Improvements planned by the Community Development Agency of Daytona Beach will slow but not stop due to the current economic situation, as reported in the annual report Tuesday . In the 2005-2006 budget, Volusia County approved the Community Development District, for $67.6 million in a 15-year time frame.
Assistant City Manager Jim McCroskey said, "At the end of the fiscal year 2008, the CRA had produced a total of $4.6 million. The city has approved $17 million in improvements for the CRA through bonds and a loan." Projects include 308 off-beach parking spaces, replacement and burying of overhead utilities, with street lights and banners, signs, and new benches and sidewalks.
3 sites within the district have been purchased for open space parks, and 2 already dedicated: Seaspray Park and Beachcomber Park, both on S. Atlantic Avenue. The third, still in planning, may be the Shores City Center.
Daytona Beach continues to improve its facilities for residents and quality of life. For real estate opportunities and potential, let's discuss Daytona Beach.
Sherry Armstrong, Realtor
sherry@sherryarmstrong.com
www.daytonabeachflhome.com
386-679-3191
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