One Daytona project poised for key vo...

One Daytona project poised for key vote Daytona Beach a " The planned...

There are 5 comments on the Daytona Beach News-Journal Online story from Feb 3, 2014, titled One Daytona project poised for key vote Daytona Beach a " The planned.... In it, Daytona Beach News-Journal Online reports that:

The planned 190-acre cluster of development across from Daytona International Speedway promises to send an economic jolt across the city, creating an estimated 10,000 permanent jobs and pumping out $376 million in new property tax dollars over the next three decades.

Join the discussion below, or Read more at Daytona Beach News-Journal Online.

Dragonfly Hummingbird

Oviedo, FL

#1 Feb 6, 2014
Again the numbers are totally skewed. Every time the NJ publishes an article on the One Daytona Project, the numbers increase. Now, the number of acres increased from 181 acres to 190 as stated on the One Daytona website. The Facebook page for One Daytona says only 4,200 jobs and the NJ article says 10,000! Now the city and the county will have to come up with $40,000,000.00 to cover the "gap" in the $53,000,000 infrastructure tab. This is in addition to tax breaks from the State of Florida and rebates of sales taxes going into the mix. There is no way a project roughly the size of the Volusia Mall will create this number of jobs. There is now no way the we will see a return on the tax money invested now or thirty years in the future. Why make a redevelopment district, which has the right to obtain bonds and tax money when you are going to force the local tax payers throughout Volusia County to pay the tab?
Joe

Fort Wayne, IN

#2 Feb 7, 2014
Why is Bikeweek moving to International Speedway ?
Joe

Fort Wayne, IN

#3 Feb 7, 2014
Dragonfly Hummingbird wrote:
Again the numbers are totally skewed. Every time the NJ publishes an article on the One Daytona Project, the numbers increase. Now, the number of acres increased from 181 acres to 190 as stated on the One Daytona website. The Facebook page for One Daytona says only 4,200 jobs and the NJ article says 10,000! Now the city and the county will have to come up with $40,000,000.00 to cover the "gap" in the $53,000,000 infrastructure tab. This is in addition to tax breaks from the State of Florida and rebates of sales taxes going into the mix. There is no way a project roughly the size of the Volusia Mall will create this number of jobs. There is now no way the we will see a return on the tax money invested now or thirty years in the future. Why make a redevelopment district, which has the right to obtain bonds and tax money when you are going to force the local tax payers throughout Volusia County to pay the tab?
Dorothy Hukill & the Convention Visitor's Bureau were in support of a $60 million tax break for the speedway. The proposal was made in early January 2014 to the Florida Legislature that won't be answered until May. Last year a similar proposal was refused by a majority decision. No tax break.
Joe

Fort Wayne, IN

#4 Feb 8, 2014
$500.000 was allegedly paid to the Coalition For Improvements to International Speedway Boulevard at the same time the questions are being raised about the construction costs of the France Administrative Tower of Halifax Hospital. The staff did not receive a raise at Halifax according to the report. Construction on the project [France Tower] has been delayed because of the staff requirements to maintain some efficiency. The proposed plan for improvements to International Speedway Boulevard involves payment to St. Johns Water Management district. The Governing board member of SJWMD and president for the coalition for improvements to I.S.B. corridor is the civil engineering firm of Ghyabi & Associates. Those plans have not become a matter of record public record. The payment alleged to be made to Maryam Ghyabi is $500.000
Joe

Fort Wayne, IN

#5 Feb 8, 2014
The construction costs for France Tower is the same ammount

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