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2nd quarter 2008           


Ocean Center expansion 80 percent complete; on time and on budget


The new Ocean Center expansion will add 246,000 square feet of meeting and exhibition space,
making it the state’s sixth largest convention facility.

What a difference a year makes. In 2007, Ocean Center officials had just taken over management of a massive project that would double the size of the county’s entertainment, convention and sports complex. They were trying to make up for lost time and put a lid on soaring costs following a period during which time and money were fleeting.

“Today, we are 80 percent complete with the construction,” said Ocean Center Director Rick Hamilton. “And we expect to begin renovations of the existing structure any time now.”

Construction of the new elements of the complex is on track for completion in September. Renovation of existing elements of the complex will be finished by year’s end. Grand opening festivities are planned for early 2009.

“It’s been a challenging and rewarding journey and we are confident everyone will share our excitement over the expansion,” Hamilton said.

While expansion of the Ocean Center had been discussed for years, it did not begin until 2005. Not long after construction began, a sizzling real estate market, a booming construction industry and skyrocketing construction materials costs converged to put the project behind schedule and over budget.

County Manager Jim Dinneen, County Chair Frank Bruno, Deputy County Manager Charlene Weaver, the Tourist Development Council and Hamilton worked to take over the project through the county’s management entity, OCORP. They sought and received community consensus for an increase in the bed tax, which the County Council unanimously approved.

Today, the $76-million project is on schedule and on budget.
The Ocean Center sales staff is booking the expanded complex for dates in 2009, 2010, 2011 and beyond. Dates in early 2009 include Team Spirit, the world’s largest cheering organization, and the Florida Fire Chiefs’ Association, which will occupy the entire arena for its convention. There are several contracts pending and the 2009 calendar shows nearly 300 days of bookings, including a wide variety of dates.

“Our clients like booking the Ocean Center because it’s a one-stop shop,” said Hamilton. “We can provide assistance with decorating, event staffing, concession management, catering, information technology, marketing, transportation and more. We walk them through every step at a pre-convention meeting, so every detail is anticipated.”

When complete, the expanded Ocean Center will be the seventh largest complex in Florida. It will have more exhibit space, more meeting space, more pre-event space and more parking spaces. A county ECHO grant is helping to fund displays of art and cultural exhibits over some 55,000 square feet, with an abundance of information on cultural offerings in the community and a concierge-style information desk.

Revenues have kept pace with expenses, even with $76 million in new debt. The one-penny increase in the bed tax, the 2 percent resort tax and operating revenues have contributed to the Ocean Center’s profitable status, something that is welcome news to the County Council as it grapples with budget shortages on many fronts.

“The only thing better than delivering a world-class facility to the community is doing so in the black,” said Volusia County Chair Frank Bruno. “The Ocean Center continues to be a great resource and a great source of pride.”


Department of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Phil Ehlinger
Director

doed@volusia.org