LAND ACQUISITION (2021-2025) Location: Main Street Redevelopment Area
Under Florida’s Community Redevelopment Act, the CRA is authorized to acquire property within the Main Street Redevelopment Area for public improvements, sites for public facilities, elimination of unsafe conditions, removal of non-conforming uses and facilitation of private investment. 29 South Ocean | 210 N. Peninsula Dr. | Corbin Building, 777 Main St.
CRA Expenditure: $2,186,350.48 $6,095.40 (2021) | $3,130,208.38 (2022) $865,526.19 (2023) | $2,186,350.48 (2025)
LAND ACQUISITION CORBIN BUILDING<<
SENOR FROG’S BUILDOUT <<
SENOR FROG’S BUILD OUT CONTRIBUTION (Ongoing) Location: Main Street, Daytona Beach
The city negotiated a 50-year lease with Senor Frog’s, including a $500,000 buildout contribution. Half is payable 30 days after permits are secured; the remaining half 30 days after the Certificate of Occupancy. The city will replenish the Main Street CRA fund over five years following opening.
CRA Allocation: $500,000 (2024)
DaytonaBeach.gov/Redevelopment
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