These 37 tenants want space in Lake Nona Town Center

Some of the biggest retailers in the U.S. — from Dick’s Sporting Goods (NYSE: DKS) to Michael Kors Inc. — are targeting the yet-to-open $780 million Town Center, one of the biggest developments underway in southeast Orlando.

About 37 major retailers are interested in opening shops inside the development, according to documents obtained by Orlando Journal. Orlando-based Tavistock Development Co. LLC is currently working on the town center’s $300 million second phase.



The town center is expected to introduce about 80 shops and restaurants, a hotel, office space and more into the fast-growing 17-square-mile community. The documents are preliminary, and it’s unknown which retailers, if any, have signed lease agreements. The town center’s general contractor is Birmingham, Alabama-based Hoar LLC.

“This was an aspirational list that was not intended to be shared and includes retailers that are not yet confirmed,” Jessi Blakley, senior director of Development Co., said in an emailed response to a request for comment. “We continue to be excited about Lake Nona Town Center, which will serve as the defining anchor and amenity for Lake Nona, the fastest-growing community in Orlando. Ultimately, the 100-acre destination will feature more than 4 million square feet of entertainment, commercial, retail, and restaurant space at build-out. We look forward to making official announcements about confirmed tenants soon.”

Retailers and other companies have been attracted to the 17-square-mile Lake Nona, one of Central ‘s hottest communities. It notched the No. 15 spot among the nation’s top-selling master-planned communities with 523 home sales in 2017, John Burns Real Estate Consulting reported. Additionally, the community already boasts more than 11,000 residents, 5,000 employees in its 650-acre life sciences hub, plenty of new activity in the 300-acre Sports & Performance District, and more than 11,000 students at its schools.

At least three Lake Nona projects, including pop-up shops in shipping containers and a new corporate office, are expected to open by the end of the year.

Orlando Health snags Lake Nona-area land for expansion

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Orlando Health — a $3.8 billion nonprofit health care organization with nine area hospitals — has grabbed more property, this time in the area.

Health closed on the purchase of 15.13 acres of vacant land today, June 18, for roughly $9.9 million at the northeast corner of Dowden Road and Randal Park Boulevard.

The property was bought from Randal Park Investors LLC, which is developing a $25 million grocery-anchored shopping center on the northwest corner of State Road 417 and Dowden Road. Randal Park Investors— a joint venture between Winter Park-based BluRock Commercial Real Estate LLC and Orlando-based Intram Investments Inc.— bought the property from Colonial Properties Services Inc. in February for $3.5 million, county records showed.

Orlando Health said the new property will allow it to expand its services in the southeast Orlando area, but didn’t specify the exact use, but it could be to create a freestanding emergency room or more outpatient services.

Its competitor, Florida Hospital’s parent company, Adventist Health System/Sunbelt, also has a major interest in the growing Lake Nona market as it has a 67.24-acre site it bought in 2016 and another 15 acres it recently bought on Narcoossee Road on the north and south sides of Lake Nona Boulevard. likely will start with physicians and outpatient services, then add emergency services and eventually a hospital as the population grows, Hospital President Daryl Tol previously told Orlando Journal.

This purchase is one of several lands grabs Orlando Health has made in the past months. The nonprofit earlier announced plans to buy property in downtown Orlando and a new medical office building in Oviedo. Orlando Health also has been rumored to be under contract to purchase 51 acres in Apopka, which would be a new market for the healthcare system.

Developer plans new 2,558-acre community near Lake Nona

A planned 2,558-acre, mixed-use community going up near wants to change some of its plans.

The Starwood project, being developed by Beachline South Residential LLC on land south of State Road 528 and east of State Road 417, will add a high school and new signage into the mix of commercial uses and thousands of .

Applicant Dewberry Engineers Inc., which is the civil engineer and landscape architect for the project, sent a submittal to the city of Orlando to amend the future land-use map and planned-use development map. The request will be discussed at a June 19 municipal planning board meeting.

“The changes are mostly the result of an agreement reached with Orange County School Board regarding placement of a high school site within the development,” the project description reads. The changes are also a result of the road realignment on Dowden Road.

Beachline South Residential LLC, an entity of Palm Beach Gardens-based Land Innovations LLC, wants to build:

  • Office space on 1,680 acres
  • Commercial space on 81 acres
  • Public recreation and institutional areas consisting of 65 acres
  • Industrial space on 33 acres
  • Roughly 670 acres will be set aside for conservation.

The development team also includes Donal W. McIntosh Associates Inc. as the surveyor, VHB as the traffic consultant, Bio-Tech Consulting Inc. as the environmental consultant and Devo Engineering Co. as the geotechnical engineer.

