You know Latitude Margaritaville and Mosaic, which have already added more than 2,000 homes on the western horizon of Daytona Beach.
You know about Avalon Park, and I’ve also written recently about Hunter’s Green, which could add thousands more.
Now add Trevista to your lexicon of rampant development on the outskirts of Daytona Beach.
Kolter Homes has submitted plans to the city for the project in the southwest quadrant of Interstates 4 and 95, showing 610 single-family lots, 250 townhouses and 800 multi-family apartments for a possible total of 1,660 residences. There also are 5.22 acres for amenities for the residents, 5.5 acres for neighborhood commercial and 28.6 acres for mixed use.
Delray Beach-based Kolter did not respond to an email about the project.
However, Dennis Mrozek, Daytona Beach Planning Director, stated the planned district rezoning application has been submitted to his staff for review and the review process with the Technical Review Team has begun. After some back and forth between the planning department and the developer, it will eventually go before the Planning Board and then the City Commission.
“The time of the entire process can vary, but I would estimate this process to take between five and six months,” Mr. Mrozek stated.
One of the big items for the development will be extending water and sewer service across I-95 from the Andros Isles apartments. But once that happens, you can bet the land south of Kolter’s project suddenly comes into play.
Kolter has been building in Volusia County for a while, so the folks there know the territory and probably are aware of the market for their project. The result is Daytona Beach is going to become an even larger city.
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A couple of big industrial projects to keep an eye on, one of which probably will be for warehouse distribution. USAA Real Estate of San Antonio starting construction on a nearly 1 million-square-foot industrial building on Normandy Boulevard in Deltona. Illinois-based Karis Capital has filed plans with the city for a two-building industrial property on land next to Daytona Beach Racing & Card Club. The plans show a 723,000-square-foot and 217,000-square-foot buildings. We probably won’t find out what those are for until the project goes before the Planning Board or City Commission.
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Commercial real estate activity has slowed a bit, but two recent transactions include D.R. Horton buying more of the Courtland Park development in Deltona for $5.97 million. A Hollywood Beach investor bought the Starbucks property on Third Avenue in New Smyrna Beach for $3.75 million.
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Lennar Homes will be the builder in Riverfront Estates on the south side of Jones Fish Camp Road in Edgewater with 140 houses and townhouses. Permitting continuing for Glenwood Pines, an 83-lot residential subdivision on Grand Avenue just north of State Road 44.
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Construction is starting on a self-storage facility across from Crane Lakes on Taylor Road in Port Orange. A local businessman is creating Visions Lounge & Restaurant at 282 N. Nova Road at Daytona Mall in Daytona Beach.
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On a final note, Bed tax collections in Volusia County were up 76.77% in December from December 2020. The mix of increased occupancy and inflation continued. The Daytona Beach Area Convention & Visitors Bureau reported hotel occupancy in its area increased 33.9% to 51.5%, compared to 38.5% in December 2020. The hotel average daily rate increased 29.4% to $119.69, compared to $92.51 in December 2020.
Managing Editor Cecil G. Brumley has been tracking business and the economy in Volusia County for more than 25 years. Contact him at [email protected] (no hyphens) or follow him on Twitter @cecilbrumley.
