The locally based division of Germany-based Siemens AG plans to build a 225,000-sf, $40 million call center next year in the Quadrangle Office Park adjacent its two existing 225,000-sf buildings.
Siemens also leases 80,000 sf at the nearby Central Florida Research Park next to the University of Central Florida campus. The company's telecom-switch factor in suburban Lake Mary, Fl. takes up 100,000 sf. That would give Siemens a total of 855,000 sf of leased office in metro Orlando.
The estimated total hard construction cost of the five structures is $170 million or about $200 per sf, construction industry estimators familiar with comparable projects tell GlobeSt.com on condition of anonymity.
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