiger Bay State Forest for his development. He hopes to build a 300-megawatt solar farm, pending regulatory approval.

The initial phase of Avalon Park Daytona Beach will bring more than 1,600 homes and 90,000 square feet of commercial space to an area along the south side of State Road 40/West Granada Boulevard roughly a mile west of Interstate 95.

A number of area residents have raised concerns about the enormous size of the planned Avalon Park Daytona Beach development. But consider this:

The commercial space in the initial phase will be less than double the size of the 53,000-square-foot mega Buc-ee’s convenience store that opened March 22 four miles to the south, next to the I-95/LPGA Boulevard interchange.

Upon full build out, however, the 3,000-acre Avalon Park Daytona Beach development is slated to have 10,000 homes, townhouses and apartments and 1 million square feet of commercial space. The latter would be nearly the size of Volusia Mall.

Kahli said it likely will take at least 20 years to get to that point.

“Look at how long it took for Avalon Park Orlando,” he said. “We moved in the first homeowners in the summer of 1999. It took us five to six years to have the core of the town and more than 20 to finish it. I always like to grow organically. It’s not a sprint, it’s a marathon.”

To view the full article click here

Amazon opens ‘last-mile delivery station’ in Daytona

Amazon opens a ‘last-mile delivery station’ in Daytona that creates 100+ jobs and allows the e-commerce giant to offer same-day delivery locally.

DAYTONA BEACH — The highly anticipated Amazon last-mile delivery station here officially opened for business on Wednesday.

A sign next to the entrance to the office of the e-commerce giant’s new distribution facility on Mason Avenue, just east of Interstate 95, greeted new employees with the printed message: “Welcome Amazonians. It’s still day one! Are you ready to make a difference?”

Harland Harrington, operations manager for the 66,000-square-foot facility, declined to answer questions but said, “Yes,” when asked to confirm whether the facility was opening on Wednesday.

Dozens of delivery vans, including several dark blue ones bearing the Seattle-based e-commerce giant’s Amazon Prime logo, could be seen in the complex’s parking lot as well as under the covered loading dock.

Shone Jemmott, a Seattle-based spokeswoman for Amazon, said in an interview earlier this year that the Daytona Beach last-mile delivery station would create “hundreds of job opportunities.”

“Amazon’s new Delivery Station in Daytona Beach is officially open for business,” Jemmott wrote in an email Wednesday night.

Robin King, CEO of CareerSource Flagler Volusia, confirmed that the regional workforce development agency recently began working with two staffing firms to fill more than 100 positions at Amazon’s new Daytona Beach facility.

Click here to view the full article

Rooms To Go ‘prototype’ store coming to Daytona

Furniture retailer Rooms To Go plans to build a ‘prototype’ store in Daytona. The 3-in-1 store would replace and be triple the size of the chain’s existing store on ISB.

DAYTONA BEACH — The trend of retailers vacating older stores for new ones continues in Daytona Beach.

Rooms To Go, one of the nation’s largest furniture retailers, plans to build one of its first new-format “prototype” stores here.

The store will be along Interstate 95 at Tomoka Town Center and is expected to replace the chain’s smaller existing store directly three miles to the south at the intersection of Williamson and West International Speedway boulevards.

“Rooms To Go has the site under contract,” confirmed Jeff Preston, managing partner of North American Development Group, developer of the 400,000-square-foot Tomoka Town Center “power lifestyle” shopping complex.

The five-acre site is between the new Sam’s Club store that opened in July to the north and the Tanger Outlets mall to the south that opened in November 2016.

At 55,400 square feet, the Rooms To Go prototype store will be more than three times the size of the chain’s longtime existing 16,880-square-foot store on ISB, said Peter Weitzman, a vice president with the Hillsborough County-based furniture retail chain.

“It’s going to be one of the largest we’ve ever built,” he said, adding, “We’re thrilled. We love Daytona. It’s been a good market for us.”

The prototype store will actually be a three-in-one location for the chain, with separate store fronts for its Rooms To Go, Rooms To Go Kids and Rooms To Go (outdoor furniture) Patio stores.