Proposed home sites will range from 20-foot townhome lots to 70-foot estate lots, Mattamy Homes said in a news release. Communities amenities will include centers of different sizes throughout the community as well as a more than 20-mile system of interconnected walking trails and bike paths.

“Orlando continues to demonstrate that it is one of the strongest markets in the state of , as evidenced by the positive demographic trends including employment and population growth,” Mattamy Homes Orlando Division President Alex Martin previously said in a prepared statement. “We consider the Starwood Property an excellent complement to our existing Randal Park community and an opportunity to maintain our strong presence in this highly desirable and rapidly growing area of Central Florida.”

Jay Thompson, Land Innovations managing partner, had said the home prices would start at about $230,000 and go up to $1 million.

KPMG’s new $430M Lake Nona training complex

 

 

 

New York-based KPMG LLP, one of the world’s Big 4 accounting firms, will implement lots of useful technology for its employees at its new $430 million,  55-acre training facility in Lake Nona that will feature 800 guest rooms for the thousands of out-of-town employees who will come to town each year.

For example, one aspect will be technology that can guide visiting employees to their rooms at the new KPMG Training & Innovation Facility at 9313 Blvd., which is set for completion in 2019. It’s important to make it simple for people to navigate through the center, as it will generate about 48,000 annual visits to with roughly 1,000 passengers flying in and out of the Orlando International Airport each week. “It’s an 800,000-square-foot facility — you’re going to need to know where to go,” said Bill Flemming, KPMG’s managing director and head of management, during the 2018 State of Lake Nona Real Estate event on May 9. “We will use beacon wayfinding so you will be tracked via your cell phone to know where you are and direct you to know where to go in the building.”

The Orlando International Airport also uses beacon wayfinding to help travelers find restaurants and terminals.

The technology will take the KPMG experience a step further by preparing the guest’s room before they enter. “When you step off the plane at the airport, your iPhone will direct you to your room, and as you get closer to the facility, the phone will turn on [connection to] the room to get the climate control, the TV station you want— it gets the room ready for your specifications,” Flemming said.

He noted that this technology along with special amenities at the campus will help lure in top talent. “Part of the reason we are building this facility is that there’s a fight for talent out there. We have to have a cutting-edge building that attracts people and says ‘this company reflects training, innovation, and state-of-the-art design,’ ” he said. “We have amenities that make it a holistic experience. Not only do you come in for training, but we also want people to be relaxed and understand teamwork dynamics.”

For example, there’s going to be a social venue with a restaurant, a bar, and outdoor and indoor recreation facilities, as well as relaxation rooms.

Site grading for the facility began last year. Flemming said the team has been working through design plans over the year, and to speed up the construction timeline for the project, KPMG is prefabricating 800 restrooms, which will simply slide into the building. The firm also is prefabricating the exterior walls in an offsite warehouse.

Once the training center is open, it’s expected to create an enormous economic impact by bringing thousands of employees into the market and creating at least 80 high-wage jobs at the facility. Lynne Doughtie, CEO and U.S. chairman of KPMG, previously told Orlando Journal that KPMG is expecting to create 250 jobs in the next couple of years.

USTA National Campus to expand

The U.S. Tennis Association National Campus revealed that it wants to score more land for a future expansion to its 64-acre Lake Nona campus.

The $100 million campus, the largest tennis training center in the nation, wants to acquire adjacent land from developer Tavistock Development Co. LLC, Kurt Kamperman, the ‘s chief executive for community tennis and the campus, told  Business Journal during the Orange County Property Appraiser’s 2018 State of event on May 9.

was not immediately available for comment.

Kamperman said he’s talking with Tavistock about “trading a few pieces of land” for the expansion and that the newly acquired land would be within 100 yards or so of the existing USTA campus. “We’re working with Tavistock to find some adjacent land that would give us the opportunity to build a small stadium court for events and possibly have additional indoor courts.”

The reason behind the need for more indoor courts is basic: During the rainy season in July and August, the organization has only six indoor courts for people to use, Kamperman said.

Meanwhile, adding a small stadium court/amphitheater will allow the USTA campus to accommodate larger tennis events. “We would like the ability to host the Davis Cup or Fed Cup and the ability to host smaller professional events,” Kamperman said. “It’s not a set plan, but we would like to have that opportunity down the road.”

The campus currently has 100 tennis courts ranging from green clay to hard, acrylic cushion courts, indoor courts and European Terre Davis red clay. It also incorporates smart technology, allowing the players to record and review their movements, mistakes, and training.

