Published on March 19, 2008
Slide1: Relocating to Central Florida ? Here’s what you need to know about our top four areas… How did we get here?: How did we get here? Industries shaping our landscape…: Industries shaping our landscape… Our Top 4 Areas…: Our Top 4 Areas… North – AAA World HQ, Siemens, FiServ, and Veritas East – UCF, Orlando Research Park, US DoD Simulation Research Division, Northrup Grumman Otown - Adventist Health Systems, Wachovia, CNL, and Suntrust Southwest - Walt Disney World, Universal, MGM, Sea World, Lockheed Martin North – Lake Mary / Sanford: North – Lake Mary / Sanford Pro’s – Alaqua Lakes & Timicuan Golf & Country Club, close to major employers, newer construction, schools, and shopping Cons – Difficult commute to downtown due to heavy West bound traffic and smaller home sites Major Employers: AAA World HQ, Siemens, FiServ, Veritas, Convergys, and Chase Card Services North – Lake Mary / Sanford: North – Lake Mary / Sanford Retreat at Wekiva, Gated, 3 bdrm, 2 bth, 2,019sf $381,000 Lake Forest, Gated, 4 bdrm, 3+bth, 3,474 sf $887,500 SW Tourism and Film: SW Tourism and Film Walt Disney World, Universal Studios, MGM, Sea World, and Lockheed Martin SW Tourism and Film: SW Tourism and Film Pro’s – Many country clubs and great golfing close by, Tibet Chain of Lakes, new construction is readily available Cons – Difficult commute to downtown due to traffic, Limited in city alternative routes Major Employers: Walt Disney World, Universal Studios, MGM, Sea World, Lockheed Martin, and Marriott SW Tourism and Film: SW Tourism and Film Summerport, 3 bdrm, 2 bth, 2,081sf, $395,000 Keene’s Point, Gated, 5 bdrm, 4 bth, 3,450 sf, $785,000 Otown – Downtown Redevelopment: Otown – Downtown Redevelopment Major Employers: Adventist Health Systems, Wachovia, CNL, and Suntrust Otown – Downtown Redevelopment: Otown – Downtown Redevelopment Pro’s – Close to sports and entertainment events, caters to both young and old, close to major employers, new construction Cons – Difficult commute in town and have to travel to regional malls for shopping Major Employers: Adventist Health Systems, Wachovia, CNL, and Suntrust Otown – Downtown Redevelopment: Otown – Downtown Redevelopment Sanctuary, Floor 8, 1 bdrm, 2 bth, 1,325sf, $394,000 Thornton Park, 4 bdrm, 3 bth, 2,974 sf, $710,500 East High Tech / Bio-Medical Corridor: East High Tech / Bio-Medical Corridor East – UCF, Orlando Research Park, US DoD Simulation Research Division, and Northrup Grumman East High Tech / Bio-Medical Corridor: East High Tech / Bio-Medical Corridor Pro’s – Close commute via toll road to downtown, wide range of housing options, new construction Cons – Minimal Major Employers: UCF, Orlando Research Park, US DoD Simulation Research Division, Digital Media Companies, and Northrup Grumman East High Tech / Bio-Medical Corridor: East High Tech / Bio-Medical Corridor Northshore, 4 bdrm, 3 bth, 2,929 sf, $475,000 Stoneybrook, 5 bdrm, 4 bth, 4,485 sf $745,000 East High Tech / Bio-Medical Corridor: East High Tech / Bio-Medical Corridor MAJOR 2007 BUSINESS HAPPENINGS, DEVELOPMENTS AND ECONOMIC TRENDS IN METRO ORLANDO THAT HAVE A NATIONAL IMPACT Biotech and medical technology industries are emerging, thanks to several recent announcements and projects that include: the University of Central Florida’s new medical school and health care campus, and leading R&D work coming out of UCF Metro Orlando is also home to the headquarters of CuraScript, a national pharmaceutical distributor, which is expanding in the region. Sports and game development is taking off. Electronic Arts’ Tiburon studio in Orlando is expected to create 650 new jobs and $8.4 million in capital investment. They are the largest developer and publisher of interactive entertainment software. Orlando is becoming a center for digital media. Several local animation companies have opened up in the last year, as well as a new digital media school. Slide17: Burnham Institute chooses Orlando South Florida Business Journal - August 23, 2006 The Burnham Institute for Medical Research has picked Orange County over Port St. Lucie for its East Coast campus to house 300 employees. State lawmakers have approved $155 million out of the state's $200 million Innovation Incentive Fund for the 175,000-square-foot facility. The La Jolla, Calif.-based nonprofit would have helped diversify the St. Lucie workforce, currently focused on residential home building. As it is, the choice will help Orange County diversity its economy away from service industries such as theme parks. In the county, Burnham said it plans to expand its capabilities in chemistry, pharmacology and functional genomics to complement and fortify its commitments to cancer, degenerative diseases and infectious diseases. The institute pointed out its Florida research will also allow expansion into other areas such as diabetes and obesity research. East High Tech / Bio-Medical Corridor Slide18: VA hospital to go in Lake Nona Orlando Business Journal - March 2, 2007 The Veteran's Administration announced late Thursday that it chose Lake Nona as the site for Orlando's planned new $560 million VA Medical Center. Lake Nona is one of six southeast Orlando sites considered by the VA. Several things the VA wanted in a site included nearby residential areas for employees, as well as shops, restaurants and public transportation. The VA also sought a site located on a major road system, making it accessible to the area's 92,000 veterans. It also needed to be conducive to having a helipad. The plans call for a medical campus with more than 1 million square feet, including a 134-bed hospital, a 120-bed nursing home, a 60-bed assisted living facility/transitional housing and a veterans' benefits administration mini-service center. When complete, the VA complex could employ up to 2,000 people. The announcement comes on the heels of Nemours Foundation's decision to select Lake Nona for its proposed freestanding children's hospital. The site also will be home to the University of Central Florida's new medical school and the Burnham Institute for Medical Research's Florida satellite lab. East High Tech / Bio-Medical Corridor Slide19: For any additional information please contact: Ron Acker or Lee Acker RE/MAX 200 Realty [email protected] 800-458-6863 x227 Thank You!