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Transcript of City Center
i 205 East Central Blvd, Orlando, FL 32801
Property Information
Sec$on 1:
Jere’ Matheny, Chief Business Development Officer David Toro, Physicist, Global Marketing & Technical Director
Presented By:
Corporate: 407-‐697-‐2176 Email: ThePor:[email protected] Website: YesOrlandoFl.com
“Welcome To City Centre: A Contemporary Office Space in the True Geographical Center of the City with Lake Front Views”
“Palatial office space that offers incredible 360° views of Lake Eola and the Downtown Skyline. In addition, the suite offers a host of Amenities, including private underground parking, ample customizable floor plans, and the convenience of downtown location amenities. An unparalleled asset in its class!”
City Centre’s Geographical Location Is Ideal For Business
In the heart of Orlando’s central business district
Convenient to executive neighborhoods
Within walking distance of the Courthouse, City Hall, Future Performing Center, Amway Center, major hotels and numerous restaurants
Easy access to I-4 and SR 408
Average Daily Traffic Volume 183,000 $400 million annual retail trade potential within a 5-minute trade area Public transportation hub including bus, free Downtown Circulator, and near future Sunrail Commuter Rail $380 million Amway Center and a new Performing Arts Center opening 2013 Home to newly opened Publix Supermarket a 1,200 seat, 12-screen cinema And Much more…..
Capital Plaza Two Class A Space
Capital Plaza One Class A Space
Waverly & Publix Luxury Condos
City Centre B+ Class Space adjacent to Lake Eola
Simply Unparalleled Location
Lease Options
Space Available: 4,628 SF Rental Rate: $22/SF/Year Lease Term: 60 Months No. Parking Spaces: 1-22
Space Available: 5,287 SF Rental Rate: $22/SF/Year Lease Term: 60 Months No. Parking Spaces: 1-22
Space Available: 5,481 SF Rental Rate: $23/SF/Year Lease Term: 60 Months No. Parking Spaces: 1-22
Penthouse Suite Fourth Floor Premium Suite Third Floor Deluxe Suite
Gross Area: 6,015 SF Leasable Area: 4,628
$22/SF
Third Floor Lease Spacious, bright, private, and easily customizable space with beauIful views of Lake Eola.
Fourth Floor Lease
Gross Area: 6,015 SF Leasable Area: 5,287
Spacious, bright, private, and elegant space with beauIful views of Lake Eola.
$22/SF
Sixth Floor Lease Gross Area: 6,015 SF Leasable Area: 5,287 SF
The penthouse suite offers unparalleled 360° degree view of the downtown skyline. In addition it has a great layout distribution that is conducive to conducting ample business operations.
Penthouse Suite
Private Parking:
First Floor Parking Second Floor Parking
Enjoy the allure and luxury of a simple Downtown Parking Experience. Walk in to the elevator and off into your private suite in minutes!
Below are A few Businesses Located Close to the City Centre
L City Centre
Local Economic Activity
Sec$on 2:
City Centre is one of Orlando’s Treasured Historic commercial assets located in Downtown Orlando. Totaling 20,855 square feet and completed in 1925, the asset is poised to impress, with complete skyline views of the business district and Lake Eola.
INVESTMENT HIGHLIGHTS
Property Area Descrip$on
Orlando is located in the central region of Florida. It is the county seat of Orange County, and the center of the Greater Orlando MSA. According to the 2010 United States Census, the city had a population of 238,300 making Orlando is the fifth largest city in Florida, and the state's largest inland city. The city is best known for the Walt Disney World Resort (located approximately 21 miles southwest of Downtown Orlando in Lake Buena Vista), founded by the Walt Disney Company in 1971, and for the Universal Orlando Resort (which consists of two parks, Universal Studios Florida and Islands of Adventure, as well as other attractions, including City Walk). Orlando is also home to the SeaWorld theme park, Gatorland, as well as Wet 'n Wild Water Park. The city's famous attractions form the backbone of Orlando's tourism industry, making the city the most visited American city in 2009. The city is also one of the busiest American cities for conferences and conventions. Orlando is also home to the University of Central Florida, which is the second largest university in the United States in terms of enrollment as of 2011.