Johnson & Johnson institute’s new HQ to go in Lake Nona’s Medical City

 

Although it was known earlier this year that New Brunswick, N.J.-based Johnson & Johnson’s (NYSE: JNJ) Human Performance Institute planned to expand in Lake Nona, but many assumed its new headquarters would be built near its existing building that’s located at 9757 Club Drive, which has been there for about 20 years on the north side of the southeast Orlando community near the North Lake Park neighborhood.

And now it’s been revealed that the company plans to construct its new $18 million, 34,480-square-foot office building about five miles southwest of its existing 17,000-square-foot location. The headquarters — being developed by Tavistock Development Co. LLC — will go in Lake Nona’s 650-acre life sciences hub known as on 7.7 acres at the southeast corner of Medical City Drive and Laureate Boulevard.

The vacant site at 6614 Laureate Blvd. is south of the existing Sanford Burnham Prebys Medical Discovery Institute at Lake Nona and southwest of the parcel where the University of Central Florida and Nashville, Tenn.-based Hospital Corp. of America (NYSE: HCA) plan to build a teaching hospital.

Once completed by year’s end, the new headquarters of the Johnson & Johnson Human Performance Institute — a division of Johnson & Johnson Health & Wellness Solutions Inc. — will create 25 high-wage positions and draw Fortune 500 companies, professional athletes and military special forces to Lake Nona to work on achieving mental and physical high performance.

The institute chose the site for its new headquarters because “this was really one of the best places to locate [those services] to and go deeper into Medical City with these cutting-edge companies and technologies that are here,” Lowing Kibbey, global head of the institute, previously told Orlando Journal. “That was really our focus, to be in a place where there are that vitality and innovation.”

Check out the site plan and see the photo gallery above for more on the one-story Medical City building.

Tavistock exec’s commitment is building Lake Nona’s sports empire

Lake Nona is one of Central Florida’s fastest-growing regions and a hotbed for new development in all aspects including and wellness.

Inside Lake Nona is a burgeoning 300-acre sports district that’s home to the U.S. Tennis Association’s $100 million USTA National Campus and the future $20 million Orlando City Soccer training facility.

The sports district also has plans for a new eight-story Lake Nona Resort catering to sports performance and well-being, plus a planned water sports park.

Further, the region intends to seek to become the home of USA Gymnastics. The team is leaving its Texas home for a new location and Lake Nona executives have voiced their desire to bring the team here.

At the head of many of those discussions is Andy Odenbach, vice president of sports ventures with Development Co. He is spearheading many efforts by the firm to develop Lake Nona into one of the most cutting-edge sports communities in the world.

Here, Odenbach tells Orlando Journal more about future plans, his goals for 2018 and more:

What are your business goals for 2018? We are working on a number of significant projects right now at Lake Nona. Unfortunately, a number of non-disclosure agreements have been signed that keep me from getting too specific, but if we can announce at least two, then it will be a great 2018.

What are your personal goals for 2018? To make sure I am maximizing quality time with my teenagers. We already have one at Florida State University, and before you know it, the other three will be out of the house, too. I also am looking to shave a few minutes off my time at St. Anthony’s Triathlon in St. Petersburg at the end of this month.

What’s the latest on the efforts to bring USA Gymnastics to Orlando? They still have plenty of things they are working through with a new CEO. I wouldn’t be surprised if a request for proposals is released in the next few weeks.

If you could add anything sports-related besides gymnastics to Lake Nona, what would that be? We recently announced a 110,000-square-foot-plus, medically-integrated fitness facility, in partnership with Signet and Integrated Wellness Partners, last month during the Lake Nona Impact Forum. We need to nail the design, programming and partners. If we do this right, it will become a resource that other national governing bodies, professional athletes and amateur athletes all will want access to, regardless of where they live. You will love being a member to access everything this center will have.

What about the culture of Lake Nona impresses you most?People generally want to be a part of something bigger than themselves. At Lake Nona, people recognize that we are building a city within a city – together. The “together” part is critical to the culture. It’s not about a developer and the residents who happen to live there. It’s an entire ecosystem of people, families, workers, companies, ideas and values that together create this place where great things can happen.

What’s a motto you live by? If you’re going to commit yourself to something, then make sure you are “all in” and give it everything you’ve got. This isn’t just a work thing, it’s a parent thing, it’s a spouse thing, it’s a personal thing, as well. If you can’t give a maximum commitment, then don’t do it. I learned it the hard way, by having those moments when I didn’t fully commit and ended up being disappointed with myself.

Who inspires you to get up and work every day? I used to get up and grind every day for me, but now it’s for my kids. I’m simply hoping the hustle wears off on them.

What do you do to wind down after a busy day? Cook or have a glass of wine with my wife on the couch. Sometimes both.

What are your top three sports or physical activities? Swim, bike, run and golf — oops, that’s four.

What’s your guilty pleasure food? Do India pale ales count? There are lots of carbs and calories in there.

