economy

Disney Flips Switch On New 270-Acre Solar Facility To Power Resort

Disney Flips Switch On New 270-Acre Solar Facility To Power Resort

The new solar farm joins the infamous Mickey-shaped 5MW solar park that Disney installed next to its Epcot center in 2016 and will provide up to 25% of the power used by Disney World. That’s equivalent to powering two of Disney’s theme parks, which is no small feat.

Orlando Leads Nation In Job Growth 4 Years In A Row

Orlando Leads Nation In Job Growth 4 Years In A Row

The Orlando region is No. 1 in the nation for job growth for the fourth consecutive year. According to the Bureau of Labor Statistics, the Orlando-Kissimmee-Sanford metropolitan statistical area (MSA) continued its trajectory as the fastest growing job market in the country for 2018. Forbes cited Orlando’s science, technology, engineering and mathematics (STEM) job growth in recent years as one contributing factor, explaining “Orlando (is) actually now adding STEM jobs at a faster clip than the Bay Area metros."

Orlando Officially Named Host City For 2022 Special Olympics USA Games

Orlando Officially Named Host City For 2022 Special Olympics USA Games

The Games will be comprised of 15 Olympic-type team and individual sports, as well as 5 potential demonstration sports. The Games will be hosted at ESPN Wide World of Sports Complex at Walt Disney World Resort, the YMCA Aquatic Center, the U.S. Tennis Association campus in Lake Nona, and other sporting facilities across the Orlando area.

Racing Instructor Contracts Land Next To Margaritaville For Motorsports Park

Racing Instructor Contracts Land Next To Margaritaville For Motorsports Park

Orlando Motorsports Park founder Andy Bardar first shared his vision with GrowthSpotter last September for 217 acres at the southwest corner of the W192-S.R. 429 Beltway interchange. That land has been on the market for $13.75 million.

A South Florida racing enthusiast has a purchase contract on one of the largest undeveloped parcels on Kissimmee's W192 tourism corridor, and plans to build a $100 million tourist attraction.

Gov. Rick Scott Signs Bill To Add New $85M Job Growth Program

Gov. Rick Scott Signs Bill To Add New $85M Job Growth Program

With this legislation, we can promote public infrastructure projects and job training projects to continue to grow jobs for families in every community of our state. We know that for Florida to be competitive in domestic and international markets, we need as many tools as possible to attract growing businesses to our state. The $85 million Florida Job Growth Grant Fund is what Florida needs to bring major jobs wins home.

Osceola's W192 Board To Focus Spending Around Margaritaville Resort

Osceola's W192 Board To Focus Spending Around Margaritaville Resort

Osceola's W192 Development Authority unanimously picked the Margaritaville Resort area as its highest priority segment on Wednesday, and will spend millions of dollars over the next few years to improve that stretch of the corridor.

The development authority's board has been meeting every week since it returned from a trip to Anaheim with a new redevelopment strategy, and sense of urgency to implement it right away.

 

Florida Ranks Fourth In Drawing Private Equity Dollars

Florida Ranks Fourth In Drawing Private Equity Dollars

Florida ranked fourth in the nation for investment from private equity (measured in dollars invested), following Texas, California and Massachusetts, according to the Top States and Districts in 2016 analysis. All together, more the $644 billion was invested in U.S. companies in 2016, the report said.

Orlando Continues Its Rise In The Sports World And Gets The Games

Orlando Continues Its Rise In The Sports World And Gets The Games

Most people know Orlando as the home of world renowned theme parks, but in recent years the city has fostered a thriving sports-based economy. Here's how a visionary mayor and a supportive local community made that happen and what Cities around the Country can learn from Orlando's model.

Florida Governor's Fight For Visit Florida Pays Off

Florida Governor's Fight For Visit Florida Pays Off

In early May, Florida lawmakers passed a state budget that cut Visit Florida's budget by 67% budget, to $25 million. 

Gov. Rick Scott, an ardent supporter of Visit Florida, vetoed the cut, and called a special session last week to negotiate the budget, which resulted in restoring the group's $76 million budget, among other changes.

"We've fully funded Visit Florida so we can continue to break visitation records," Scott said in a statement. He called the result of the session "a major win for Florida families."

Loonie Jumps As Bank Of Canada Sends More Signals That Interest Rates May Rise

Loonie Jumps As Bank Of Canada Sends More Signals That Interest Rates May Rise

The loonie shot up following fresh signals from the Bank of Canada that it is giving more thought to raising interest rates, while Toronto’s main stock index continued its second day of declines.

The Canadian dollar was up one U.S. cent to an average trading price of 75.54 cents US, following comments by Bank of Canada governor Stephen Poloz today and senior deputy governor Carolyn Wilkins the day before that the economy is gathering momentum.