Most of the chain’s stores are currently around 40,000 square feet in size, Weitzman said. The existing Daytona store was much smaller because it was one of the first for the chain, which was founded in 1991.

The prototype store is expected to open in either early or mid-2021 and will employ more than 50 workers. The store on ISB, which will close once the prototype store opens, currently employs 27 workers.

Seffner-based Rooms To Go, whose headquarters is just east of Tampa, opened its Daytona Beach store at 2375 W. International Speedway Blvd. in 1993, according to Volusia County property records.

Weitzman said his company will either lease the old store to another business or sell it.

The retail chain recently announced plans to open five prototype stores, one each in Daytona Beach, Tampa and Atlanta, and two in Orlando.

Click here to view the fill article

Daytona Buc-ee’s to break ground Sept. 16

The wait is over. Buc-ee’s is finally set to break ground in Daytona on Monday. The mega gas station and supermarket-sized convenience store will be the largest in Florida.

DAYTONA BEACH —Turns out, the wait won’t be as long as expected: Buc-ee’s will break ground here Monday for what could be the largest gas station/convenience store in Florida.

A ceremony to mark the start of construction for the planned 120-fueling position gas station and 53,000-square-foot travel convenience center will take place at 10 a.m. on the northeast corner of the Interstate 95/LPGA Boulevard interchange in Daytona Beach.

The announcement comes after Buc-ee’s spokesman Jeff Nadalo acknowledged in an interview in late July that the project might not break ground until the summer of 2021 because of delays in obtaining the necessary permits from the city.

“Sometimes things come in sooner than expected,” said Nadalo in a phone interview Tuesday. “We just got all the necessary permits and approvals.”

The Daytona Beach location will be the first to break ground in Florida for the chain, which also plans to add stores in St. Augustine, in the World Golf Village area, Fort Myers and Ocala.

The 53,000-square-foot Buc-ee’s “travel convenience center” and 120-fueling position gas station is expected to open in early 2021 and will include a car wash as well as room on the 35-acre property for other stores and/or restaurants.

Buc-ee’s first announced its plans to build a store in Daytona Beach in April 2017, saying at the that it expected it to open in 2018 as the chain’s first location outside of Texas.

Click here to view the full article

Future looks bright for Daytona sunglass maker Costa; new HQ set to open next year

The future looks bright for Daytona sunglass maker Costa. As sales grow, the company is getting set to expand its operations with the opening of a new HQ next year.

DAYTONA BEACH — Ray Ferguson died in June at age 82, but Costa Del Mar, the sunglass company he founded in 1983, continues to grow.

Today, the company is one of the world’s largest makers of sunglasses and employs approximately 350 workers here.

After having grown its operations here in 2016 by adding a distribution center in the former auto parts plant across the street from its headquarters on Mason Avenue, the company is looking to expand yet again.

Local developer Mike Cotton, whose Center Point Business Park at 2361 Mason Ave. currently serves as the headquarters for Costa, is constructing a new 44,000-square-foot building down the street.

That building, going up at the corner of Dunn and Mason avenues, is set to become the new headquarters for Costa Del Mar in the fall of next year.

Costa will continue to lease space in the two buildings it currently occupies at Center Point, converting its present corporate offices into additional manufacturing facilities

“We’re on a very good growth trajectory,” said Michelle Crockett, the company’s vice president of operations. “We do everything from marketing to sales, manufacturing and distribution.

Click here to view the full article

B.Braun set to further expand Daytona Beach plant: German medical products maker to invest $100 million, create another 100 jobs

B.Braun set to further expand Daytona Beach manufacturing plant: German medical products maker to invest $100 million, create another 100 jobs

DAYTONA BEACH — German medical products maker B.Braun has decided to further expand its manufacturing plant here but is waiting until this fall to formally announce it.

That isn’t stopping the company from making plans to celebrate and inviting the Daytona Beach City Commission to take part.

