DAYTONA BEACH, Fla. — Daytona Beach will soon see a luxury hotel and condo complex, complete with waterslides, pools and a long lazy river.
The two towers will sit on the beach at 801 South Atlantic Avenue, just south of Sun Splash Park.
"It's totally different. The appearance is going to be totally different. The shape of the building is going to be totally different. The whole concept is totally different from what we have," said Ed Peck of Peck and Associates Construction Inc.
The Canadian investment company behind it is Bayshore Capital. Peck and Associates Construction plans to build the project. It will cost between $80 million and $100 million for just the first phase, which is one building.
"Hopefully, that will offset some of the issues that the community has in that neighborhood," said Peck.
The towers would include restaurants, lounges, a spa and a pool with a water slide and a lazy river.
The staffing list is even longer, with event planners, concierge services and all of the standard hotel services.
"Three-hundred and fifty to 400 new jobs, permanent jobs here in the area. More so, it's going to add to our tax base," Jim Cameron of the Daytona Regional Chamber of Commerce.
But a deadline is looming. The developer must break ground on the project by July of 2013. If not, the company will miss out on saving hundreds of thousands of dollars in impact fees that the city is waiving for only one year.
The city is putting together an incentive package for the developer, which must be completed in 90 days.
WFTV
