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Condo Developer Posts 90 Pre-Construction Reservations Valued at Estimated $22 Mil

DAYTONA BEACH SHORES, FL-DiMucci Development Corp., a family-owned and operated multifamily developer, expects to sell out all 140 units at the 18-story, Towers Grande community by summer at prices beginning at $199,000. DiMucci has built and sold 600 luxury units at this oceanfront area since 1991. Daytona Beach Shores is 60 miles northeast of Downtown Orlando.

By Alex Finkelstein | Updated on January 12, 2001

DAYTONA BEACH SHORES, FL-Talk about the golden touch. DiMuccci Development Corp. has it. The Chicago-based multifamily developer won’t be breaking ground on his newest luxury condominium community here, Towers Grande, until March but the family-owned and operated company already has 90 reservations valued at an estimated $22 million in the till.

DiMucci development director Tom Poole tells GlobeSt.com all units should be sold out by summer at prices starting at $199,000. At that time, the developer plans to break ground on two more high-rise condo projects in this oceanfront community 60 miles northeast of Downtown Orlando.

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