Lockheed Martin Is Planned To Bring 500 Jobs to Orlando Averaging 87,000K in Salary
Over the next five years, Lockheed Martin is projecting to add 500 jobs to Orlando.
Orlando Housing Market
According the the Orlando Housing Market for April, Orlando median home prices continue to climb as inventory steadily decreases. Compared to April of 2016, Orlando home sales declined by 4% due to the inventory continuing to decline. Continuing the 69 month trend, as of April 2017 the median home price is 86.2 percent higher than July 2011. The overall median…
2018 Pro Bowl Set for Orlando
The NFL announced today 2018 Pro Bowl will be returning to Camping World Stadium starting Sunday, January 28th 2018! The announcement came after a successful first year in Orlando, so the return was somewhat expected. In 2017 more than 60,000 fans attended the game on Jan. 29 while having a $60 million economic impact. Orlando’s success was judged on several…
Old Graffiti Junktion to become Truck Stop Restaurant
Chef Greg Peters, President of Graffiti Junktion, will be returning to his former building in Thornton Park to open a new concept called Truck Stop Restaurant. Truck Stop is expected to first open their doors in July, 2017 and serve Thursday through Sunday nights and brunch on the weekends. The concept for Truck Stop Restaurant is to be a permanent…
Ace Cafe Orlando Due To Open
Come May 19th, the doors of the long awaited Ace Cafe Orlando will be open. The entertainment complex will feature a coffee bar, restaurant, live music venue, an art gallery and retail tenants, all housed in the historic Harry P. Leu site at 100 W. Livingston St. “It’s been a long time coming,” Ace Cafe Orlando Chief Marketing Officer Steve Glum told Orlando…
Paramount on Lake Eola units sell for $65.2M
A Boston firm, Northland Paramount LLC purchased most of the units in the Paramount on Lake Eola were for nearly $65.2 million, including the area leased by Publix. The building, 415 E Pine St., is a condominium operated as apartments, with one, two and three-bedrooms. The building also houses the Publix at 400 East Central Blvd., Menchie’s Frozen Yogurt, Pizza-At as well…
Upscale Townhouses Planned for The North Quarter of Downtown Orlando
A new luxury townhome development is coming to downtown Orlando’s North Quarter district. Construction is planned to start in the beginning of 2017. The project dubbed élan on Marks, which will feature 10 four-story, urban brownstone-style residences with rooftop terraces on Marks Street, said a news release. The project is designed by Winter Park-based luxury-home architect Phil Kean; River Oaks…
Orlando Florida Market Update for September 2016
Sales of homes in Orlando experienced a year-over-year increase of 7.32 percent for the month of August, reports the Orlando Regional REALTOR® Association. The jump occurred amid yet another double-digit decrease in inventory, which continues to contribute to the area’s sustained rise in median price. “Despite a 10 percent drop in overall inventory, continued buyer demand drove Orlando home sales…
