2022 growth outlook: Volusia County BOOM
In 2022, the county is expected to see construction finally begin on the first phase of Avalon Park Daytona Beach, a 10,000-home community planned along the south side of State Road 40/West Granada Boulevard, a mile west of I-95, in Daytona Beach. While Avalon Park Daytona Beach is the biggest of the residential projects set to get underway in Volusia County in 2022, dozens more are already under construction or getting ready to break ground.
The county is also poised to see more big commercial projects, including a further build-out of the Portland Industrial Park along the east side of I-4 in Deltona, where Amazon opened a 1.4 million-square-foot distribution center in September 2020. The e-commerce giant plans to build a massive 2.8 million-square-foot distribution center just south of Daytona International Speedway and the main runway for Daytona Beach International Airport. The center is slated to create 1,000 full-time jobs.
The Southeast Volusia Manufacturing & Technology Coalition recently held a forum in New Smyrna Beach where a number of local experts including an official with Space Florida spoke about how that portion of the county could be primed to attract suppliers to the growing commercial space industry in neighboring Brevard County.
An Ohio developer recently broke ground on a new Veterans Affairs outpatient clinic on Williamson Boulevard, just south of Daytona State College's Advanced Technology College. The project is the latest addition to Daytona Beach's fast-growing LPGA area where developers are also planning new retail centers as well as more apartments and a rental home community called The Cottages at Daytona Beach.
Through the first three quarters of 2021, builders pulled a total of 3,350 building permits for new homes in Volusia County, a 33% increase compared to the 2,511 permits issued during the same time period the previous year.
One of the planned retail centers is Tymber Creek Village, which will be located across from the entrance to the Jimmy Buffett-themed Latitude Margaritaville 55-and-older community. Latitude Margaritaville led the way in new home construction for Volusia County in 2021 and is showing no signs of slowing down.
Daytona Beach-based ICI Homes also continues to build new homes both at its Plantation Bay community in north Voiusia County and south Flagler County, as well as its Woodhaven and Brown's Landing communities in Port Orange. ICI also recently began selling house lots at a new community across the street from Brown's Landing called The Estates at Brown's Landing.
"Florida's going to continue to grow. Sooner or later, rising (home) prices (and construction costs) will slow things down but not in 2022. There's a lot of projects that will be coming out of the ground in the New Year".. said G.G. Galloway, a commercial Realtor with Coldwell Banker Commercial Benchmark in Ormond Beach.
By Clayton Park - The Daytona Beach News-Journal
4/20 thru 7/21 - The South picked up 959,222 new residents.
Source: The Yankee Institute
- The West gained 78,562 .. while the Northeast lost 449,310 residents and the Midwest declined 144,010.
- New York lost 365,336 people in total. California and Illinois also topped the lists for total population loss.
Texas (170,307) and Florida (220,890) had the greatest population increase from domestic migration. Both states have majority Republican leadership and have overtly refused draconian COVID measures.
According to Florida Economic Development Council, New Yorkers are moving to Florida because Florida’s schools have been open. Domestic migrants from other states note the lack of jobs, income, affordable housing, and restrictions throughout America’s Democratic-run cities are why so many people are choosing to make Florida their home.
While 2020/21 is not the first year revealing a migratory shift away from typically Democratic-run areas, the latest data confirms how despite record-low polling data, rising crime, taxes, and inflation, Democrat Party politicians have yet to make any significant changes to their platforms to stop the rot.
The shift from blue states to red has caused some consternation amongst conservatives, who worry the migratory patterns will turn red states purple, or even blue, in the longer term.
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