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Market summary

New Port is a 42 acre planned urban lifestyle center conveniently located in the heart of Port Orange, Florida on the corner of Clyde Morris Boulevard and Reed Canal Road, 2.2 miles from Dunlawton Avenue and 1.8 miles from Port Orange City Center. Dunlawton Avenue is the main roadway in Port Orange, connecting Interstate 95 to the beaches of the Halifax Coastal Area. In 1995 Dunlawton Avenue was widened to six lanes from Interstate 95 to Nova Road to accommodate the more than 30,000 vehicles traveling on this roadway each day. Clyde Morris Blvd. is a direct link from Dunlawton Avenue to Granada Avenue in Ormond Beach.

Port Orange is part of the Daytona Beach, Florida metro area, located on Daytona’s southern tip. Port Orange has been Volusia County’s fastest growing incorporated city over the past 25 years with a population of 3,871 in 1970 to 45,823 residents in 2000. This exceptional growth has made Port Orange the strongest residential housing market in East Volusia County and one of the most active commercial markets in East Central Florida. Port Orange also offers a dynamic business environment with opportunities for the development and growth of both smaller homegrown and larger corporate enterprises. Port Orange is a community characterized as a stable and successful business climate that develops nurtures, and embraces quality business. Recognized statewide for its planning, environmental design, and progressive public services and facilities, Port Orange is positioned to meet the challenges of continued growth.

Daytona Beach is known internationally as the “World’s Most Famous Beach” and the “World Center of Racing”. Daytona Beach’s worldwide popularity has attracted millions of visitors each year, which economically benefits all of Volusia County. It has become the premier destination for Spring Break, Bike Week, and Speed Week. Over 250,000 college students spend their Spring Break vacation at Daytona every year. Daytona’s annual Bike Week attracts over 500,000 motorcyclists that spread throughout the entire county of Volusia. It continues to be the #1 annual biker destination in America. The Daytona International Speedway has hosted the “Great American Race,” the Daytona 500, and the “Mid-Summer Classic,” the Pepsi 400, annually since 1959. Each year the “World Center of Racing” hosts a two-week festival of speed known as Speed Week. Every February, Speed Week culminates with one of the world’s premier sporting events, the Daytona 500, the “crown jewel” of the NASCAR Winston Cup Series.

Volusia County’s location on interstate highway 95 and I-4 offers convenient highway access to regional markets and suppliers, and strong links to the nation’s major north-south interstate highways. I-4 which is oriented northeast-southwest provides connections from Daytona Beach to Orlando and Tampa. Numerous widely recognized companies including, Hawaiian tropic sun care products, Boston Whaler boats, NASCAR, Gale Industries, Hudson Tool & Die, Intervest Construction, Crane Cam and KMC Telecom have chosen to locate in Volusia County due to it’s superior transportation access and growing economy.

Volusia County is home to five nationally recognized universities including, Embry-Riddle Aeronautical University, Stetson University, Bethune-Cookman College, Daytona Beach Community College and The University of Central Florida. Volusia County is about an hour’s drive north of Disney World and the Kennedy Space Center. It’s also within a few hours drive of other major Florida communities, such as Orlando (50 miles), Tampa (139 miles), Miami (253 miles), and Jacksonville (89 miles). It is also the headquarters of the Ladies Professional Golf Association and the summer home of the London Symphony Orchestra.

New Port will enjoy a favorable strategic location. Located within minutes of the Port Orange Fire Department, Library, City Offices, Parks and Recreation Department, Police Department, YMCA and Palmer Chiropractic College. The following business are also located within a 5 mile radius of New Port. Home Depot, Lowe’s, Halifax Medical Center, two high schools, one middle school, five elementary schools, several banking centers and restaurants. The combination of prominent, successful anchors, strong retail demographics, an excellent neighborhood location with close proximity to Daytona Beach, New Smyrna Beach, and easy access to major roads, interstate highways and airports, should ensure that consumer demand will make New Port an outstanding long-term investment.

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