OCP Inc. Logs $14M in Land Sales

ORLANDO-Orlando Central Park Inc., metro Orlando’s largest business park owner, finished 2002 with $14.1 million in land sales. This marks one of the most productive years in its 38-year history.

Woodland Lakes–a 911-acre, mixed-use development unfolding along the Lake Underhill Road/Alafaya Road corridor in one of east Orlando’s most vibrant and fastest-growing areas–alone brought in $12 million on three transactions from developers planning multifamily and single-family communities. The other land sales were in OCP Inc.’s three other parks, Orlando Central Park, Orlando Central Park South and SouthPark.

“Woodland Lakes continues to be a flash point for both commercial and residential development in the burgeoning east Orlando market,” says OCP Inc. executive VP Jeff Troan, adding that he expects the sales momentum to continue through most of 2003.