Daytona Beach Oceanfront Condos by Mona Cherkaoui - World Properties Group

P l a c e s I n T h e s a n d

The Florida Real Estate Boom

R I g h T P l a c e , R I g h T T I m e

T h e F lo R I da B o o m | Six Markets in Focus

HOT REAL ESTATE

Sales taking off in South Florida,

Tampa-Sarasota, Naples, Orlando,

Jacksonville, Daytona Beach

Three are out of reach for most of us

Daytona Beach – The next boom market on the East Coast

Tampa

Orlando$$$$

Dayton Beach

Jacksonville

FortLauderdale

WestPalmBeach

Miami

Sarasota

Naples$$$$

$$$$

T h e F lo R I da B o o m | Daytona Beach: The next boom

Hotels, entertainment, retail, sporting venues and clean technology fueling the boom

Tampa

Daytona Beach

Jacksonville

FortLauderdale

WestPalmBeach

Miami

Sarasota

Orlando$$$$

Naples$$$$

$$$$

RIGHT PLACE, RIGHT TIME

Investors in Daytona Beach see a solid, growing, vibrant economy

At the crossroads of I-95 and I-4, Daytona Beach is easily accessible to the major markets of Orlando, Jacksonville and Tampa, and is served by multiple international airports

T h e d ay To n a B o o m | ‘The Turning Point...’

We have developed such significant momentum with Daytona Beach. I think this is a time we’ll all look back on and say we were there. I think this is the turning point for the city.

— City Commissioner Carl Lentz

“

“”

We’ve never seen anything like this in Daytona before. It might be the tip of the iceberg of a new era.

— Mark Soskin, associate professor University of Central Florida

”

T h e d ay To n a B o o m | Surge in New Development

INVESTING IN FUTURE

• $1 billion + in capital projects announced

• 30,000 new jobs

• 40,000 new residents

Surge in new development The Daytona Boom

INVESTING IN FUTURE

■ $1 billion+ in capital projects announced

■ 30,000 new jobs

■ 40,000 new residents


INVESTING IN FUTURE


■ 30,000 new jobs



INVESTING IN FUTURE


■ 30,000 new jobs



DAYTONA RISINGThe reimagining of an American icon – Daytona International Speedway, with 60 corporate track-side view suites, 101,000 fan-base capacity

• Projected completion: January 2016

• Investment: $400 million

• New jobs: 18,000

• Construction jobs: 6,300

• Economic impact: $1.6 billion


INVESTING IN FUTURE


■ 30,000 new jobs



ONE DAYTONAMore than 1 million square feet of fine dining, retail, a hotel and a cinema.

• 181 Acres

• Construction Start: 2014

• Projected Completion: Jauary 2016

• New jobs: 4,200


INVESTING IN FUTURE


■ 30,000 new jobs



HARD ROCK HOTEL30-story tower, including two rock stars suites, 28,000 square feet of ballroom and banquet space, in partnership with Canadian Developer Bayshore Capital

• Projected Completion: 2016

• Investment: $400 Million

• New Jobs: 18,000

• Construction jobs: 6,300

• Economic Impact: $1.6 Billion


INVESTING IN FUTURE


■ 30,000 new jobs



A1A BEACHSIDE COMEBACKFrom new condo hotels to retail, from the Seabreeze Bridge to the pier, transformation is underway.

• Daytona Beach Pier, historic attraction that recently reopened after a $5 million restoration

• Protogroup Inc.’s Daytona Beach convention hotel by Russian development group, opening Fall 2015

• Multiple hotel and retail upgrades along tourism and dining corridor


A1A BEACHSIDE COMEBACK From new condo hotels to retail, from the Seabreeze Bridge to the pier, transformation is underway.

■ Daytona Beach Pier, historic attraction that recently reopened after a $5 million restoration

■Protogroup Inc.’s Daytona Beach convention hotel by Russian development group, opening Fall 2015

■ Multiple hotel and retail upgrades along tourism and dining corridor


MARINA VILLAGEA recently approved riverfront destination concept

• Anchored by MG on the Halifax and existing businesses

• The area will include a new hotel and nautical-themed restaurants and shops

• Improvements would also be made to the Halifax River Greenway Trail, a trail running from Port Orange to Ormond Beach

T h e d ay To n a B o o m | Surge in Rental, Housing Demand

MORE RESIDENTS, MORE VISITORS

55% 38%

• 8.3 million tourists annually

• 40,000 more new residents in next 10 years in Daytona Beach core

• Snow bird magnet

• Favored retirement destination

• Condo market sales up, inventory down

M E D I A N S A L E S P R I C E M O N T H LY S U P P LY O F I N V E N T O R Y

DAYTONA CONDO SALES: AUG 2013 year over year

All the hiring will help the housing market.“— Sean Snaith, Institute for

Economic Competitiveness, University of Central Florida

”

T h e d ay To n a B o o m | Destination For Business

AVIATION, AEROSPACE HUB

• Home to the world’s oldest, largest and most prestigious university specializing in aviation and aerospace - Embry-Riddle Aeronautical University.

