City of Port Orange puts riverfront land on the market

The City of Port Orange, located in Volusia County on Florida’s east coast, is selling 9.62 acres of prime riverfront land that’s zoned for mixed-use development.

The site is located in Port Orange’s Mixed-Use Riverwalk District, which is zoned for a variety of commercial and office uses, as well as for high-density residential development of up to 32 dwelling units per acre. It features 1,000 linear feet of riverfront property and U.S. 1 frontage, and is located in an Opportunity Zone.

The property, made up of 18 contiguous parcels, is located east of S Ridgewood Avenue/U.S. 1, north of Dunlawton Avenue, within the Port Orange Town Center (POTC) Community Redevelopment District.

The City of Port Orange has hired David Calcanis, Ken Krasnow and Brooke Berkowitz of Colliers as the exclusive listing agents for the property.

“The vision of the city is to build a premier mixed-use waterfront development along the Halifax River that includes commercial, entertainment, office, residential, hotel, marina and civic uses,” said David Calcanis, Executive Managing Director, Colliers. “There is substantial flexibility allowed in the site’s zoning to accomplish this vision and create a quality project that benefits the residents of Port Orange and the developer.”

Port Orange is located 5 miles from Daytona Beach, 91 miles southeast of Jacksonville, and 60 miles northeast of Orlando. It is part of the greater Daytona Beach area and 8 miles from Daytona Beach International Airport.

“The city recognizes that live-work-play environments are in high demand and that this district has the unique ability to create a new regional destination between the Daytona and New Smyrna beaches that benefit residents and tourists alike,” Calcanis said.

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

For further information please contact:

Noelle Fox | True Blue Communications

(813) 857-2949 | noelle@truebluecommunications.com