Metro Orlando is the 2nd fastest growing region according to Forbes Magazine in 2017. To better serve the area and create an Orlando with an eye on the future, 68 acres of land near the heart of downtown will be turned into Orlando’s Creative Village. This new region will focus on creating a true space for residents to “live, work, learn, and play” in an urban destination that is primed to grow into the 21st century.
The Creative Village will be constructed with the vision of a livable community in mind. Currently, 1,500 residential units are slated to be built. The community will be designed around walkable open spaces and parks to help connect residents in the area.
Transit is also a very important component to the new Creative Village. The community will have easy access to the commuter train Sunrail. It will also be connected to Lynx, Orlando’s public bus system with the main distribution terminal minutes from Creative Village.
The Creative Village will be metro Orlando’s hub for innovation and technology. The area will have up to 1,000,000 square feet of office and creative space for businesses with a focus on high tech, digital media, and other creative endeavors.
In addition, to encourage the creative atmosphere of the Creative Village, the city will commission local artists to produce public art installations which will highlight the, already vibrant, artist community Orlando has.
With education being the other forefront of the project, both the University of Central Florida and Valencia College will share a campus with over 100,000 square feet of education space. In addition, the Creative Village will have approximately 600 beds for students to live.
Primary education will be represented at the Creative Village too. Orange County Public Schools will house their Academic Center for Excellence there. This community school will serve Paramore children from preschool through 8th grade.
Creative Village will have plenty of options for play in the community. Up to 150,000 square feet of retail and commercial space will be built in the coming years. With so much new space to fill, there will be plenty of opportunity for new business growth in the restaurant and retail space in the area.
For even more play options, just outside of Creative Village lives so many wonderful attractions that already calls Orlando Home. Residents of the Creative Village will be close by to the Dr. Phillips Center for Performing Arts, The Amway Center, Camping World Stadium, and The Orlando City Soccer Stadium. Plus, there is already plenty of established arts, entertainment, and dining within walking distance of the Creative Village in Downtown Orlando.
The Central Florida region surrounding Orlando is ripe with investment opportunities. While there is a lot of opportunity in the theme park areas for vacation home properties and short-term rental investments, there are even more investment opportunities in the surrounding area as the region grows. If you want to invest in this growing region of Orlando or learn more about other popular areas like Neocity, Celebration, or Winter Garden, please contact us at Milena@vivaorlando.com We’re here to help you grow your investment.