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400 North Orange Avenue Orlando, FL Presented by: RIDA Development Corporation

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Presentation on theme: "400 North Orange Avenue Orlando, FL Presented by: RIDA Development Corporation"— Presentation transcript:

1 400 North Orange Avenue Orlando, FL Presented by: RIDA Development Corporation

2 MISSION The development of Central Station will be a transformative project set for Downtown Orlando. Central Station will become the citys first transit-oriented, mixed-use development tied directly to SunRail and will serve as a model for aligning mixed-use development with maximized access to public transportation, including SunRail, LYNX and LYMMO, with multi-modal connectivity as a central design component.

3 LOCATION Located in the heart of Orlandos Central Business District (CBD) Mixed use Transit Oriented Development (TOD) to include: Hotel/Conference Residential Retail Office Prestigious Orange Avenue address Superior access to Multi- Modal Transit and I-4

4 SITE FACTS Location incorporates existing LYNX Central Station as Phase 1 of overall development. Integrated design creating campus feel. Incorporation of Green Design elements.

5 Walkable environment New urban design Transit station as prominent feature Smart transportation A regional node containing a mixture of uses Connectivity High density, high-quality development Managed parking Sustainability Quality of life equals High sense of Place COMPONENTS OF TRANSIT ORIENTED DEVELOPMENT

6 MULTI-MODAL TRANSPORTATION Citys Central Hub Site offer direct access to: SunRail at Central Station: Offers 30-minute peak service in each direction from 5:30 am to 8:30 am and 3:30 pm to 6:30 pm; and 2-hour off-peak service in each direction. LYNX at Central Station: Operates 38 bus routes accounting for 150 buses per day and servicing over 14,000 passengers per day. LYMMO Service: Citys free bus service circulating the CBD. LYMMO comes by every 5 minutes at Central Station.

7 DESIGN COMPONENTS 130 ± room urban style hotel State-of-the-art conference facilities 300 Luxury residential rental units Up to 30,000 sq ft of restaurant and retail 220,000 sq ft of Class A office Urban plazas and park elements

8 HOTEL DESIGN 130 room urban style hotel National branded hotel Designed for the business traveler Florida Green Lodging

9 CONFERENCE FRIENDLY DESIGN State-of-the-art conference facilities Perfect for small business conferences Boardroom capabilities Ideal for legal and mediation conferences

10 RETAIL DESIGN A collection of restaurants and shops Large patio space for outdoor dining Retail integrated throughout site Retailers eligible for Orlando-At-Work incentives

11 RESIDENTIAL DESIGN Crescent Communities designed luxury residential rental units High-end interior finishes Convenient urban living Incorporates open space into design Direct access to SunRail and LYNX and LYMMO Campus-style access to amenities Commencing Fall 2014

12 OFFICE DESIGN Class-A office facilities Prestigious Orange Avenue address Direct access to SunRail, LYNX and LYMMO Single-tenant, built-to-suit opportunities Provides cost-efficient transportation solutions for employees Green Design

13 OPEN SPACE DESIGN Central Station will feature interactive open space components The Plaza provides an Orange Avenue sense of arrival & place The Linear Park: Provides a green gathering point in the middle of Central Station Enhances sense of arrival for SunRail and LYNX riders Defining element of TOD & Central Station

14 Central Station Facts and Figures Population: 14,515 in 1 mi. radius 90,440 in 3 mi. radius Over 7.5 Million sq.ft. of office space in the CBD Office Market Employment: 69,186 in 1 mi. radius 195,569 in 3 mi. radius SunRail stops every 30 minutes 150 buses depart each day from Central Station Over 14,000 users of LYNX Central Station on a daily basis Over 100 restaurants in the CBD Over 7,600 people at County Court House each day

15 Stress Free – Car Free Environment SunRail to: Performing Arts Center: 2 mins Florida Hospital: 5 mins ORMC: 5 mins Winter Park: 11 mins Kissimmee or Lake Mary: 30 mins Which one would you choose? Your car is optional at Central Station

16 About RIDA In the Central Florida market for over 25 years Currently have $800 Million of Real Estate holdings in Central Florida Created over 1,200 construction job s and 1,400 direct, permanent jobs at Hilton Orlando and Omni Resort at ChampionsGate Actively developing the 1,500 acre ChampionsGate mix use development with $500 Million dollars invested in hotels, conference centers, office, retail, residential and recreational uses Worldwide experience developing retail, office, distribution, residential, hotel and mixed-use land developments with total value of $5 Billion of existing and planned developments Committed to creating another successful, large-scale development… Central Station at 400 North Orange Avenue.

17 Why Central Station Central Station is Downtowns premier location Central Stations TOD design creates a High Sense of Place Multi-modal options make Central Station the most convenient place to get to in Central Florida Integrated hotel, conference, residential, retail and office at Central Station provides a complete experience in an urban setting Central Station... Go Multi- Modal… Simplify your life

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