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Wednesday, June 29, 2022

Brown & Brown Inc. (BRO)Obtained Occupancy Permit For Construction of a University Campus

Brown & Brown Inc. (BRO) reported on Friday, 18 December 2020, that it obtained a City of Daytona Beach Occupancy permit for its new 300 North Beach Street office building. The current facility is used in the overall construction of a university campus containing 15 acres of land right across Halifax.

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At nearly 225,000 square feet, the 11-story structure will accommodate four firms and its corporate headquarters. It funds up to 900 entirely occupied staff members, providing at least 600 additional positions in Volusia County as part of its overall expansion plans. The building also has many training rooms promoting Brown & Brown University, a proprietary development teammate program that facilitates continuous development and job development. In early January 2021, teammates will continue the move to function in the new house.

J. Powell Brown states, We are extremely excited to move into our new facility, which will serve as a center for training our employees and to share our culture. The open design will enhance collaboration and new working methods for our teammates. Our company has been doing this for 81 years. This building and campus demonstrate our commitment to Daytona Beach, the surrounding area, and our teammates. We plan to keep doing it for at least another 80 years.

Brown & Brown is very proud to be involved in the renaissance of downtown Daytona Beach, commented J. Hyatt Brown. I would have never imagined the company’s growth and development when I started working here in 1959.

 According to R. Andrew Watts, We established a new work environment that encouraged collaboration, provided flexible work environments, and engaged our teammates just a little over two years ago. Even with multiple setbacks associated with COVID-19, we went vertical in July 2019 and obtained an occupancy certificate in about 18 months. In fact, most of the sub-contractors are from the Volusia County area, including RS&H, Barton Malow, Bomar Construction, Halifax Paving, Zev Cohen & Associates, CBI, and all of our key partners.

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