• • • •
Located at the core of all planned public developments Billions of dollars will be invested for the moderniza8on of Orlando’s Downtown Business District Located in the center of all business and retail ac8vity in Central Florida. Orlando AAracts over 51 Million Tourists a year
Orlando has become one of the largest simulation and training clusters in the world, which has fueled rapid-and-related growth in the local entertainment-technology industry. Orlando’s digital media industry hosts more than 1,200 companies, 30,000 employees and collective annual revenues estimated at $9 billion. The vision of Mayor Buddy Dyer and the Orlando City Council is to build on the success of Orlando’s digital media industry by redeveloping the existing 68-acre Amway Arena site into a Creative Village – a one-of-a-kind place where high-tech companies locate; and employees of those businesses and other residents live, work, learn and play.
“An estimated Capital Investment of $1 Billion Dollars have been designated to establish the creative village 3 blocks West of the asset…”
Start: 1st Quarter 2012 Comple:on: To Be Determined
Orlando’s Economic Indicators
Job Distribu$on:
Locally in the Orlando Metropolitan area Unemployment is being reduced, Air Passengers increased, building permits increased, consumer spending increased, and employment and wages have increased. These are all positive Indicators that correlate and point towards improved economic conditions.
“We are now seeing significant shifts in the economic weight of the top producing US cities. In three decades, Orlando rose 26 places to rank as the 25th top producing city by GDP in the nation.”
Top 30 Producing Cities (Real GDP accounts for year to year inflationary effects)
Orlando Demographics
Population Growth estimates and household income are both currently on the rise in line with increasingly favorable economic conditions. The average household income within a three mile radius of the City Centre building is a healthy $61,414.
Orange County, $45,140
Seminole County, $57,802
Lake County, $42,033
Osceola County, $42,413
$44,409
$40,000
$45,000
$50,000
$55,000
$60,000
2006 2007 2008 2009 2010
Household Income By County
2006 2007 2008 2009 2010
Orange County $48,986 $51,101 $50,750 $46,897 $45,140
Seminole County $56,757 $56,011 $58,104 $56,283 $57,802
Lake County $41,871 $46,797 $45,020 $42,081 $42,033
Osceola County $44,951 $48,322 $45,972 $42,753 $42,413
State of Florida $45,495 $47,804 $47,778 $44,736 $44,409
“Medium Household Income in the Region has stabilized and we are beginning to see positive economic indicators hinting at increased regional growth.” - The Portfolio Group
Orlando Demographic Data Median Household income by County
Orlando Area’s Age Distribution is comparable to large cities with large Gross Domestic Product contributions to the National GDP.
199,167
238,960
248,179
262,649
190,000
200,000
210,000
220,000
230,000
240,000
250,000
260,000
270,000
Orlando Population Growth increased by 20% from 2000 to 2010 and it is expected to increase by 5.8% from 2012 to 2017.
2000 2010 2012 2017
Census Census Estimates Projections
Orlando Demographic Data Population Growth and Age Distribution
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
Ages 0 -‐ 19 Ages 20 -‐ 44 Ages 45 -‐ 64 Ages 65 +
Miami New York Philadelphia Milwaukee Sea]le Orlando Las Vegas San Diego Los Angeles
65.055
69.773
75.316
81.961
91.294
98.898
104.477
102.096
98.923 99.469
102.055
Orlando Metropolitan Area Overall GDP
Gross domestic product for the city of Orlando has grown from 65 billion dollars in 2001 to a 102 billion dollars in 2011.
Por`olio Group Research℠
GDP Growth Of The Orlando Metropolitan Area (in billions of dollars)
Billion
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Orlando Trade Demographics The Orlando Metropolitan Area is currently ranked 29th out of 366 Metropolitan areas studied in the United States by the Bureau of Economic Analysis in the United States. Our area boasts a gross domestic product (GDP) of more than $100 billion dollars.
