Ormond Crossings’ First Development

Ormond Crossings has its first occupant! Security First Insurance had a Grand Opening event Nov. 14. 2019 for their new home, a gleaming 136,000-square-foot, four-story office building.

The building cost was $38.2 million, paid by Security First. The landowner, Tomoka Holdings, paid about $2 million for infrastructure. “That’s a tremendous investment in the future of Ormond Beach,” said Locke Burt, CEO and president.

And there’s still room for growth. The company bought 48 acres in 2017, and only 13 acres have been cleared.  Melissa Burt DeVriese, Burt’s daughter and chief administrative officer and legal counsel, said this space could contain a campus of buildings someday. City Economic Developer Brian Rademacher said the available space in Ormond Crossings is one of the attractions for development. Companies can buy as much land as they need for now and the future, rather than trying to fit into developed area.