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Now browsing: Hometown News > Business & Finance > Volusia County

Rebuilding will be the word for 2013
Rating: 2.63 / 5 (51 votes)  
Posted: 2012 Nov 02 - 00:01

 

 

By Cecil G. Brumley

 

 

It's definitely looking like 2013 will be a year of rebuilding in Volusia County - literally.

The latest big reconstruction project to show up is the Publix at Westport Square in Port Orange. The supermarket and the three spaces to the west will be demolished and a 49,500-square-foot Publix will be built, giving according to plans submitted to the city, it about 9,000 square feet more space. It will be similar to the rebuilding of the Publix at Dunlawton Square in Port Orange. This time the Westport shoppers probably will go there or the Publix on Beville Road in Daytona Beach. Would seem like a good time for someone to snap up the former Food Lion at the Groves in Port Orange and get another supermarket going there.

Also, Sunoco is adding to its projects, planning to tear down the station at Bellevue Avenue and Nova Road in Daytona Beach and build a new c-store/gas station. That's besides the three rebuilding projects Sunoco already has underway in Ormond Beach.

 

Add that to the restaurant project that CBL & Associates plans at the Ramada Inn Speedway, which entails tearing down the motel and putting up buildings for Bahama Breeze and Olive Garden, and the rebuilding projects are starting to pile up, pardon the pun.

If the two big resort projects proposed for the beachside in Daytona get underway in 2013, not to mention the BJ's club and fitness center at Altamira Village in Port Orange, commercial construction will be big for the year, especially if more projects show up in Southeast and West Volusia.

 

 

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CBL & Associates also has another project at The Pavilion at Port Orange. I mentioned it previously, but Firestone has now submitted plans to the city for a store there. Add that to the Chuck E. Cheese and the Pavilion will continue to have a lot of activity.

 

 

***

While we're on the subject of building, the latest home building figures from the Census Bureau showed continued growth in Volusia County with 55 single-family homes started in September compared to 46 in September 2011. The unexpected leader was New Smyrna Beach with 13, compared to just three last year. Port Orange remained strong at 12, compared to three. Daytona Beach fell well off with just three after nine last year. DeLand remained about the same with 9 compared to 10 last year and the unincorporated area of Volusia had eight, compared to seven last year. Based on building permits issued in October, housing starts bounced back in Daytona Beach with KB Homes revving things up. But the good news is the steady improvements. Instead of a bubble, we've got good sustainable growth.

 

 

***

Growth also continued in retail sales, according to the latest statistics from the state Department of Revenue. Taxable retail sales in Volusia in August were at $470.88 million, up 5.89 percent from $444.69 million in August 2011. Just about all sectors were up except book sales and utilities. While there's a joke in that about personal habits, I'm not going there.

 

 

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How big is Halloween in Central Florida? Big enough that Halloween Megastores, with 21 locations in Florida, has rented a 10,000-square-foot warehouse in the Holly Hill Business Park for off-season storage. Ron Frederick and Buddy Budiansky of Prudential Commercial Real Estate FL negotiated the lease deal.

 

 

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Winston James Development also got a new lease deal, providing 1,576 square feet for General Realty Corp. at the Beville Road Business Center in South Daytona. That gives General Realty an additional 525 square feet for its operation of managing KOA Campgrounds it owns throughout Florida, according to Jamie Adley of Winston James.

 

 

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The Alliance Community for Retirement Living wants to build an 18,000-square-foot assisted living facility in DeLand. The company has submitted plans to the city for the site at South Woodland Boulevard and West Horton Avenue.

 

 

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The Publix-anchored New Smyrna Beach Regional Shopping Center is getting a Pet Supermarket. The shopping center owner has gotten a building permit for building out a vacant space for the store, Pet Supermarket's fourth in Volusia.

 

 

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Area real estate investor B.P. Sodhi got a great deal on the Days Inn hotel complex 2900 W. International Speedway Blvd. in Daytona Beach. With adjacent vacant land and a separate restaurant/convenience store building, the property was valued at more than $3 million, but Sodhi paid the bankruptcy receiver for Vinod & Sons just $2 million for it.

 

 

Associated Manager Editor Cecil G. Brumley has been tracking business in Volusia County for more than 15 years. Contact him at cbrumley@hometownnewsol.com or follow him on Twitter @cecilbrumley.




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