• Ormond Crossings Business Park

  • Ormond Crossings Business Park

  • Ormond Crossings Tenant, Security First – New Headquarters Building Rendering

    The Ormond Crossings Business Park will offer tremendous opportunities for manufacturing, distribution, and corporate offices. The proximity to major highways, rail service and local and international airports are all attributes of the Business Park. The Business Park is planned for about 3 million square feet of industrial, distribution/storage, commercial, office and public/institutional uses that will support approximately 10,000 jobs.

    Besides the Business Park, the parcels at the entrances to Ormond Crossings include commercial property with US-1 frontage that will accommodate an additional 500,000 square feet of commercial space.

    Florida is not only a tourist destination, it is also the 4th ranked state in the country in high technology jobs. The greater Ormond Beach area is part of the Space Coast corridor with economic strengths in aviation and aerospace, consumer products, electronics, medical and biotechnology. The City Commission’s decision to make Ormond Crossings one of its highest priority goals is a testament to the commitment of the City to “smart growth” and economic prosperity.

    Click here to read more about Ormond Crossings’ first tenant and plans: Security First Insurance Co. is now UNDER CONSTRUCTION with their 135,000 square foot office complex in Ormond Crossings.

     

    Community Redevelopment Area Designation

    Pursuant to a delegation of power from Volusia County, the City of Ormond Beach created a community redevelopment agency known as North Mainland/Ormond Crossings Community Development Agency (the “CRA”) that includes Ormond Crossings. At the developer’s expense, the CRA previously acquired numerous scattered outparcels within the project site. In addition, the CRA committed to repay the developer for the cost of constructing the entrance to the Business Park. Repayment, in an estimated amount of $7.8 million, plus reasonable interest, will be made as tax increment funds become available to the CRA.