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Ormond Beach Observer Friday, Jun. 13, 2014 5 years ago

Chamber members get business update

by: Wayne Grant Real Estate Editor

Businessmen meet for ‘Prosperity Hour.’

Chamber members received generally good news at the monthly Chamber of Commerce Economic Prosperity Hour on June 11 at Dunn's Attic, 136 W. Granada Blvd. The members took turns giving updates on their specific areas.

Chris Butera, investment associate for NAI Realvest, reported on the Airport Business Park. He said with recent expansions and planned new businesses, the city is down to only a few acres left to lease out.

“We’re running out of room,” he said.

The city is currently exploring options of developing 25 additional acres at the airport.

Butera also reported there were 46 business licenses issued in the city in May, compared to 43 one year ago. There have been 1,988 building permits so far this year, and 3,960 for all of last year, putting the city on a pace to surpass 2013.

In real estate, there were 111 residential home sales in May, compared to 79 last year. There are 190 homes for sale in Ormond Beach and only 10% are foreclosures. There were 23 condos sold in May compared to only seven last year.

Rich Cooper, president of Ormond MainStreet, announced a new community event, the inaugural Ormond Arts Festival in September. There will be music, performances and visual art along Granada Boulevard. Cooper is president of Mitchell Noel Insurance Agency.

City Commissioner Richard Boehm told the crowd that he city just got an FDOT grant for $500,000 to landscape Granada Boulevard west of Interstate 95.

The chamber members were also provided with information on a new initiative, called Chamber Business Advisors. In this program, individuals with expertise in accounting, banking, finance, human resources, insurance, legal, marketing and real estate, will assist individuals in expanding their business and resolving business-related issues. Those interested are invited to call the Chamber at 677-3454.

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