Realvest founder/chairman George D. Livingston is banking on potential new client traffic coming from the widening of Interstate four to eight lanes in the near future. Interstate 4 cuts right through Downtown and heads east to the suburbs and west to Walt Disney World and the area's attractions grounds.
"It's pretty clear that the Orlando regional economy will be one of the bright spots in the U.S. economic picture (in the near future) and the I-4 corridor plays a major role in that," Livingston tells GlobeSt.com.
His firm represents development projects totaling two million sf of office and industrial. In Seminole County alone, Realvest is leasing, managing and developing 1.5 million sf of commercial.
Realvest and Small Bay Partners of Orlando are jointly negotiating the development of Soldiers Creek CommerCenter, a 70,000 sf industrial park on State Road 419 near Winter Springs, FL, an Orlando suburb. The two firms are also permitting the development of a 28-acre commerce park in northeast Seminole County that will house 300,000 sf of office and industrial.
Separately, Realvest is also working with a 40,000-sf build-to-suit project in east Seminole County. The firm's active projects are the 200,000 sf of industrial in the Longwood, FL area for Gulf Realty; 55,000 sf in Longwood Business Center; one million sf at American Business Center, Longwood; and 240,000 sf in Lake Mary Business Center, Lake Mary, FL, another Orlando suburb.
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