Sean Glickman
Glixus Corp.

Real Estate Invetments Services
   

The City Of Orlando


Orlando is a fast growing metropolitan area that is outperforming other U.S. regions in many key economic measures. Orlando has a dynamic economy that is diversifying by adding high-value, high-wage jobs in healthcare, medical research, digital media and defense simulations. Orlando's booming population growth is propelling healthy demand in local industries, including those who serve domestic and international passenger air travel, consumer retail and construction.

An approved community venues plan will bring a new event center, major renovation to the cytrus bowl stadium, a state of the art Dr. Phillips performing art center and more.

Orlnado's surging economic and cultural renaissance make the city an ideal choice for business expansions and investments today. national media outlets, including The New York Times and Business 2.0 Magazine have recently showcased Orlando for it's economic performance and cultural amenities.

Medical City

The long established success of the Orlando regional healthcare have laid the groundwork for Orlando's surging biotechnology industry including Arnold Palmer hospital for children ranked in the top 5 nationally, M.D. Anderson Cancer Center ranked in the top 2 nationally and Florida Hospital ranked among the top 10 nationally along with the University of Central Florida Biomolecular Science Center, all helping diversify the local economy with high paying jobs.

The future looks even brighter with the new Medical city being created in the Lake Nona area, the southwest corner of Orlando. It will include research facilities, medical school and much more.

Creative Village

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 which hosts more than 315 companies, 8,000 workers and collective annual sales of $1.4 Billion.

The new creative village is created from a redevelopment of roughly 60 acres site downtown.

Economic Forcast

Population growth             -   2.8% annually.

Employment growth           -   3.5%.

Wages growth                  -   3.5%.

Tourism growth                 -   from 45 million visitors in 2006 to 53.7 million in 2008.

 

Residential Real Estate Treds - http://www.orlrealtor.com/Main/Main.asp?CategoryID=3&

 

City at a Glance

Population
2000 185,915
2002 (estimate) 194,913
2005 (projected) 220,651
Racial and Ethnic Diversity*
White 61.1%
Black 26.7%
Hispanic 17.7%
Asian 2.9%
Native Hawaiian/Other Pacific Islanders 0.3%
Other race 2.1%
*Total is greater than 100% because Hispanics may be of any race.
Median Age   

  33.7 years

Labor Force 126,553
Unemployment Rate 5.7%
Employment Profile
Services 53..3%
Government 7%
Manufacturing 6.7%
Construction 8.7%
Transportation/Public Utilities 3.1%
Wholesale Trade 4.0%
Retail Trade 14%
Finance, Insurance, Real Estate 3.2%
Housing
Average Price of Homes $136,000
Hotel Rooms  
Downtown

1,875

Metro Orlando

109,784

Land Area  
Square Miles 109.51
Total Acres 70,089
Tax Profile
Real Property Millage Rate *
(per $1,000 of assessed value)
$19.6420-$20.6420
Personal State Income Tax None
State Sales Tax 6.5%

 

Higher Education Facilities

Enrollment

University of Central Florida 33,453
Rollins College 3,392
Valencia Community College 52,000
Seminole Community College 27,644
Lake-Sumter Community College 7,333

 

Target Growth Industries

International Business

Film and Television

Arts, Culture and Sports

Health Care

Tourism

High Technology

Downtown

Headquarters for government operations, including the City of Orlando and Orange County, as well as federal and state regional offices

Proximity to the region's top business leadership, government leadership, consulates, international trade organizations and professional associations

There are 17,000 residents within a 1,620 acres radius of the downtown district

 

Nearly 55,000 employees working in Downtown Orlando in 2001

Largest concentration of office space in Metro Orlando: 9.4 million square feet (2001)

Educational resources include the University of Central Florida Downtown Academic Center, Valencia Community College Downtown Center, Orlando Tech, Florida A & M University College of Law, Lake Eola Charter School, Lake Highland Preparatory School, Nap Ford Community School, Howard Middle School, St. James Cathedral School, and Trinity Lutheran School

Tourism & Conventions

Metro Orlando hosted more than 39.12 million U.S. visitors and 2.86 millions of overseas visitors in 1999.

Metro Orlando has approximately 106,816 hotel rooms. The second largest concentration of hotel rooms in the U.S.

More than 3.3 million people attended meetings and trade shows during 1998.

The Orlando/Orange County Convention Center houses more than 1.4 million square feet of exhibit and meeting space.

Metro Orlando is home to many popular tourist attractions, including Walt Disney World, Disney-MGM Studios, Epcot, Disney's Animal Kingdom, Universal Studios Florida, Universal Studios Islands of Adventure, and Sea World of Orlando

Top Private Employers

Walt Disney World 55,900
Adventist Health System 18,797
Publix 15,628
Universal Orlando 12,000
Orlando Regional Healthcare System 12,000
Wal*Mart 11,125
Winn-Dixie 8,045
Lockheed Martin 7,998
Marriott International 5,994
McDonald's 5,600

 

Metro Orlando
Sports & Culture

T.D. Waterhouse Centre
18,039 seat facility
Home of NBA’s "Orlando Magic"
Home of WNBA's "Orlando Miracle"
Home of Arena Football League’s "Orlando Predators"
Home of the Atlantic Coast Hockey League's "Orlando Seals"

Florida Citrus Bowl Stadium
70,000 seat facility
Home of the annual Florida Citrus Bowl
Home field for the University of Central Florida Knights football
AMA Supercross Series
Superbowl of Motorsports
Tinker Field, 5,500 seat baseball stadium adjoining the Citrus Bowl

Expo Centre
Over 70,000 square feet of exhibit space
Accommodating up to 441 booths
24,444 square foot ballroom
1,200 hotel rooms located within a one-mile radius
Located in Downtown Orlando

Cultural Events and Amenities

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