What current businessperson inspires you? I was invited to a KPMG women’s leadership summit and was really impressed with Ginni Rometty, CEO of IBM. She is intelligent, well-spoken and knew the ins and outs of her business. Nothing was given to her and, most importantly, she really seemed to care about her employees and customers. I truly believe if you care about your customers and care about the people who work for you, the results will be there.

Who is a non-living businessperson that inspires you? Anyone who had the courage to create something incredible when society told them they were nuts. Think Henry Ford, Walt Disney, Steve Jobs or the Wright Brothers. I’m a sucker for big ideas and perseverance.

What is the biggest lesson you’ve learned in your career? Stay humble, stay hungry, listen, help everyone you can and don’t take yourself too seriously.

Lake Nona area to get new grocer, restaurant and more

Emerson International Inc. wants to build a new retail center in southeast near .

The Altamonte Springs-based development firm is seeking approval from the Orange County development review committee on April 11 to build a 40,600-square-foot retail center in the Eagle Creek community. The $6 million-$8 million commercial center would be built on 8.29 acres of undeveloped land at 13615 Narcoossee Road.

The project will include:

  • A 21,900-square-foot grocery store
  • A 5,000-square-foot restaurant

Civil engineering firm VHB and C4 Architecture are working on the retail project. A new shopping center brings with it opportunities for companies, vendors and people looking for jobs, as well as retailers that want a presence near Lake Nona.

The overall 67,500-square-foot lot is part of the mixed-used Eagle Creek community that fronts Narcoossee Road.

The community has The Sanctuary at Eagle Creek, a 282-unit apartment complex, and townhomes dubbed the Curzon Place Golf Villas, developed by Emerson International.

Tavistock adds 2 buildings, bike paths to $780M Lake Nona Town Center

 

The $780 million retail and entertainment complex underway in is getting an estimated $19 million-$27 million worth of new buildings and will be transit-friendly.

Development Co. LLC submitted an amendment to the city of Orlando to establish a town center bicycle parking plan for the second phase of the town center in addition, it includes the addition of land and projects not previously included in the framework Specific Parcel Master Plan approved last year. The new additions include:

  • A four-story parking garage dubbed Building B Garage that will have 840 spaces and 324,000 square feet, for an estimated $50-$70 per square foot, or $16.2 million-$22.7 million, according to industry standards.
  • A one-story commercial building called Building N that will house 27,871 square feet of commercial space for an estimated cost of $100-$150 per square foot, or $2.8 million-$4.2 million.
  • A 175 space surface parking lot, at an estimated cost of $1.25-$1.50 per square foot, according to industry standards. A lot of that many spaces likely would run about 37,000 square feet, at a cost of $46,250-$55,500.

The development group also recently announced that a 110,000-square-foot wellness center with a rock-climbing wall, swimming pools, and high-tech equipment is planned for the second phase of the Lake Nona Town Center.

The first phase of Lake Nona Town Center already opened and includes Class A office space, a dual-branded Courtyard by Marriott and Residence Inn by Marriott hotel, retail and restaurant space and a multilevel parking structure attached to a six-story digital art monument called , on which lights, colors, images and scenes set to music are projected to create a show. At full build-out, the town center will have more than 4 million square feet.

Lake Nona City Park Details – East Airfield and Laureate City Parks

News » Features » Lake Nona City Park Details – East Airfield and Laureate City Parks

 

 

 

 

 

Two new parks are breaking ground in Lake Nona on Thursday, September 7th, 2017. Laureate City Park and East Airfield City Park will both be completed in 2018 and provide Lake Nona residents great options for fun, exercise, and relaxation. We’ll have more details after the groundbreaking ceremony.

Mayor Buddy Dyer and District 1 Commissioner Jim Gray will join with Development Company leaders and community members for the official groundbreaking ceremony for two new city parks in the City of Orlando’s fastest growing community, Tavistock’s Lake Nona. Both parks are planned to open in Summer 2018.

In the northern portion of Lake Nona along Dowden Road and nearby Lake Nona’s Northlake Park neighborhood, East Airfield Park will include four ball fields; a softball field, Babe Ruth/Pony field and two Little League fields with spectator bleachers, a scoreboard and lighting for evening games. In addition, a central pavilion will provide a shaded concession area and restrooms. The park will also include a playground and trails that link you to Lake Nona’s 44-mile trail system.

Further to the south within Lake Nona’s neighborhood, Laureate City Park will include four multi-purpose fields, a practice area, fitness station, playground and pavilion, concession building, and trails along with ample parking. Laureate City Park will be located at the intersection of Hartwell Road and Kellogg Avenue – within walking distance of the new OCPS Laureate Park Elementary School.