Lake Nona is a community in Southeast Orlando with about 13,000 residents. It's growing very fast and Tavistock Development Company is responsible for plenty of the growth. Currently, there are several projects going on in the area and together, they have a value of more than $170 million.
Some of these projects are large, while others are a bit smaller. With plenty of businesses already moving into the area, it's not super surprising that there are so many developments underway.
The KPMG Training and Innovation Center moved to the area, which was a $430 million projects. In addition, Drive Shack, Inc., a New York-Based company will open a location to provide golf entertainment to the area in 2018. Many other companies have moved in or have plans to move into the area, as well.
Amazon.com Fulfillment Center - $132 Million
The largest of the projects currently underway is the Amazon.com Inc. Fulfillment Center. This facility will cover 2.3 million square feet and it's valued at $132 million. About 1,500 new jobs will come from the center, which will be responsible for picking, packing and shipping small items, such as consumer goods, books and electronics.
The fulfillment center will be found at Jeff Faqua Boulevard and Boggy Creek Road near the Orlando International Airport. Amazon chose the location due to many amenities, the infrastructure and the collaboration it allows with other companies in the area. Tavistock Development Company is even be expanding the Boggy Creek Road to help accommodate the project.
Pixon Apartment Complex - $30.2 million
The 11-story Pixon Apartment Complex is the next one of the three projects totaling more than $170 million in Lake Nona. Construction began in September and this is the fourth of the multi-family projects from Tavistock Development Company.
The community features six micro-apartment units with about 360 square feet each with another 201 units ranging from studios to two-bedroom options. All apartments offer high ten-foot ceilings, stainless steel appliances, hardwood flooring, quartz countertops, in-suite laundry and many other great features.
In addition, Tesla vehicles will be on site for residents to share. The community will be an eco-friendly, neighbor-friendly option for those looking to live in the Lake Nona area.
Along with the car sharing program, residents will enjoy 24-hour concierge service, valet services, a fitness center and many other amenities. Bike storage will be found on site and there will also be a three-story parking garage.
The ground floor of this project will also provide 32,500 square feet of retail space. There will also be a resident lobby and co-living space complete with a kitchen, conference room and virtual arcade.
Balfour Beatty Construction is the general contractor for this project and leasing is expected to start in the summer of 2018.
Lake Nona Creekside Shopping Center - $9 million
The other project included in the current $170 million in projects going on in Lake Nona is the Creekside Shopping Center. This center will provide more shopping to the area, along with a 120-room hotel.
These projects are currently underway in Lake Nona and many more are expected to break ground or receive approval throughout 2018.