The City of Daytona Beach voted 4-1 Wednesday to provide $2.25-Million in infrastructure improvements as requested by Consolidated-Tomoka Land Company for construction of Tomoka Town Center.The lone NO vote came from Zone 1 Commissioner Ruth Trager who agreed in theory of an outlet mall but didn’t like the way the ordinance was structured financially. Volusia County recently voted to provide an equal amount of funding, contingent on Daytona Beach’s like action.
Construction could begin this Fall on an outlet mall operated by Tanger Outlets.
The project, at a 200-acre site near Interstate 95 and LPGA Boulevard, is projected to create 300 construction jobsand 800 permanent retail jobs.
Tomoka Town Center is projected to generate $50 million in tax revenue for Volusia County and another $30 million to Daytona Beach during the first 30 years of operation.
For a look at which retailers and Name Brands will likely be featured at the new Daytona Outlet: CLICK HERE
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