![]() FUEL WILL BE PURCHASED,ELECTRICITY WILL BE USED JOBS WILL BE CREATED. MONEY WILL BE BROUGHT INTO THE COMMUNITY AND SUPPLIES WILL BE PURCHASED AND DELIVERED. What ever the buildings and grounds are used for it will be for the betterment of the community and the entire world of mankind. J/ 30 Comments / by Toby Tobin Tags: Jehovah’s Witnesses, Watchtower Everything had been maintained at a high level,” said Tallaksen. “Embry Riddle had been a good steward of the property. No major renovations are planned or needed. Watchtower plans to use the site as a training facility in much the same manner as did the FAA. We could not be more pleased with the outcome.” “As the seller, we wanted to make sure any buyer would continue to provide Palm Coast with the same level of economic activity as the FAA had and that they would maintain the beauty of the location. They are a quality organization,” said Rodney Cruise, V.P. “The people from Watchtower were great to work with. That lease expired at the end of 2012 when the FAA relocated their training mission and was not renewed. For years, the property was leased from Embry Riddle by the FAA as a training facility. The Flagler County Property Appraiser‘s assessed value is $8,891,305. The 13.45acre property has a 53,504 square foot administrative building and two 44,704 square foot dormitories, each with 100 rooms. The facility is at 4500 SE Palm Coast Pkwy, between the eastbound and westbound lanes, just west of the Toll Bridge. Claude Gardner, of Prudential Commercial Real Estate in Daytona Beach, represented the seller. ![]() Tom Tallaksen, of Watson Realty’s Palm Coast office, represented the buyer. Palm Coast, FL – J– Watchtower Bible and Tract Society of New York, an entity of Jehovah’s Witnesses, purchased the former FAA training facility in Palm Coast from Embry Riddle Aeronautical University for $7,025,000. Watchtower plans to use the facility in much the same manner as did the FAA. The facility was owned by Embry Riddle and had been leased to the FAA.
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