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Consolidated-Tomoka reports upticks in revenues, net income

DAYTONA BEACH — Consolidated-Tomoka Land Co. on Wednesday reported big increases in both revenues and net income for the second quarter, compared with the same period a year ago. In the three-month period that ended June 30, the Daytona Beach-based public company (NYSE MKT: CTO)…

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Locals cheer groundbreaking for Daytona’s Jimmy Buffett restaurants

DAYTONA BEACH — Drinking beer and margaritas before noon is not the norm for business leaders and elected officials, even at the World’s Most Famous Beach. The several dozen who turned out to celebrate the groundbreaking Wednesday morning of two planned side-by-side oceanfront restaurants were…

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Landshark Groundbreaking

Consolidated-Tomoka is holding a groundbreaking 10:30 a.m. Wednesday for its planned dual-restaurant oceanfront development just north of Sunsplash Park. The restaurants will be a Jimmy Buffett-co-owned Landshark Bar & Grill and a separately owned Cocina 214 Restaurant & Bar that will serve Tex-Mex cuisine. Click…

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Yeomans, partners complete buy of Hendrick Honda Daytona

New owners to relocate newly renamed Gary Yeomans Honda to Tomoka Farms Road early next year DAYTONA BEACH — The row of auto dealers along North Tomoka Farms Road that includes Daytona International Auto Mall is about to get longer. A partnership that includes local…

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Developer buys more land near Daytona’s Tanger Outlets

Planned Daytona Beach project to add restaurants, retail stores next to Tanger Outlets DAYTONA BEACH — A Canadian developer just took another step forward towards carrying out plans to add restaurants, retail stores and possibly hotels next to the new Tanger Outlets mall here. The…

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Jimmy Buffett Daytona restaurant project to break ground

Oceanfront development to include Landshark Bar & Grill and separately owned Tex Mex eatery DAYTONA BEACH — Jimmy Buffett fans will soon have more than one reason to flock to the World’s Most Famous Beach. Along with the Buffett-inspired Latitude Margaritaville active adult community being…

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Property values on the rise in Volusia, Flagler

NEW CONSTRUCTION Volusia County is expected to see some $508 million in new construction values added to its just value, with Daytona Beach leading the way at $123 million. Some of the new construction values were the $38.6 million for the Tanger Outlet Mall and…

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Momentum keeps building for Margaritaville

When Minto Communities develops new residential subdivisions, it can usually count on generating 2,000 to 5,000 inquiries from potential homebuyers on its website. As of May, the number of people registering for more information about the planned Latitude Margaritaville Daytona Beach community has now hit…

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FIRST MARGARITAVILLE 55+ PROJECT DRAWS HUGE INTEREST

Builder FIRST MARGARITAVILLE 55+ PROJECT DRAWS HUGE INTEREST Minto Communities partners with Margaritaville Holdings on a lifestyle-centric active adult community in Daytona Beach, Fla. By Brian Croce Regardless of whether Jimmy Buffett ever found his lost shaker of salt, everyone else found the song in…

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Shareholders back leaders of Daytona’s biggest landowner

DAYTONA BEACH — Consolidated-Tomoka Land Co.’s shareholders on Wednesday showed overwhelming support for the company’s current path, which includes the recent sale of major landholdings along the LPGA Boulevard corridor, when they voted to place all seven of senior management’s nominees on the board of…

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