Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Midtown Parcel Acquisition Townhouses topic
No spam. Unsubscribe anytime.
Daytona Beach CRA OKs $871,000 acquisition to enable townhouses and mixed-use near Bethune Boulevard
Summary
The CRA approved spending up to $871,000 from a Midtown CRA loan to buy four adjacent parcels on Dr. Mary McLeod Bethune Boulevard and DeSoto Street for mixed-use and townhouse development; staff outlined prices, ownership (ING Investor Group and Irvin White), a target RFP timeline and market-rate plans.
The Daytona Beach Community Redevelopment Agency voted Oct. 16 to authorize acquisition of four parcels totaling about 1.21 acres at the southwest corner of Dr. Mary McLeod Bethune Boulevard and DeSoto Street, using up to $871,000 in tax increment funds from the GPM 2023 Midtown CRA loan.
Michelle Tolliver, redevelopment project manager for Midtown, said two parcels are owned by ING Investor Group Inc. and two by Irvin White; she stated that Irvin White is CEO of ING. Tolliver described improvements on the parcels: a vacant mixed-use building at 875 Dr. Mary McLeod Bethune Boulevard with ground-floor retail and upstairs apartments, a former casket retail building, a single-family house proposed for demolition to build a 10-unit townhouse development, and two vacant lots. She listed the contract figures as: ING parcel purchase price $745,000; White parcels $100,000; staff negotiated an $845,000 cash price plus conveyance of four city-owned vacant lots valued at $100,000 and set aside $26,000 for closing costs, producing the cash and conveyance package the staff presented to the commission.
Resident Anne Ruby (137 Park Avenue) urged the commission to approve the acquisition, saying the development would help the area feel more like a college town and bring vibrancy. Commissioners asked staff whether units would be market-rate, when an RFP would be issued and whether parking is sufficient. Ken Thomas, redevelopment director, said the proposed housing would be market-rate and staff expect to issue an RFP around December or January depending on procurement and outstanding concept work; he said the site currently has roughly 20 parking spaces and that vacant lots could provide additional spaces.
Commissioners discussed favoring townhouses for a residential appearance and balconies rather than an apartment complex; staff said the RFP will allow alternative proposals if townhouses are not a good fit. The resolution to purchase the parcels and expend CRA funds passed on a recorded vote (motion carried, recorded 7–0).
Staff told commissioners they will deliver a project update book and schedule a workshop with detailed project statuses across CRA areas.
