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ORLANDO-On schedule and on budget is the theme song at the offices of Orlando NTC Partners as the developer heads for a July completion in the demolition of 4.5 million sf of aging barracks, office and industrial structures at the former Orlando Naval Training Center in east Orlando.

A $1 million, nine-month infrastructure project will follow the demolition. About 15 miles of roads will be resurfaced and rebuilt at the 1,100-acre property surrounding Lake Baldwin. The developer expects to break ground on its $1 billion mixed-use enterprise by mid-2002.

The project will comprise 3,000 single-family and multifamily homes, 1.5 million sf of office, an undetermined amount of retail and a 350,000-sf town center. A permanent population of 8,000 and a work force of 5,000 are projected for the development by 2010, according to city and county planners.

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