“If you have your calendars with you and could mark September the 12th, the entire B.Braun board will be here including their newly appointed chair, Anne Maria Braun,” Kent Sharples, president of the CEO Business Alliance told Daytona Beach commissioners at their meeting Wednesday.

“They’re (coming) because of their appreciative reception from the city and would like to entertain the entire city commission at lunch,” said Sharples, whose group of local private-sector business leaders was involved in recruiting B.Braun to come to Daytona Beach where it took over and is in the process of completing an initial 54,000-square-foot expansion the former Gambro manufacturing plant at 1845 Mason Ave. and last year opened a new 399,000-square-foot distribution center two miles to the north on Clyde Morris Boulevard.

The company’s capital investment in its facilities in Daytona Beach have totaled $250 million so far and was accompanied by a pledge to create at least 175 new jobs at its now-214,000-square-foot plant and 30 new jobs at its distribution center.

Click here to view the full article

Crabby’s Oceanside restaurant to replace Cocina 214 in Daytona

Crabby’s Oceanside eatery to take over soon to be former Cocina 214 restaurant in Daytona Beach on an oceanfront Consolidated-Tomoka owned property that’s also home to LandShark Bar & Grill. Operators of new restaurant also own several Crabby’s restaurants in Clearwater-St. Petersburg area as well as St. Cloud.

DAYTONA BEACH — The operators of several restaurants in the Clearwater-St. Petersburg area have agreed to take over the soon-to-be former oceanfront Cocina 214 building here where they will open a new eatery called Crabby’s Oceanside.

The new restaurant at 451 S. Atlantic Ave. in Daytona Beach will feature fresh local seafood.

The new restaurant operator is a St. Petersburg-based company called Beachside Hospitality Group that currently runs seven eateries, mostly on Florida’s west coast: Crabby’s Dockside, Crabby’s Bar & Grill, The Salty Crab Bar & Grill and Salty’s Island Bar & Grille in Clearwater Beach, Crabby’s Beachside Bites at Tropicana Field Stadium in St. Petersburg, The Salty Crab Bar & Grill in Fort Myers and Crabby Bill’s in St. Cloud.

The company also plans to open a Crabby’s Dockside restaurant in Fort Pierce in April 2020.

Beachside Hospitality Group will take over the lease for the standalone Cocina 214 Tex-Mex restaurant here on Aug. 4. The new eatery is next door to LandShark Bar & Grille, just north of Sunsplash Park and the Volusia County Lifeguards Headquarters. The landlord for the two side-by-side restaurants is Daytona Beach-based Consolidated-Tomoka Land Co.

“Our goal is to hold on to as many current Cocina 214 employees as we can,” said Jason Zelenak, who will serve as acting managing partner for Crabby’s Oceanside. “We want to make this transition over to Crabby’s Oceanside as quickly as we can.”

To view the article click here

Developers step up apartment projects in Volusia, Flagler counties amid growing housing shortage

With the population continuing to grow in both Volusia and Flagler counties, developers are stepping up construction of new apartment communities here.

Projects already underway including the first new apartments to be built in Palm Coast in five years and 1,800 new units in Volusia County.

“There’s a big demand for apartments in the Daytona Beach area right now,” said Luke Wickham, senior vice president of multihousing investment properties at the Orlando office of commercial real estate brokerage CBRE.

“Daytona Beach has really improved and stepped up its game,” he said, adding that the increase in employment opportunities and addition of new entertainment/retail amenities such as One Daytona, Tanger Outlets and Tomoka Town Center are adding to the area’s appeal.

“Historically, Daytona Beach has been a blue-collar/Walmart type of economy, but that’s really changing with the new headquarters for Brown & Brown going up in downtown Daytona Beach, the new Amazon (last-mile delivery station) facility and the hospitals expanding,” he said.

In the past two-and-a-half years, Volusia County has seen the completion of new apartment complexes that have added 900 units, more than twice the number added the previous four years, according to CBRE data.

Developers are expected to add another 588 new apartment units in the county by year’s end, according to the report.

