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Third Quarter 2006         

 

With DeLand Crossings completed, county sets sights on Tomoka Industrial Park

Volusia County has completed the construction of the 43-acre DeLand Crossings Industrial Park on Interstate 4 near the intersection of S.R. 44.

Finished in just over eight months, the park will contain five manufacturing companies employing what county economic development officials say will be nearly 300 new workers.

The first of these projects will be a 62,000-square-foot production facility owned by NSI Intellitec Products, a manufacturer of specialty vehicle components. Another
specialty company, BBK Performance, will occupy another 65,000-square-foot manufacturing and distribution center.

BBK is a California-based manufacturer of automotive aftermarket products. Both companies are expected to be in operation by mid-2007.

These companies were recruited by the county’s Department of Economic Development. Together, they are expected to generate an estimated $14 million in new capital investment and tax base and provide up to $5.4 million in area wages.

“We are excited about the opportunities that DeLand Crossings has created for our community,” said Rick Michael, director of the county’s Department of Economic
Development. “Constructing DeLand Crossings has given us the opportunity of taking an under-utilized tract of public property and developing it for new tax base and new jobs for our community.”


The county’s Deland Crossings industrial park has a prime location at I-4 and S.R. 44

DeLand Crossings is designed to generate up to $30 million in new capital investment once the final three industrial parcels are developed. Build out of the park is expected by the end of 2008 at which time the center will be generating more than $500,000 a year in new tax revenues.

“This has been a great investment for our community that will help to create and maintain millions of dollars in high waged jobs for our citizens,” said County Council member Dwight Lewis, who represents the DeLand area.

Building on the success of the DeLand Crossings Industrial Park, the county’s Department of Economic Development has partnered with the county’s Solid Waste
Division to focus on the development of another industrial project that will be situated just off Tomoka Farms Road on the west side of Daytona Beach near the county’s landfill.

Tomoka Industrial Park is a 150-acre industrial center near the western borders of the cities of Daytona Beach and Port Orange.

“We have completed much of the engineering and permitting of the project and expect to be able to bid the construction of the first phase of the park soon,” said County Solid Waste Director Joe Grusauskas.

The county has been planning an industrial park at its landfill since the mid- 1990s. The park is a site for more intensive manufacturing use or a site for manufacturers that
require outside storage or produce higher than normal noise or odors as part of the manufacturing process.

“We have begun preliminary marketing of the Tomoka Industrial Park with manufacturing prospects that require outside storage such as companies that produce building products, asphalts or cements,” said Michael. “In fact, we have interest by companies that use fiberglass and other composite materials that create residual odors in the production process.”

The cost of constructing the first phase of the Tomoka Industrial Park is estimated at around $3.5 million. This investment will generate up to 75 acres of new industrial
parcels with the remaining 75 acres coming on line in a few years as part of a second phase.

“The successful bidding of this project should result in a construction contract being awarded by the County Council after the first of the year with construction beginning as early as April,” said Grusauskas.

When complete, the Tomoka Industrial Park parcels will be leased longterm and will accommodate up to one million square feet of industrial space valued at an estimated $75 million. The number of new manufacturing jobs at the park is estimated at 1,500 or more, according to Michael.

For more information on the industrial parcels at the Tomoka Industrial Park please contact Pedro Leon, Project Development Manager, Volusia County Department of
Economic Development at 386/248-8048.


Department of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Richard Michael
Director

doed@volusia.org