Commercial developments surge in Volusia County

With builders poised to construct the most new homes in Volusia County this year since 2006, commercial developers are also picking up the pace.

Through the first six months of 2018, 127 permits have been issued for new commercial projects in the county, equal to or more than the full-year totals of any year since 2008.

“Everybody’s on a roll right now,” said Dick McNerney, a commercial real estate agent with Adams, Cameron & Co. Realtors. “There’s so much momentum now.”

McNerney recently helped negotiate the sale of 24 acres of wooded property owned by Volusia County Schools to German medical products maker B.Braun for a potential expansion of its manufacturing facilities along Mason Avenue, just west of Bill France Boulevard in Daytona Beach.

He is also assisting the family of the late Joseph Fisher in planning a 100,000-square-foot industrial building on Mason Avenue, just east of the Trader Joe’s distribution center.

The build-to-suit project being developed under the name Tiki Supreme is across the street from the site of two planned industrial buildings, one 251,000 square feet, the other 66,000 square feet, that VanTrust Real Estate is looking to develop.

Other notable commercial developments recently begun include the future headquarters for Security First Insurance, a $30 million 4-story, 136,000-square-foot building that raised its first walls in early August at Ormond Crossings in Ormond Beach, and the first of three planned retail buildings in front of Volusia Mall.

“The countywide commercial new construction permit activity reported for the second quarter of 2018 was, in a word, spectacular,” said Rob Ehrhardt, Volusia County economic development director.

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