Below is a list of the industries that are a strong component of the GDP and are found in the Orlando Metropolitan area.
ESTABLISHMENT ACTIVITYRecent Expansions to Metro Orlando Company IndustryAcAe Information TechnologyACD Search Optimization Business ServicesAdvanced Solar Photonics LLC ManufacturingBlue Earth Solutions Clean TechCalvert Manufacturing, Inc. ManufacturingDigital Risk, LLC Business ServicesThe DiSTI Corporation Modeling, Simulation & TrainingDunkin’ Brands, Inc. DistributionEZ Yield Global, LLC Business ServicesFiserv Information TechnologyIndustrial Lighting Products ManufacturingInnovative Medical Device Solutions (IMDS) Life SciencesJHT, Inc. Modeling, Simulation & TrainingMillenium Luxury Coaches ManufacturingMYMIC LLC Modeling, Simulation & TrainingNIIT Healthcare Technologies Life SciencesRapter Technology Group EnergyTeam Cymru Inc. Information TechnologyTecport Optics, Inc. Optics & PhotonicsTravelCLICK Business ServicesSAIC Modeling, Simulation & TrainingZeeGee Games Digital Media
MAJOR GOVERNMENT EMPLOYERSOrange County Public Schools 21,349Orange County Government 7,818Seminole County Public Schools 7,983Osceola County Public Schools 6,250Lake County Public Schools 5,100United States Postal Service 4,000City of Orlando 2,995Osceola County Government 1,715Orange County Corrections Department 1,673Seminole County Government 1,446Naval Air Warfare Center - TSD 1,053Lake County Government 690Source: Lexis Nexis, Harris InfoSource, Direct Company Contact & OBJ Book of Lists 2011
MAJOR EMPLOYERSWalt Disney World Company 58,000Publix Super Markets Inc. 17,521Adventist Health System (Florida Hospital) 16,700Orlando Health 14,000Universal Orlando Resort 13,000Lockheed Martin Corporation 13,000SeaWorld Parks & Entertainment 7,000Marriott International Inc. 6,312Starwood Hotels & Resorts Worldwide Inc. 5,369Walgreen Co. 5,004Darden Restaurants Inc. 4,800Central Florida Investments (Westgate Resorts) 3,861Siemens 3,500AT&T Corp. 3,210FedEx Corp. 3,000Space Gateway Support 2,886Lowes Cos. Inc. 2,872Wyndham Worldwide Corp. 2,790Mears Transportation Group 2,776Wachovia Corp. 2,765Northrop Grumman Corp. 2,746Rosen Hotels and Resorts 2,667SunTrust Banks Inc. 2,644CVS Corp. 2,500Orange Lake Resort & Country Club 2,500Source: Lexis Nexis, Harris InfoSource, Direct Company Contact, OBJ book of Lists 2011 & Orlando Sentinel
CORPORATE HEADQUARTERSA. Duda & Sons Inc. Jardon & Howard Tech. Inc.ABC Fine Wine & Spirits Keene Construction Co.Acuosti Engineering Co. of Florida Orlando Regional HealthcareAdventist Health System Priority Healthcare Corp.AAA Recreational Factory Whse.Attorneys’ Title Insurance Fund Inc. Regal Marine Industries Inc.Bairnco Corp. RKC Construction Inc.Cambridge Homes Rosen Hotels & Resorts Inc.Central Florida Investments Rotech Healthcare Inc.Coleman Technologies Inc. Ruth’s Chris SteakhouseColor Wheel Paint Manufacturing Co. SeaWorld Parks & Ent.Commercial Net Lease Realty Inc. Smart City HoldingsContraVest Construction Co. Sonny’s Franchise Co.Darden Restaurants Inc. Sunniland Corp.Dynetech Corp. Terry’s Electric Inc.Epoch Properties Inc. Tri-City Electrical Contractors Inc.FARO Technologies Inc. Tupperware Brands Corp.FDN Communications United Medical Corp.Florida Distribution Company Villages of Lake-Sumter Inc.Florida Irrigation Supply Inc. Walker & Co. Construction Inc.Global Travel International Inc. WELBRO Group of CompaniesH.J. High Construction Co. Wiginton Corp.Hammond Electronics Inc. Williams Co.Heller Bros. Packing Corp. Winter Park Construction Co.Source: Lexis Nexis, Harris InfoSource & Direct Company Contact
