That transformation will shape the course of all future commercial real estate activity in the area. "Orlando's growth is trending toward a model that historian Robert Fishman calls 'regional pluralism,'" Livingston tells GlobeSt.com. This concept describes a new, decentralized matrix of lifestyle and high-tech employment opportunities. The scenario envisions a mix of edge cities and small towns, a vital urban Downtown, diverse urban neighborhoods, a good regional airport and a rural landscape.

Characteristics of regional pluralism also include a well-perceived university and the sort of high-tech, fiber-optic communications networks prevalent in Washington, DC and northern Virginia. "As a result of the regional pluralism trend, business and office parks are increasingly included in large, planned mixed-use communities," Livingston says.

MetroWest in southwest Orlando; neo-traditional Avalon Park in east Orlando; Magnolia Creek in south Orlando; and Walt Disney World's town of Celebration in Osceola County are "excellent" examples of regional pluralism, the developer notes. "The trend towards regional pluralism will significantly reduce traffic congestion, as more residents find employment, shopping and leisure opportunities closer to their homes," says Livingston, a former Army intelligence specialist with years of overseas duty.