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Consolidated-Tomoka reelects board in dramatic fashion

DAYTONA BEACH — It began as a low-key affair, but Consolidated-Tomoka Land Co.’s annual shareholders meeting on Wednesday suddenly took on a reality TV-like twist, leaving investors and onlookers waiting for a dramatic conclusion. Finally, after a several-hour delay, Consolidated-Tomoka issued a statement that all…

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Get ready for CTO proxy fight, the sequel

Get ready for Battle of the Boardroom, Round Two. A year ago, Consolidated-Tomoka Land Co.’s annual shareholders meeting featured a showdown between its senior management and its largest shareholder, as New Jersey-based Wintergreen Advisers LLC mounted an unsuccessful campaign to gain control of the Daytona…

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Daytona’s Margaritaville shops to include Publix

Grocery store to anchor shopping center at entrance to Jimmy Buffett community off LPGA Blvd. DAYTONA BEACH — Residents of the new Latitude Margaritaville community going up here will be able to buy the fixings to grill their own “Cheeseburger in Paradise” at Publix, starting…

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Consolidated-Tomoka off to promising start

DAYTONA BEACH — The sale of land for a planned Buc-ee’s mega convenience store/gas station and of four office buildings locally contributed to one of the most profitable quarters ever for Consolidated-Tomoka Land Co., the company reported. The Daytona Beach-based public company (NYSE American: CTO)…

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Mosaic grand opening in Daytona gets off to strong start

DAYTONA BEACH — When ICI Homes Chairman and CEO Mori Hosseini came up with the idea to create a “full life” community here, he envisioned a place where people of all ages and from all walks of life could come together. That’s exactly what he…

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Volusia Business News: Land company leads the way

By Cecil G. Brumley Hometown News As the Volusia County economy, and average temperatures, heat up, the company that continues to stay in the middle of it is Consolidated-Tomoka Land Co. The company has bought in a ton of development simply in selling the thousands…

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Mosaic development adds to surge of growth along LPGA Boulevard

DAYTONA BEACH — Another big piece is being added to the white hot development puzzle already taking shape just west of Interstate 95. On Saturday, ICI Homes will hold a grand opening event to celebrate the completion of five model homes at its planned 1,200-home…

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Consolidated-Tomoka sells office buildings in Daytona

DAYTONA BEACH — Consolidated-Tomoka Land Co., once one of the city’s largest private land owners, continues to pare down its real estate holdings locally. The Daytona Beach-based company on March 26 completed its sale of four office buildings along or near Williamson Boulevard to a…

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Daytona airport on track to top 2017′s 20-year passenger high

DAYTONA BEACH — After seeing a slight decline to start the new year, Daytona Beach International Airport once again saw passenger traffic rise in February. The Volusia County-run airport counted 56,684 passengers arrive and/or depart via its gates, a 2.4 percent increase over the 55,338…

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