Daytona Beach is taking over development rights of the yet-to-be built amusement pier and putting up a couple million dollars to restore the landmark. The City Commission still has to approve it, but a new lease with Diland Corp. limits the developer's involvement in the landmark pier to the next 25 years, while the city picks up the tab for major upgrades that will restore it to its former glory. "Everyone wants to see the pier look like it did 20 years ago," Deputy City Manager/Administrative Services Paul McKitrick said.According to News-Journal Online, "Diland paid $1 million for the development rights of the pier five years ago and has made more than $2 million worth of significant improvements, but the slipping economy plus bureaucratic red tape have delayed the second amusement pier."
Built in 1925, the pier has been remodeled to its Victorian-era resemblance to the Weston-super-mare pier in London since Diland took over, Fincke said. The city is hoping to secure Ecological Cultural Heritage Outdoors (ECHO) grants from Volusia County to help pay for some of the costs to bring it back to its heyday.
The city's plans for the pier's future still include the adjacent Santa Monica-style amusement pier Diland Corp. was supposed to build as part of the original agreement, City Manager Jim Chisholm said.
Read the full article at News-Journal Online.
Posts
No comments:
Post a Comment