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Grande
Champion
Daytona Beach, Florida
Ripples
of excitement ran through the real estate community in Daytona
Beach, Florida when Kitson & Partners announced the
acquisition of a significant portion of this struggling
project. Even though this development is associated with
a professional golf tour, is blessed with a near-perfect
year-round climate, and sits at the base of the burgeoning
North Florida home building market, somehow it ran out of
steam. K&P carefully researched the area and found that
an important part of the original master plan had been forsaken…namely the development and marketing of upscale luxury homes.
Planned
investments now include additional amenities (such as a
new town center featuring retail shops and restaurants)
to compliment the existing $3 million tennis center and
clubhouse. Many northeast Florida real estate specialists
firmly believe that K&P, along with partner Morgan Stanley
Real Estate Fund, is the right company with the right concept
to revive the this development’s upscale image and
craft the type of quality communities that have become the
hallmark of the Kitson & Partners brand.
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