Coming in 2024: Notable real estate projects to watch for in Volusia and Flagler counties
Here are some notable real estate development projects in Volusia and Flagler counties on track to be completed or to break ground in 2024.
Costco
Issaquah, Washington-based Costco Wholesale Corp. is expected to open a 161,774-square-foot membership warehouse club store at One Daytona in the first quarter. The $17.8 million project will include a 24-pump members-only gas station. Both will be located just west of the CMX movie theater. One Daytona is the NASCAR-owned entertainment/retail/restaurant complex on West International Speedway Boulevard, across from Daytona International Speedway.
Amazon
Amazon, the Seattle-based e-commerce giant, will be opening not one, but two massive distribution facilities in Volusia County, both on the east and west sides.
In Daytona Beach, construction is nearing completion on a five-story 2.8 million-square-foot robotics fulfillment center just east of Williamson Boulevard, on the other side of Bellevue Avenue from the Speedway. The new facility is roughly three miles south of the 66,000-square-foot Amazon Last-Mile Delivery Station that opened on the Mason Avenue Extension in September 2019.
In West Volusia, Amazon is adding a 1 million-square-foot "pre-first mile" fulfillment center in Deltona across the street from the online retailer's existing 1.4 million-square-foot first-mile fulfillment center at 2600 N. Normandy Blvd. that opened in September 2020.
BJ's Wholesale Club
Marlborough, Massachusetts-based BJ's Wholesale Club Holdings Inc. is building a 103,000-square-foot membership warehouse club store at 5857 State Highway 100 E. in Palm Coast. It will anchor a new shopping center called Cornerstone at Seminole Woods.
The shopping center will include a 32-pump members-only BJ's gas station as well as two separately owned restaurants: LongHorn Steakhouse and Miller's Ale House.
Developer Matt Williams of Melbourne-based Matthew Development LLC expects BJ's and the two restaurants to open by the end of the summer. The 31.5-acre center, which is west of Interstate 95 across from Tom Gibbs Chevrolet, also has outparcels for three other tenants.
VA multispecialty clinic
The Orlando VA Healthcare System is scheduled to open a 131,000-square-foot Veterans Affairs multispecialty clinic at 1776 N. Williamson Blvd., Daytona Beach, this spring. The new facility will be twice the size of the existing VA multispecialty clinic at 551 National Healthcare Drive that it is replacing. (The VA will keep its Veterans Center for mental health services at 1620 Mason Ave.)
Tiki Supreme commerce park
The family of the late developer Joseph Fisher plans to break ground on a three-building commerce park on a 15-acre property along the east side of the Mason Avenue Extension in Daytona Beach, across the street from the Amazon Last-Mile Delivery Station. The spec development, meaning that it will be built in anticipation of getting tenants in the future, is called "Tiki Supreme" and will offer a total of 85,000 square feet of space.
"We hope to do a ground-breaking by the 15th of January," said Dick McNerney, a commercial Realtor with Adams, Cameron & Co. Realtors, who has already begun marketing the project.
Daytona Entrada
Projects slated to break ground in 2024 include the 121-acre Daytona Entrada mixed-use center on the northeast corner of West International Speedway Blvd. and the west end of LPGA Boulevard. Plans call for the development of 208 rent-to-own townhomes, 359 apartment units and 115,000 square feet of commercial space.
DeLand Commons
Also expected to open in 2024 is DeLand Commons, a four-story mixed-use development on the south end of downtown DeLand that will include 180 housing units, including market-rate apartments, five townhomes and two carriage houses, as well as 11,000 square feet of street-level retail.
The $30 million project by Atlantic Housing Partners is going up where Save-A-Lot used to be at 221 S. Woodland Blvd. It is being built with the help of up to $3.5 million in performance-based economic incentives from the City of Deland to encourage the creation of "in-fill housing" on an under-utilized downtown property.
Buc-ee's car wash and more
Another highly anticipated project is the Buc-ee's car wash that recently began construction next to the chain's super-sized Buc-ee's gas station/travel convenience store on the northeast side of the I-95/LPGA Boulevard interchange in Daytona Beach. The 104-pump Buc-ee's gas station and 53,000-square-foot travel convenience center is already one of the Daytona area's biggest tourist attractions.
The 235-foot-long car wash tunnel will be the longest in Florida and is expected to open in either late summer or fall 2024, according to Jeff Nadalo, general counsel for Buc-ee's Ltd. The car wash will be on the southeast corner of the 35-acre Buc-ee's property, across from Stonewood Grill.
Buc-ee's Ltd. also recently presented preliminary plans to the City for a 64,122-square-foot Floor & Decor Outlets store that would be built on a 6.8-acre outparcel directly north and west of the Buc-ee's gas station/travel convenience center.
Floor & Decor Outlets is an Atlanta, Georgia-based warehouse flooring store chain that emulates Costco's business model of offering a wide selection of products at low prices with a focus on doing high volume sales as opposed to high margin profits, according to at article on GuruFocus.com. Its parent company Floor & Decor Holdings Inc. is a public company whose common stock shares are traded on the New York Stock Exchange under the ticker symbol FND.
This article originally appeared on The Daytona Beach News-Journal: Coming in 2024: Volusia-Flagler real estate projects to watch for
