Mori Hosseini makes the case for Embry-Riddle & Volusia County's future
DAYTONA BEACH, Fla. -- Having already secured seven partnerships for its planned research park, Embry-Riddle Aeronautical University administrators appeared Thursday in front of the Volusia County Council asking for $1.5 million and to purchase county-owned land for half its value adjacent to the Daytona Beach campus.
And they brought a businessman to make the pitch. Not just any every-day businessman, mind you, but one of the most powerful and passionate, who happens to be the chairman of the board for ERAU -- Mori Hosseini of ICI Homes. And Hosseini delivered a promise on their behalf: $1.8 billion value in economic development and creation of jobs with salaries as high as $100,000, as the return on their investment down the line.