Why Invest In Orlando?
Investing in Orlando is like owning a little piece of paradise. A world-renowned destination spot, Orlando has become an increasingly popular place to live year-round. The Orlando area is characterized by fantastic weather and an abundance of things to do and see. Of course, it is beloved for its theme parks: Walt Disney World, Universal Orlando® Resort, SeaWorld Orlando and many others. But it also beckons with world-class resorts, shopping opportunities for every budget, all-season golf courses, and some of the most enticing dining opportunities. Less known but equally inviting are the downtown sections of Orlando itself and many nearby towns in Central Florida – places that celebrate public art and take pride in offering a myriad of cultural opportunities.
Why Orlando? Why, indeed ...
- No. 1 in the U.S. for job growth four years in a row //(U.S. Dept. of Labor, Bureau of Labor Statistics, 2014 - 2018)
- No. 4 fastest growing U.S. city //(Forbes, 2018)
- Top 10 “American City of the Future” //(fDi Magazine, 2017)
- No. 3 best city to find a new job in U.S. //(WalletHub, 2019)
- No. 6 best big city for jobs
- Highest rate of STEM job growth in the country
- No. 11 leading metro for prime workforce
//(Area Development, 2018)
- 28 Orlando companies among fastest growing private companies in U.S.
//(Inc. 5000, 2018)
- No. 6 best foodie city in U.S.
Orlando is on the rise — both literally and figuratively. Look around the region and you’ll find new developments popping up all over. The region has a well-trained workforce for emerging industries, the second-largest university in the nation, A-rated schools and one of the top entertainment cities in the world.
Medical City in Lake Nona
It’s been called a new chapter in Orlando’s history. The 650-acre health and life sciences park known as Lake Nona Medical City is a landmark for Orlando and a premier location for medical care, research and education. Carefully planned and laid out, Lake Nona Medical City represents a deliberate strategy to create a centralized focus of sophisticated medical treatment, research and education in Central Florida.
In just the last seven years, Lake Nona Medical City has become home to some of the nation’s top hospitals, universities, research institutions and health and life science companies.
Beginning on April 2013, Downtown Disney has been transformed to Disney Springs. It’s a largely cosmetic makeover that will close to double the size of the existing area, though keeping many of its most popular venues while adding space for many new ones.
“Disney Springs will be a timeless, vibrant place where Walt Disney World guests and local residents can relax, shop, dine and be entertained in an imaginative setting where they’ll instantly feel at home.”
Tom Staggs, Walt Disney Parks & Resorts Chairman
Coming to Central Florida are three globally know brands: The Orlando Eye, Madame Tussauds and Sea Life Acquarium.
The Orlando Eye, the 400-foot cantilevered observation wheel at the heart of the complex, will be a little sister icon to London’s world-famous landmark, providing breathtaking views of Central Florida in all directions within fully enclosed, air-conditioned glass capsules.
Madame Tussauds, the world’s most famous celebrity wax attraction, provides visitors with the ultimate fame experience and its signature red carpet treatment. Madame Tussauds showcases incredibly detailed and lifelike wax figures that lovingly pay tribute to the most influential celebrity and historical figures of our time.
SEA LIFE Acquarium will offer a new wave of underwater adventures with beautiful displays of colorful fish, sharks, jellyfish, sea horses and more, that turn the traditional aquarium observation on its head. Winding tunnels, floor-to-ceiling tanks and bubble aquariums provide an immersive experience for children and adults alike. Additionally, the aquarium, known for its strong conservation efforts, will have unique educational components for young marine life enthusiasts.
“We believe that this is an exceptional group of attractions which will not only provide three quite different new experiences for visitors; but also together add an exciting new dimension to what is already available in the region.”
Nick Varney, Chief Executive of Merlin Entertainments PLC
All three attractions are scheduled to open in Spring 2015, in addition to numerous shopping and dining options in the complex, adding a new dimension to Orlando’s world-class entertainment options.
World Transportation Exchange
In the historic Eastonville, a multi-million development is in the works. The so-called World Transportation Exchange would be built near the existing Hungerford Prep, a school which has been empty the past few years. "You will find the EXCEPTIONAL, the UNIQUE, the UNAVAILABLE," proclaims the project website.
The WTE is the brainchild of Clearwater luxury-dealership manager Elliot Kahana, who has collaborated with a South Florida Exotic Car Club founder; an architectural company and development firm from Clearwater; and Zehel's realty group to develop an ambitious plan for what Kahana called the "Tiffany's" of automobiles.
The project would include up to eight stories of "transportation retail" featuring luxury brands such as Ferrari, Rolls-Royce, Lamborghini, Maserati, Aston Martin and Jaguar, as well as Prevost luxury RVs, Trinity and Christensen yachts, and Airbus helicopters and corporate jets.
"It's an entertainment complex that will house the world's most valuable, revered, sought-after high-end automobiles," Kahana said.
Plans also include a 200-room hotel with a 60,000-square-foot conference center, 200,000 square feet of other retail, 500 units of multifamily homes and 400,000 square feet of office space.
In addition, 16 acres would be returned to the town for an "Eatonville Festival Park," which would feature an amphitheater, educational facilities — a deed restriction requires an educational component — a farmers market and a "potential Jazz Hall of Fame."
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