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Okaloosa County approves $2 million to convert old BeachBank into ‘tourism hub’ in Crestview

The Okaloosa Board of County Commissioners on Tuesday discussed purchasing the old BeachBank building located at 5131 Ferdon Boulevard in Crestview and converting it into a north county tourism hub. The building, constructed in 2009, features class A interior offices and comes furnished with built-ins, furniture and office equipment, he said. “The intent is to make this […]

Taylor Allen Properties LLC

The Okaloosa Board of County Commissioners on Tuesday discussed purchasing the old BeachBank building located at 5131 Ferdon Boulevard in Crestview and converting it into a north county tourism hub.

  • The nearly $2 million purchase would turn the modern-style, 6,260-square-foot building on State Road 85 into a “visitor venture outpost,” said Deputy County Administrator Craig Coffey. 

The building, constructed in 2009, features class A interior offices and comes furnished with built-ins, furniture and office equipment, he said.

“The intent is to make this an interactive center that really gets people to stop, gets them to interact with us and sets the tone for the tourism adventure they have ahead of them,” Coffey said.

Lobby area (Taylor Allen Properties LLC)

The Tourism Department plans to use the lobby area, nearly 1,750 square feet, for interactive visitor displays.

A 1,000-square-foot former drive-thru teller area could be repurposed and the site offers a conference room and many ‘ready-to-go’ offices for staff.

Drive-thru area (Taylor Allen Properties LLC)

The building’s prominent location near I-10 (intersection of PJ Adams and SR 85) would funnel visitors exiting the highway, Coffey explained. Its architecture and move-in ready amenities make the purchase a better value than constructing a new building.

  • The facility would provide concierge services for visitors and serve as a hub for county tourism staff activities and planning future tourism projects in northern Okaloosa, Coffey said.
Office space (Taylor Allen Properties LLC)

Commissioner Nathan Boyles said he supported the purchase but emphasized the need to show local residents direct benefits from expanded bed tax district projects. Boyles suggested incorporating recreational amenities at the site locals could also enjoy.

Commissioner Trey Goodwin said the project shows the county’s investment in boosting tourism in northern Okaloosa.

The commission unanimously approved the $2 million purchase and up to $500,000 in initial renovations (using tourism dollars). The facility could open this spring after renovations.

Building layout (Taylor Allen Properties LLC)

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Community Comments

“Praying firvofficer and his family”
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“Wife and I were thinking of making an offer for the property. What a beautiful home site it would make”
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“No, buying the ship was a great idea and will be a wonderful place to snorkeling, and scuba diving.”
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“SPC beach bars have been successful for Decades. We have a large loyal and captive group! The Sand Flea family of restauranteurs have ways succeeded and will drawer other beach...”
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“I agree with the idea of making it an event place. Whether for weddings or parties or businesses that want to hold lectures or meetings.Also a place for groups like...”
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“I second that thought, please quit trying to make Fort Walton another Destin. And anything to do with that that 10 million dollar ship they bought to sink is ridiculous!”
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“I like the idea of it being an event rental space, it would be beautiful for weddings and receptions, but another "charter boat hub", please quit trying to make Fort...”
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“Why not fix the dog parks adjacent to red lobster?”
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“They spend 3.75 MILLION dollars of tax payer money and don't know what they are going to do with the property? If your child came in your home and said...”
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“If Walton County was not so greedy and decided to “TAKE” what they wanted instead of “buying” it like other areas (Destin/Okaloosa County)have, this might have never been a problem....”
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