Good morning, Orlando!
If you recall, KPMG received $3.8 million in economic development incentives for the training center project, including $3.5 million in tax rebates from Florida and the city of Orlando for a seven-year period and a $320,000 Qualified Target Industries tax refund through the state, which is expected to create 80 jobs by 2019.
More here on what KPMG is requesting approval from the city to change.
The new KPMG center is expected to boost the local #economy by bringing thousands of employees into the market, creating new jobs at the facility and hundreds of third-party contract operator positions.
And be sure to check out these other Thursday headlines:
Hard Rock HQ’s Orlando departure to result in 184 layoffs
Orlando-based casino, hotel and restaurant operator Hard Rock International Inc. told the state via a Worker Adjustment and Retraining Notification notice, that it will lay off 184 workers starting in April through July. The company said the layoffs will be permanent. More here.
First look: Lake Nona teaching hospital plans reveal future expansion
The University of Central Florida and HCA Healthcare’s application for a new teaching hospital in Lake Nona gave a first look of the new facility and the medical spaces it will create. More here.
Orlando ‘Shark Tank’ star to roll out products in Walmart this month
Hummus king Jesse Wolfe has scored one his largest deals yet. His company O’Dang Hummus, featured on CNBC’s show “Shark Tank,” last summer struck a deal with Wal-Mart Stores Inc. (NYSE: WMT). And now, he will roll out his hummus salad dressing in 2,000 Walmart stores and neighborhood markets this month.
Ridership of Brightline — which eventually will extend to Central Florida — has exceeded expectations since the train began service between Fort Lauderdale and West Palm Beach, CEO Patrick Goddard told an audience at the Greater Miami Chamber of Commerce luncheon Wednesday. More here.
Florida House Speaker Corcoran says budget deal reached
House Speaker Richard Corcoran, R-Land O’ Lakes, indicated Wednesday afternoon that legislative leaders have reached agreement on a budget for the fiscal year that starts July 1. More here.
Disney opens StudioLAB to build VR, AI ‘entertainment experiences’
Walt Disney Studios is launching an initiative dedicated to virtual reality and artificial intelligence. StudioLAB will reimagine, design and prototype entertainment experiences and production capabilities to promote feature films, as well as music and stage plays.