Central Station FACT SHEET

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CENTRAL STATION FACT SHEET
2013
MARKET
 $400 million annual retail trade potential within a 5-minute trade area1
 12 million square feet of office space1
 1-mile radius: total businesses – 3,864 total employees – 55,816 total residential population – 13,3952
 3-mile radius: total businesses – 10,167 total employees – 156,458 total residential population – 85,8472
 Average daily traffic volume to Orlando CBD - 183,0001
 $480 million Amway Center, home of the Orlando Magic, easy access from Central Station via Lymmo shuttle1
 New state-of-the-art Performing Arts Center located directly on Orange Ave – Opening 20141
THE DEVELOPMENT
 5.6-acre mixed-use transit oriented development, Central Station will connect riders of Sunrail, Lynx and Lymmo
to Orange Avenue through public plazas and greenspace, with connectivity as a central design theme.
 Phase One (Construction to begin Q4 2013)
• ±275 high-end apartment units being developed by Crescent Residential
• ±12,500 sf of ground floor retail directly on Orange Avenue.
 Phase Two
• ±126-room nationally branded limited service hotel
• ± 93,000 sf office building, ±11,000 sf of Orange Avenue ground floor retail
• ± 950-space freestanding parking garage
 Phase Three
• ± 167,000 sf office building, 14,700 sf of Orange Avenue and Livingston ground floor retail
 Direct connection to Interstate-4 full-access ramp via Amelia Street.
 Laminated directly to mass transit: Sunrail commuter rail (2014), Lymmo free CBD circulator shuttle, Lynx bus
 Sunrail will have 30-minute peak service from 5:30-8:30am and from 3:30-6:30pm
 Sunrail Travel Times to Central Station:
• 30 min from Lake Mary
• 30 min from Kissimmee
• 15 min from Maitland
• 11 min from Winter Park
• 5 min from Florida Hospital
• 5 min from Orlando Health
 Free Lymmo shuttle runs until midnight on the weekends has service every 5-10 minutes (peak/off-peak).
 Site designed by internationally recognized firms HKS Architects and Lord Aeck Sargent.
 Ample areas dedicated to open-space including Gertrude’s Walk, a 60’x600’ urban park.
MARKET DRIVERS
 Bank of America Building – 421,069 square feet of Class-A office space employing ± 1,150
 Orange County Courthouse – 3rd largest of Florida’s 20 circuits, ± 1,000 employees and ± 4,200 daily visitors
 Lynx Central Station – 26,589 average Lynx weekday ridership, primary CBD Sunrail station (2014) ±100 full
time employees, ±700 bus operators
 Orlando Sentinel - ± 1,000 employees, 24-hour business, 7-days a week
 Strong residential growth – within .6 miles of site ±1,585 units to be delivered through 2015.
 Abundant parking directly across from retail - 1,140 space courthouse garage, public access 5:30am-Midnight
TRAFFIC COUNTS AND I-4 EXPANSION
 I-4 at Amelia Street Exit is 165,500 ADT (2011)
 Amelia Street and Orange Avenue – 23,566 ADT (2011)
 I-4 proposed expansion to four additional express lanes through Orlando MSA. Construction duration 2015-2020
PROXIMITY TO MAJOR ATTRACTIONS
 Central Station sits adjacent to the future 68-acre, $1 billion Creative Village mixed-use urban infill
neighborhood. Construction to begin mid-2014.
1
Downtown Orlando RDA
Esri forecast 2010
2
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