Amazon today announced that it has selected Lake Nona, Tavistock Development Company’s large, master-designed community in Central Florida, for its new 850,000 sf, high-tech fulfillment center in Central Florida (see release: http://www.businesswire.com/ news/home/20170709005034/en). Lake Nona remains the region’s fastest-growing community with more than $1 billion of direct investment planned by Tavistock in its 36-month development pipeline. In addition to Tavistock’s pipeline, major projects like Amazon and KPMG, which has a $400-million + National Training Center underway in Lake Nona’s Sports & Performance District, continue to position Lake Nona as one of the fastest-growing communities in America and a significant job creator for both the Orlando region and the state of Florida.
The total sale price was $26.9 million. Infrastructure work and roadway improvements are being overseen by Tavistock Development and began last week.
“We are bullish on attracting well-respected, global brands like KPMG and Amazon to Lake Nona,” said Jim Zboril, President of Tavistock Development Company. “Lake Nona has positioned itself nationwide as an ideal location, offering a collaborative approach, innovative amenities and infrastructure. We have a strong business development team that is out there every day competing against some of the nation’s top metropolitan markets. Lake Nona’s neo-urban location coupled with our innovative vision creates a compelling backdrop for companies looking for that next great place to call home.”
Since Tavistock’s initial acquisition of Lake Nona years ago, Tavistock has continued to partner with government to fast track the development of key infrastructure projects in southeast Orlando/Orange County, from the construction of the Lake Nona Blvd/SR 417 interchange, to the major expansion of Narcoossee Road, regional parks and more. In early 2017, Tavistock Development Company advanced plans with Orange County to expand Boggy Creek Road to accommodate this project. Tavistock Development Company will oversee the construction of these improvements.
“We have always said that Lake Nona is a long-term project for us – a marathon and not a sprint,” Zboril said. “Every step of our development is carefully contemplated and thoughtfully designed for the future – the future of cities perhaps. We are creating the ideal place that inspires human potential through innovative collaboration. This bold vision drives everything that we do, every day. We are tenacious.”
The project is located at the intersection of Boggy Creek Road and Jeff Fuqua Boulevard just south of Orlando International Airport.