Apartment projects currently under construction include the 301-unit 500/East Apartments on LPGA Boulevard, east of Clyde Morris Boulevard that is expected to welcome its first residents in November, the 282-unit Icon One Daytona apartments that are expected to welcome its first residents in October, and the 292-unit Springs at Port Orange complex going up on the northwest corner of Summer Trees Road and South Williamson Boulevard, across from The Pavilion at Port Orange shopping center, that’s also expected to have some units available for occupancy by year’s end.

Click here to view the full article

Daytona’s LPGA golf courses to be sold, buyer wants women’s tour event

DAYTONA BEACH — A U.S. subsidiary of a Chinese conglomerate has agreed to buy the golf courses at LPGA International, pledging to bring the courses up to their “full potential.”

The pending $3.6 million purchase by Gilbert, Arizona-based C-Bons International Golf Group Inc. is contingent on approval by the Daytona Beach City Commission on Wednesday of an amendment to the 657-acre LPGA Golf Club property’s master agreement between the city and current owner Consolidated-Tomoka Land Co.

The proposed sales price is 2.4 times as much as the $1.5 million Consolidated-Tomoka paid the city in early 2017.

The proposed amendment includes a promise by CBIGG, as the buyer is also known, to keep the two 18-hole courses at LPGA in “tournament-ready condition” and a guarantee to provide the Ladies Professional Golf Association — whose headquarters is located at LPGA International — with up to 30 days a year of free use of both courses as well as practice facilities.

If “tournament ready” isn’t clear enough, the agreement also spells out that the facilities will have be maintained “in at least the same or better manner as other local private golf courses such as Oceanside Golf and Country Club in Ormond Beach.”

Rumors of a potential sale have been circulating throughout the community for months. Teresa Smith, an LPGA International resident and member of the golf club, called them “unnerving” but was encouraged after being told the terms of the deal.

“If what you just said is true, they (LPGA residents and club members) would be ecstatic,” Smith said. “All that would be music to people’s ears. In the absence of information, a vacuum is created and people fill that with rumors and fear.”

Click here to view the full article

Winter Park firm buys 72 acres ‘every developer in town’ wanted

Jack Witthaus
Staff Writer
Orlando Business Journal

A Central Florida developer just bought land that real estate executives had been courting for decades, setting up a major commercial development near the Orlando International Airport.

Winter Park-based Whitley Capital LLC acquired the 72 acres in late June for $12.2 million, or roughly $169,444 an acre, at Taft Vineland Road and Orange Avenue, according to the parties involved in the deal. The developer plans to start construction in mid-2020 on three speculative industrial buildings totaling roughly 830,000 square feet. Construction may wrap up in 2021.

The deed hasn’t been recorded in Orange County.

Daytona Beach-based Consolidated-Tomoka Land Co. (NYSE Amex: CTO) supplied an $8 million loan as part of the transaction. The seller, Cone Betty S Estate, was represented by JLL’s Bret Felberg, senior vice president of capital markets; Josh Lipoff, executive vice president; and Jeff Morris, managing director.

Developers for years had eyed the site, including prominent industrial real estate company West Palm Beach-based McCraney Property Co. The developer planned to build 977,200 square feet of rail-served, industrial and warehouse space on the site at 88 Taft Vineland Road.

The land’s size and proximity to the airport made it desirable, according to real estate experts. “Every single developer in town was after that land,” said Bo Bradford, co-president of Lee & Associates Central Florida, who wasn’t involved in the deal.

Meanwhile, Central Florida’s overall growth in recent years has been driving industrial demand, including for warehouses, distribution centers and manufacturing plants. In addition, industrial already is a hot sector in Central Florida, mostly because of the e-commerce boom led by Seattle-based giant Inc. (Nasdaq: AMZN). Retailers want distribution centers closer to their customers so they can deliver products faster, which is why new users are lining up for space.

High demand has caused a surge in rental prices. Central Florida’s average industrial rent in secondquarter 2019 is $7.20 per square foot, up from $6.30 per square foot in second-quarter 2018, Lee & Associates reported.