ESTABLISHMENT ACTIVITYRecent Expansions to Metro Orlando Company IndustryAcAe Information TechnologyACD Search Optimization Business ServicesAdvanced Solar Photonics LLC ManufacturingBlue Earth Solutions Clean TechCalvert Manufacturing, Inc. ManufacturingDigital Risk, LLC Business ServicesThe DiSTI Corporation Modeling, Simulation & TrainingDunkin’ Brands, Inc. DistributionEZ Yield Global, LLC Business ServicesFiserv Information TechnologyIndustrial Lighting Products ManufacturingInnovative Medical Device Solutions (IMDS) Life SciencesJHT, Inc. Modeling, Simulation & TrainingMillenium Luxury Coaches ManufacturingMYMIC LLC Modeling, Simulation & TrainingNIIT Healthcare Technologies Life SciencesRapter Technology Group EnergyTeam Cymru Inc. Information TechnologyTecport Optics, Inc. Optics & PhotonicsTravelCLICK Business ServicesSAIC Modeling, Simulation & TrainingZeeGee Games Digital Media
MAJOR GOVERNMENT EMPLOYERSOrange County Public Schools 21,349Orange County Government 7,818Seminole County Public Schools 7,983Osceola County Public Schools 6,250Lake County Public Schools 5,100United States Postal Service 4,000City of Orlando 2,995Osceola County Government 1,715Orange County Corrections Department 1,673Seminole County Government 1,446Naval Air Warfare Center - TSD 1,053Lake County Government 690Source: Lexis Nexis, Harris InfoSource, Direct Company Contact & OBJ Book of Lists 2011
MAJOR EMPLOYERSWalt Disney World Company 58,000Publix Super Markets Inc. 17,521Adventist Health System (Florida Hospital) 16,700Orlando Health 14,000Universal Orlando Resort 13,000Lockheed Martin Corporation 13,000SeaWorld Parks & Entertainment 7,000Marriott International Inc. 6,312Starwood Hotels & Resorts Worldwide Inc. 5,369Walgreen Co. 5,004Darden Restaurants Inc. 4,800Central Florida Investments (Westgate Resorts) 3,861Siemens 3,500AT&T Corp. 3,210FedEx Corp. 3,000Space Gateway Support 2,886Lowes Cos. Inc. 2,872Wyndham Worldwide Corp. 2,790Mears Transportation Group 2,776Wachovia Corp. 2,765Northrop Grumman Corp. 2,746Rosen Hotels and Resorts 2,667SunTrust Banks Inc. 2,644CVS Corp. 2,500Orange Lake Resort & Country Club 2,500Source: Lexis Nexis, Harris InfoSource, Direct Company Contact, OBJ book of Lists 2011 & Orlando Sentinel
CORPORATE HEADQUARTERSA. Duda & Sons Inc. Jardon & Howard Tech. Inc.ABC Fine Wine & Spirits Keene Construction Co.Acuosti Engineering Co. of Florida Orlando Regional HealthcareAdventist Health System Priority Healthcare Corp.AAA Recreational Factory Whse.Attorneys’ Title Insurance Fund Inc. Regal Marine Industries Inc.Bairnco Corp. RKC Construction Inc.Cambridge Homes Rosen Hotels & Resorts Inc.Central Florida Investments Rotech Healthcare Inc.Coleman Technologies Inc. Ruth’s Chris SteakhouseColor Wheel Paint Manufacturing Co. SeaWorld Parks & Ent.Commercial Net Lease Realty Inc. Smart City HoldingsContraVest Construction Co. Sonny’s Franchise Co.Darden Restaurants Inc. Sunniland Corp.Dynetech Corp. Terry’s Electric Inc.Epoch Properties Inc. Tri-City Electrical Contractors Inc.FARO Technologies Inc. Tupperware Brands Corp.FDN Communications United Medical Corp.Florida Distribution Company Villages of Lake-Sumter Inc.Florida Irrigation Supply Inc. Walker & Co. Construction Inc.Global Travel International Inc. WELBRO Group of CompaniesH.J. High Construction Co. Wiginton Corp.Hammond Electronics Inc. Williams Co.Heller Bros. Packing Corp. Winter Park Construction Co.Source: Lexis Nexis, Harris InfoSource & Direct Company Contact
Strong State Tax Incentives Demographics
Economic incentives are promoting business development.
