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How Protogroup s $192M hotel-condo project in Daytona Beach went south

How Protogroup s $192M hotel-condo project in Daytona Beach went south
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Protogroup valet lane gone: FDOT restores Daytona s Oakridge Boulevard

DAYTONA BEACH  Construction work that had been started by developer Protogroup on a controversial valet parking lane at the intersection of Oakridge Boulevard and State Road A1A has been removed by FDOT crews, returning the intersection to its original traffic plan at the developer’s expense. The work by FDOT crews involved “removing a traffic separator, restoring pavement markings and bringing the traffic signal at Oakridge Boulevard and S.R. A1A back into operation,” according to FDOT spokeswoman Allison Colburn. Colburn said the $19,000 cost of repairs will be billed to Protogroup, the family-run Palm Coast company whose Russian owners are developing the $192 million Daytona Daytona Beach Convention Hotel & Condominiums project, the biggest, most expensive development project in Daytona Beach history.

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