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Daytona Beach approves purchase of six Midtown parcels for up to $1.435 million
Daytona Beach Community Redevelopment Agency · September 18, 2025
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Summary
The CRA approved up to $1,435,000 to buy six parcels in the Midtown CRA area to assemble land for redevelopment; proponents said land acquisition is a common TIF tool to attract private development.
The Daytona Beach Community Redevelopment Agency voted to approve spending of up to $1,435,000 in Midtown CRA loan funds to purchase six parcels as part of a land‑assembly effort intended to spur development in Midtown.
Staff described the purchase as an expenditure from GPM 2023 Midtown CRA loan funds…
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