Already with a population of more than 2 million, Metro Orlando is projected to be among the nation's fastest-growing regions in this decade. With over one third of its population between the ages of 20 and 44, and a median age of 37.6, Metro Orlando is a young and vibrant community.
Our economy benefits from a globally-recognized tourism industry that saw over 56 million visitors in 2012. This sector alone has an economic impact of more than $27.6 billion.
Tourist Industry
• No state personal income tax • Exemptions from sales tax on development equipment • Tax refunds up to $3,000 per job created for qualified target industries
Current & Projected Core Investments:
The city will have an enormous potential for growth in the next following decade with new investments in infrastructure and strong Technology Development initiatives.
Aloft First United Methodist Camden Orange Court The Vue at Lake Eola One Eleven North Magnolia Fire Station One The Plaza The Solaire at the Plaza 55 West 55 West (Retail) OUC Admin Headquarters Trinity Lutheran CDC The Paramount on Lake Eola 101 Eola Star Tower Windsor Place GAI Building Interstate 4 Improvements Church Street Streetscape Lymmo BRT Expansion SunRail Interstate 4 Underpass
800 N Orange Ave. The Sevens NORA Steel House Citrus Bowl Reconstruction 3 15 W Concord St. Creative Village Men’s Service Center Family Dollar George C. Young Building Amway Center Carver Park Redevelopment 30 South Orange Avenue Cambria Suites O & C Hotel Central Station Sky House Performing Arts Center opening 2013
Magnolia Park 801 North Orange Florida A&M School of Law Orlando Day Nursery The Lexington Hotel Renovation Expo Center Renovation Shiloh Baptist Church Expansion CNL Tower II First United Methodist Church Renovation LYNX Central Station OUC North Chiller Building The Cornerstone Renovation The Metropolitan Renovation The Offices At Park Lake Clarington Commons Eola South The Jackson Osceola Brownstones The Sanctuary
With Over 5 Billion Dollars slated for compleIon In the the next 5 years in the Orlando Metropolitan Area.
City Centre is a strong collaboraIve environment That could suit just about any industry.
To Preview Our AnimaIon Click Below
With over 5 Billion dollars in new and proposed projects slated for completion in the next 5 years in and around downtown's Central Business District, along with a recovering economy, and a burgeoning youthful educated professional class increasingly populating downtown, now is the perfect time to establish your presence in the midst of it all. The Historic City Centre Building On Lake Eola is the perfect place to begin building that foundation!! Today's ever evolving commercial marketplace requires that your marketing efforts have to be custom, ongoing, multi-faceted, and geared toward today's new and emerging businesses and business leaders, and that's exactly what our firm 'The PORTFOLIO Group' specializes in. Whether it be Coordinating the Acquisition or Disposition of Assets, Tenant/Owner Representation, Creation of Specialized Marketing Programs, Property Management, Provision of Market Leading Data, or Re-Branding of Assets The Portfolio Group is equipped to handle todays toughest challenges. We look forward to working with you and allowing you to experience City Centre, a premiere asset class in the heart of the city!
David Toro – Global Marketing & Technical Director [email protected] 321-230-2337 Jere’ Matheny – Chief Business Development Officer [email protected] 407-697-2176
LocaIon, LocaIon, LocaIon.