• Five local airports

• FAA NextGen Test Bed at Daytona International Airport

Destination for business The Daytona Boom


Home to the world's oldest, largest and most prestigious university specializing in aviation and aerospace - Embry-Riddle Aeronautical University.

Five local airports

FAA NextGen Test Bed at Daytona International Airport




Five local airports





Five local airports


T h e d ay To n a B o o m | Destination For Business

EXCEPTIONAL HEALTHCAREHalifax Health, building on an 83-year history of healthcare services in East Central Florida

• Ranked among top 5% of all hospitals in the nation for clinical outcomes

• Centers for orthopedics, spinal surgery, stroke services, vascular services, cardiology, pediatrics


EXCEPTIONAL HEALTHCARE Halifax Health, building on an 83-year history of healthcare services in East Central Florida Ranked among top

5% of all hospitals in the nation for clinical outcomes

Centers for orthopedics, spinal surgery, stroke services, vascular services, cardiology, pediatrics


EXCEPTIONAL HEALTHCARE Halifax Health, building on an 83-year history of healthcare services in East Central Florida Ranked among top

5% of all hospitals in the nation for clinical outcomes

Centers for orthopedics, spinal surgery, stroke services, vascular services, cardiology, pediatrics

T h e d ay To n a B o o m | Destination For Education

• Nine regionally accredited universities

• Serving 30,000 students

• Nationally recognized institutions, including:

- Daytona State College

- Florida State University College of Medicine

- Embry-Riddle University

- Palmer College of Chiropractic

- Bethune-Cookman University

- University of Central Florida

Destination for education The Daytona Boom

Nine regionally accredited universities

Serving 30,000 students Nationally recognized institutions, including:

Daytona State College Florida State University College of Medicine Embry-Riddle University Palmer College of Chiropractic Bethune-Cookman University University of Central Florida













T h e d ay To n a B o o m | Destination For Culture

ARTS, HISTORY, SIGNATURE EVENTS

• John. D. Rockefeller Winter Home

• Daytona Beach Arts Festival

• Halifax Art Festival

• Daytona Beach Symphony Society

• Museum of Arts & Sciences

• Historic Peabody Auditorium

• Daytona 500 & Rolex International

• Bike Week

• Seafood Festivals

Destination for culture The Daytona Boom

ARTS, HISTORY, SIGNATURE EVENTS ■John. D. Rockefeller

Winter Home

■Daytona Beach Arts Festival

■Halifax Art Festival

■Daytona Beach Symphony Society

■Museum of Arts & Sciences

■Historic Peabody Auditorium

■ Daytona 500 & Rolex International

■ Bike Week

■ Seafood Festivals



Winter Home







■ Bike Week




Winter Home







■ Bike Week


T h e d ay To n a B o o m | Destination For Recreation

YEAR-ROUND SPORTING PARADISE

• Boating

• Fishing

• Sailing

• Surfing

• Eco-tours

• Golf

• Tennis

• Cycling

Destination for recreation The Daytona Boom


Boating

Fishing

Sailing

Surfing

Eco-tours

Golf

Tennis

Cycling



Boating

Fishing

Sailing

Surfing

Eco-tours

Golf

Tennis

Cycling



Boating

Fishing

Sailing

Surfing

Eco-tours

Golf

Tennis

Cycling



Boating

Fishing

Sailing

Surfing

Eco-tours

Golf

Tennis

Cycling

T h e d ay To n a B o o m

Right Place, Right Time

W A T E R F R O N T

WATERFR ONT

STEAM R OOM

STATE -OF - THE -ART F I TNESS CENTER

INTERIORI M AG E S

Exclusively offered by Remax Downtown

Contact:Bill Corio - Program DirectorPhone: 407-947-0697Email: [email protected]

Exclusively offered by World Properties Group

Contact:Mona L. [email protected]