Holmes County Development Commission Announces Completed Transaction with Busy Bee
(December 12, 2024) BONIFAY, FL - The Holmes County Development Commission, in partnership with the Holmes County Board of County Commissioners, has completed the sale of an 86-acre property to Busy Bee, a family-owned business headquartered in Lake City, FL. The project promises significant economic growth for the region, with plans to develop a 55,000-square-foot travel center and additional commercial properties.
The development includes a new Busy Bee travel center featuring extensive food options, merchandise, and the cleanest restrooms along Interstate 10, creating approximately 100 jobs. Beyond the travel center, the project will develop the remaining 60+ acres with hotels, restaurants, and retail establishments.
Financial projections from an associated consulting firm indicate the completed site will generate:
- $23.8M in annual sales
- $1.8M in annual local and state sales tax revenues
- $200,000 in annual property tax revenues for Holmes County
As a community-focused gesture, Busy Bee has donated real estate within this tract for a new Bonifay Fire & Rescue station, enhancing emergency response capabilities in the region.
"This project represents a transformative moment for Holmes County," said Joe Rone, Executive Director of the Holmes County Development Commission. "We're not just selling land; we're creating a catalyst for economic revitalization that will benefit our entire community for years to come."
Elizabeth and Lucas Waring, Busy Bee owners, stated, "Our family understands the potential of rural communities. This development isn't just a business opportunity – it's an investment in the future of North Florida, bringing jobs, services, and economic vitality to a region that has always been close to our hearts."
Bonifay Mayor, Larry F. Cook, said “We are thrilled to welcome the Waring family to the City of Bonifay, along with the businesses, visitors, and new residents the development will bring. This landmark project and investment will significantly impact our community, creating opportunities and lasting benefits that will influence Bonifay for generations. Our city is truly fortunate to be a part of this pivotal moment.”
The project is expected to break ground in 2025.
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