Kahli, majority owner of Avalon Park Associates LP, has a major development presence in Orlando through his seven-year-old, 1,860-acre Avalon Park mixed-use community, 15 miles north of ICP.Kahli's latest investment, International Corporate Park, is slated to comprise an estimated 3,000 multifamily and single-family units, seven million sf of industrial, light manufacturing and retail--a reduction from the 20 million sf of commercial the park was initially approved for in 1986 when it was owned by Swiss Bank Corp. The preliminary master plans estimates a June date of completion.

Various developers have envisioned a Silicon Valley-like, high-tech ambience for the park, a vision that was once sparked by Lockheed Martin Corp. which purchased 200 acres in 1987 and still owns the undeveloped tract.

"Twenty-five years ago, during the Cold War, planners conceived massive industrial plants here that link the space programs in Brevard County with weapons production facilities in south Orlando," Kahli says in a statement. "In the 1990s, new developers envisioned a Silicon Valley, but that era has now changed as well."