In a recent meeting, the Greater Orlando Aviation Authority (GOAA) Board voted to position Orlando International Airport (MCO) as the first U.S. airport to fully deploy the U.S. Customs & Border Protection (CBP) Biometric Entry and Exit Program. The system will be implemented at the 30 MCO gates having international departures and at CBP checkpoints located in the airport’s two Federal Inspection Stations.
Median price was driven during 2017 primarily by a combination of strong buyer demand and very low inventory levels, but expect prices to continue their upward trend in 2018, albeit at a slower rate. In addition, Orlando's annual median home price ($220,000) is 10.0 percent higher than the 2016 annual median price ($200,000) thanks to another 12 consecutive months of year-over-year price increases.
“The international real estate market is crucial to Orlando’s real estate industry and overall economy,” says Senior Global Real Estate Advisor, Garry Walmsley with The Orlando Agency, a Division of Global Real Estate Services, Inc. "There were approximately 61,300 Florida homes sold to foreign nationals during the 2017 study’s 12-month period.
Orlando, is a warm city with a lot to offer. From dining in themed restaurants to exploring nature in all its glory, the Orlando area has something for everyone, retirees included. Central Florida has numerous retirement communities, and of course, theme parks galore to keep the family begging for a visit.
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.
An affiliate of South Florida-based developer BTI Partners has raised $55.26 million in tax-exempt bonds to fund the next year of renovation and construction at its 878-unit condo hotel The Grove Resort & Spa.
"The water parks was a portion of the debt raise, that's under construction as we speak and will be completed in January 2018," he said. "Phase 2 (another 280 units) should be opening by March 2018, and then a final phase of 280 renovated units will follow."
Get ready to paint Orlando orange this Halloween as our world-famous theme parks and attractions become eerie and ghoulish delights for all ages. With over 130 event nights across the destination that range from extreme scares for adults and teens to frights for the family, Orlando is the "Halloween Capital of the World."
The all-time high, announced by tourism body VisitOrlando, represents a 5.5% rise over 2014 and again means that Orlando is the number one US visitor destination. A major contributor to the increase is the fact that passenger number at Orlando International Airport rose by more than 72%, reaching 38.8million in 2015.