Get ready to mark your calendars. Tomorrow, October 3rd, there will be a groundbreaking celebration to kick off the start of a new economic era in Orlando. Burnham Institute for Medical Research, and the UCF College of Medicine break ground in Lake Nona at the region's emerging life sciences cluster. Mayor Buddy Dyer and a host of other speakers will be in attendance.

We've mentioned the changes coming to Lake Nona, and Burnham Institute and the UCF College of Medicine will serve as the cornerstone for the growing area, which, when complete, will have a tremendous economic impact on Orlando ranging in the billions of dollars, and generating thousands of jobs in the next ten years.

Other planned projects for the Lake Nona Science and Technology Park include Orlando Veterans Affairs Hospital and the Nemours Orlando Children's Hospital and Research Campus.

Living only a few miles from Lake Nona, I'm extremely excited about the changes coming. I can't say I'm thrilled about the traffic congestion this will cause, but from what I've heard, Narcoossee Road, which, along with SR 417 will serve as the arteries for this new complex, is set to get a nice facelift very soon to accommodate the increase in residents. We're still waiting for more information on the Lake Nona open-air mall, which we receive a ton of questions about, so as soon as we get word, we'll let you know.

What are your thoughts on the changes to Lake Nona? Are you excited about the economic impact? Or do you think it's just hype? Let us know in the comments.

To follow all of the breaking news in Lake Nona, you can visit their Lake Nona News Site.

Tags: burnham, economy, business

If you live anywhere in southeast Orlando, you've no doubt heard the plans for Lake Nona. What might be the most anticipated project is the Lake Nona Village, a 70,000 square feet mix of retail, restaurants, and office condos, along with 22 residential condos, and 99 apartment units. The entire area takes up over 14 acres on Narcoossee Road. (MAP) Construction for the Lake Nona Village is scheduled to start next month.

I'm couldn't be happier about this news. I live on Narcoossee Road, and the closest shopping area is Waterford Lakes Town Center, or the Florida Mall, both being about a 30 minute drive. Of course, there's always the Saint Cloud Wal-Mart, but sometimes that just isn't enough.

Stay tuned for construction photos in the coming months. Construction will happen in 2 phases with the commercial space starting first, followed by the residential. If you're interested on getting on a waiting list for the residential projects, let us know, and we'll be happy to help you out.

Source: Orlando Business Journal

Related Links:
Project Developers: Van Metre Companies
Overseeing Leasing: Colliers Arnold
Community Info: Lake Nona Golf & Country Club

Tags: orlando, Construction, community