Search
 

Design Work Starts on $17 Mil Road for 20 Mil-SF Telecom Park Near Airport

ORLANDO-After sitting on the sidelines for 15 years, the 2,700-acre International Corporate Park is jogging onto metro Orlando's 92 million-sf industrial turf big time by kicking off design work on a $17 million connector road linking main transportation arteries to the property. The road will take three years to permit and build.

By Alex Finkelstein | Updated on January 17, 2001

ORLANDO-The two-tenant, 2,700-acre International Corporate Park, nine miles east of Orlando International Airport, is coming out of the closet with plans to begin developing 20 million sf of high-tech space for high-profile tenants this year. The park’s new owner, Orlando Business Park, is the catalyst behind the property’s rejuvenation.

Design work on a $17 million, 5.4-mile connector road, linking main transportation arteries to the south Orlando property, begins this week. ICP is donating land and engineering expertise for the four-lane right-of-way that will extend Alafaya Trail through the site to the Martin Anderson Bee Line Expressway.

Permitting and construction of the road will take three years but selling prime pieces of dirt inside the park is already under way. The connector is key to the park’s long-range development plans and ultimate success, ICP broker Sam Evans tells GlobeSt.com.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.