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Community Budget Issue Requests - Tracking Id #1116 |
Access road to new hotel/convention center complex and research hospital |
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Requester: |
James Chisholm, City Manager |
Organization: |
City of Daytona Beach |
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Project Title: |
Access road to new hotel/convention center complex and research hospital |
Date Submitted |
12/31/2007 1:11:28 PM |
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Sponsors: |
Hill |
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Statewide Interest: |
Project provides economic development, economic stimulus and access for expansion of biomedical research hospital |
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Recipient: |
City of Daytona Beach |
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Contact: |
Hardy Smith |
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301 S. Ridgewood Avenue |
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Contact Phone: |
(386) 671-8098 |
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Daytona Beach 32114 |
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Contact email: |
smithh@codb.us |
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Counties: |
Volusia |
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Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
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Project Description: |
Construction of the first phase of a 1.75-mile arterial road providing access to a proposed $50 million convention center and a 4-star hotel complex with a signature restaurant, near the nexus of I-4 & I-95. At the northern end of the road is the new, state-of-the-art, $219.8 million Florida Hospital. The first phase will construct a 1,400-foot section of the road. The second phase will complete the remaining length of the roadway. The right of way is being donated for the project. |
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Is this a project related to a federal or state declared disaster? |
No |
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Measurable Outcome Anticipated: |
The economic impact of this project will be in the hundreds of millions of dollars since it would open up land for hotel, office and industrial development. The �spin off� businesses and jobs created would directly affect communities in Volusia, Flagler and Seminole counties. Right of way for the road is being donated by business interests in the area. |
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Amount requested from the State for this project this year: |
$750,000 |
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Total cost of the project: |
$1,500,000 |
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Request has been made to fund: |
Construction |
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What type of match exists for this project? |
Local |
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Cash Amount |
$750,000 |
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Was this project previously funded by the state? |
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No |
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Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$5,000,000 |
To Fund: |
Construction |
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Was this project included in an Agency's Budget Request? |
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No |
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Was this project included in the Governor's Recommended Budget? |
No |
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Is there a documented need for this project? |
No |
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Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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No |
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Is this a water project as described in Section 403.885, Laws of Florida? |
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No |