Construction and Real Estate in Central Florida

Page 82

WATERCOOLER

Stuff you didn’t know you wanted to know

3.1 million

Staff hours worked so far on Brightline trains construction project at 55% completion

155

RAILROAD CROSSINGS UPDATED IN THE PROJECT

THE HEAVY CLOUDS OF COVID-19 THAT HUNG OVER OUR REGION ARE DISSIPATING, AND OUR ECONOMY IS GROWING AGAIN. BY MID-SUMMER, I BELIEVE WE WILL BE OVER THE ACUTE PHASE OF THE VIRUS AND OUR ECONOMIC ENGINES WILL BE IN FULL THROTTLE. WE ARE BACK ON COURSE FOR DESTINATION GREATNESS! — Orange County Mayor Jerry Demings in his third annual State of the County address June 4 as he lifted the state of emergency he had set in March 2020

$6.4 billion $610 million

Projected direct impact of Brightline trains on Florida’s economy over the next 8 years

The price Host Hotels & Resorts Inc. paid for the Four Seasons Resort Orlando at Walt Disney World, the equivalent of $1.4 million per room key — well over the average per-room cost for luxury hotels of $675,000 Source: Orlando Business Journal

80 MAY/JUNE 2021 | i4Biz.com

100

Number of the upcoming Leadership Orlando graduating class, which kicked off its nine months of programming in May. This class commemorates the milestone with a record 100 members and also 10 VIP class chairs

34786

Wealthiest ZIP code in Central Florida, representing Windermere, which had been ranked #2 in 2010 behind 32836 (Dr. Phillips/Bay Vista), which is now ranked #2. Rounding out the top 5: 32814 (Lake Baldwin), 32832 (Moss Park/Lake Mary Jane) and 32827 (Airport/Alafaya/Lake Nona) Source: Orlando Business Journal

The housing market “ in Florida has been TP’d

— and by that, I mean housing inventory and building materials are missing from the shelves right now much the way toilet paper was early in the pandemic.

— Sean Snaith, national economist and director of University of Central Florida’s Institute for Economic Forecasting


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