The new building, which is planned to rise by 2020 from what is now a large vacant lot on the north end of Beach Street facing the Halifax River, would be a powerful catalyst for revitalizing the downtown area.
DAYTONA BEACH — Insurance giant Brown & Brown, Inc. plans to build a new 10-story, $25 million riverfront headquarters and bring 600 additional employees to downtown, company officials revealed to an excited group of local leaders Friday afternoon.
The announcement, made at an invite-only event at the company’s current South Ridgewood Avenue offices, was met with thunderous applause from dozens of public officials and business leaders.
The project will plant even deeper roots in the community for the publicly traded company that began here nearly eight decades ago and now has more than 8,600 employees worldwide.