April 23, 2014

Research

Medical Growth

Diane Sears | 11/1/2006
There is a small chart, "Orlando's High Growth Areas" that should accompany this story ... Predicted new Orlando residents by 2030

When the Burnham Institute for Medical Research broke the news in August that it will build a research facility in Orlando, local leaders called the event the most significant announcement since Walt Disney shared his plans for a theme park in central Florida 41 years ago this month.

The biotech research facility is expected to help spur the growth of a medical community in southeast Orlando that will have as many residents in 25 years as today's Winter Park and Maitland populations combined.

More importantly, Orlando Mayor Buddy Dyer says, the spinoff development is expected to increase central Florida's high-tech, high-wage jobs by 2030 to a number comparable to today's tourism workforce.


"This hasn't happened haphazardly," says Orlando Mayor Buddy Dyer. "People have been sitting in their cubicles for decades trying to get this done."

The Burnham site, which will employ about 300, will be part of the 7,000-acre Lake Nona community south of State Road 528 and east of Orlando International Airport. Lake Nona also is slated to house a new University of Central Florida medical school in 2009, a University of Florida research team and possibly a U.S. Veterans Administration hospital. Lake Nona's owner, Tavistock Group, is said to be pushing for a regional hospital there as well.

The development will be part of a larger area of eastern Orange County dubbed by county Mayor Rich Crotty as Innovation Way, where technology companies are eventually expected to link UCF and the airport.

The southeast is projected as the largest growth area within the city limits, says Paul Lewis, a senior planner in the city's economic development department. It's expected to increase from about 16,400 residents in 2005 to more than 68,839 by 2030 -- a 320% jump. The influx of new residents will boost Orlando's population 42% from 217,567 in 2005 to 307,971 in 2030.


Tags: Central, Healthcare

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Water is the instrument at Florida Orchestra concerts
Water is the instrument at Florida Orchestra concerts

Florida Orchestra Percussionist John Shaw and his water basin will be center stage for the Tan Dun Water Concerto, a unique production of light and sound being performed by the Florida Orchestra.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How quickly must we act to protect Florida's dying springs?

  • Immediately - Florida's House and Senate must pass SB 1576
  • Not a priority - issue can be postponed
  • This shouldn't even be on the agenda

See Results

Ballot Box
Subscribe