Tuesday, August 02, 2005

Downtown Orlando Hits Building Boom

Recently Dynatech announced its intentions to build a 440 ft. skyscraper in downtown Orlando. News like this in the past has come and gone, most times with the building being scraped or forgotten. However, this is a much different situation. The Dynatech Centre (http://dynetechcentre.com/) will be the 10th major skyscraper proposed to be built in downtown Orlando by the year 2008, with two already under construction.

City officials have never been more positive about the health of downtown and its future. Proposals are abound for more entertainment areas that include restaurants, shops, and a new publicly paid performing arts center. I am not opposed to that at all, a performing arts center is needed in the community. However, we cannot stop there, a new arena would be the perfect addition to the downtown residential market that will be booming over the next few years. Over 2500 Condos will be built with these skyscrapers, a major risk, considering if the residential boom stops many developers could be out major money leaving Orlando blacklisted.

If Orlando and Orange County want to keep developers happy it is their responsibility to help assure that residents want to stay in downtown Orlando. A new arena will definitely be a start because it provides for all facets of entertainment. Sports, concerts, and shows often frequent news venues and allow for those residents to be entertained in a number of ways. New downtown residents will have easy access to the venue and would put more demand on shows and concerts to come to the Orlando area. Downtown Orlando is at its crossroads right now, they want to be a world class area for many of today’s upscale residents, a new arena will be another few steps in this direction.


On a personal note: I apologize for the lack of updates on this site. It comes from a combination of my summer being extremely busy and the lack of news since there is not much going on at the arena right now. The site should have a new look this fall. Thanks for your support.

TF