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New Development Ventures Taking Shape Around LPGA International

LPGA International is poised for a construction boom of major proportions during the coming months. There are several key real estate development projects now works for this area, including a much-awaited hotel and conference center for LPGA International.

The hotel/conference center took a giant step toward reality recently. Construction bids have been received from several sub-contractors for a four-story, 210,000 square-foot facility that is expected to cost between $20 and $25 million to build.

The headquarters of the Florida/United States Tennis Association, a new $2 million facility, is located directly across from LPGA International on LPGA Boulevard. It includes 24-lighted courts and a clubhouse that is open to the public when tournaments aren't underway.

City leaders estimate that the USTA, which plans to host a minimum of ten amateur tournaments at the site over ten years, will have a $4.5 million annual economic impact by drawing over 5,000 participants annually.

Also expected to have a significant impact on the economy is the new $8 million Daytona Automall at Interstate 95 and LPGA Boulevard. This unique mall features three of the area's top dealers-Daytona Pontiac-GMC, Gary Yeomans Ford Speedway Dodge-Kia. "We're delighted to see all this activity that is planned in and around International", says Reneé Doss, CEO of Renar Development. "All these wonderful projects will help create a more dynamic marketplace that will benefit not only those in the immediate area but the entire Daytona Beach community, as well."

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