DIX Developments Ashton Park named in UHAUL's fastest growing cities in the USA in 20

ORLANDO, Fla. - Jan. 16, 2024 - PRLog -- DIX DEVELOPMENTS ASHTON PARK PROJECT named in UHAUL's list of fastest growing cities in the USA in 2023.

Palm Bay-Melbourne Soars to Top of U.S. Growth Cities, Fueled by Jobs, Ashton Park Development, and Sunshine

Melbourne, FL (January 16, 2024) – Florida reigns supreme once again as the Sunshine State takes seven of the top 25 spots on U-Haul's list of fastest-growing U.S. cities in 2023. Leading the pack with the most one-way U-Haul movers is the dynamic Palm Bay-Melbourne market, experiencing an influx of new residents drawn to its booming economy, vibrant community, and year-round sunshine.

"The Palm Bay-Melbourne area is exploding," says Cal Conner, President of U-Haul Company of Eastern Florida. "Over 54% of our one-way U-Haul traffic is arriving in the region, with major companies like Embraer, SpaceX, and Lockheed Martin fueling job growth and driving a lower cost of living compared to many high-priced cities."

Further underscoring this explosive growth is the development of Ashton Park, a massive mixed-use project in Palm Bay that's transforming the landscape. This 1,512-acre master-planned community boasts over 6,700 residential units, 5.4 million square feet of commercial space, and an estimated $3.3 billion projected buildout value. Ashton Park is expected to create upwards of 13,700 jobs and attract 15,500 new residents, adding a significant boost to the Brevard County economy.

Fueled by major projects like the Blue Origin space program, a $100 million aquarium, and a Margaritaville resort, Brevard County is experiencing unprecedented growth, creating a staggering demand for housing and commercial space. "This booming development surge necessitates innovative solutions," says James Dicks, CEO of DIX Developments. "Ashton Park is strategically located to answer this crucial need."

"Palm Bay-Melbourne's success is a perfect storm of economic opportunity, affordability, and quality of life," says Mayor of Palm Bay, Jeff Flowers. "Ashton Park is a pivotal development, attracting businesses and talent while contributing to a vibrant community. We're thrilled to be at the forefront of this exciting growth."

About DIX Developments

For over 35 years, DIX Developments has transformed Central Florida, leaving a legacy of thriving communities and high-yielding real estate projects. DIX Developments' impact stretches from Palm Bay to Crystal River. As the driving force behind Ashton Park, DIX Developments continues its commitment to shaping the future of Central Florida, crafting vibrant spaces that elevate not just properties, but entire communities.

Contact:
www.DIXdevelopments.com

Headquarters
205 S. Eola Drive
Orlando, FL 32801

Call us.
Scott Prewitt
Executive V.P. Business Development
407.542.6120
Jerry Smith
Director Capital Markets
917.287.0787

Email us.
info@DIXdevelopments.com