Tavistock Development Company, a diversified real estate firm owned by Tavistock Group, announced today the signing of a built-to-suit lease at Infinity Park with Orange Lake Resorts, home to the Holiday Inn Club Vacations® brand, that will result in the creation of a new corporate campus that will house approximately 2,100 employees within two buildings totaling 240,000 SF. This lease appears to be the largest office lease transaction in Orange County in 2017.
Source: Tavistock Development Company – Image is of current Infinity Park building leased by Orange Lake Resorts (formerly occupied by Connextions)
“We are delighted for Orange Lake Resorts to expand their campus at Infinity Park,” said Skipper Peek, Senior Vice President of Tavistock Development Company. “The Orange Lake Resorts campus is great validation of Infinity Park’s strategic location and another major corporate win for the region.”
Orange Lake Resorts will expand its current presence at Infinity Park with an existing 115,000 SF building and the creation of a new 125,000 SF building for a total campus footprint encompassing 240,000 SF. The location will create a centralized gathering space between the two buildings at the company’s new corporate campus. Construction of the new 125,000 SF building is scheduled to break ground this fall and open in the fourth quarter of 2018. The project architect is Hunton Brady. Jeff York of York Properties represented Orange Lake Resorts in the lease transaction.
“We are proud to be a Central Florida home-grown company with a 35-year history in the area,’’ said Don Harrill, CEO of Orange Lake Resorts. “We are excited to consolidate all of our corporate functions into one central location with great access to transit, the airport and roads. Our team has worked hard to make us one of the fastest-growing private businesses in our industry and this new campus will enable us to continue our 10 years of record growth.”
“Our goal is to continually grow this company and do what we need to provide our team members with the best possible work environment for them to succeed,” commented Tom Nelson, President and incoming CEO of Orange Lake Resorts. “These modern facilities are purpose-built for them and set the tone for how we grow. As we continue to seek out new resorts and destinations for our club members and owners, our demand for new recruits is increasing rapidly. This corporate campus will accommodate our projected growth for the foreseeable future.”
Infinity Park is a 200-acre, mixed-use, business park, offering a variety of built-to-suit commercial space opportunities. The corporate park is strategically located within Central Florida along John Young Parkway and less than 1/3 mile from SR 528. Infinity Park is located adjacent to top employers including Lockheed Martin, Darden Restaurants, Houghton Mifflin Harcourt, Starwood and Wyndham Vacation Ownership.
In addition to Infinity Park, Orlando-based Tavistock Development Company’s real estate portfolio includes the large-scale, master-designed Lake Nona community in southeast Orlando. Tavistock’s corporate pipeline includes major regional projects including KPMG’s $400-million training and innovation center and the newly announced Amazon high-tech fulfillment center, both of which continue to position Lake Nona as one of the fastest-growing communities in America and a significant job creator for both the region and the state.
For leasing opportunities at Infinity Park contact Scott Bell, who recently joined Tavistock Development’s commercial development team as Director of Infinity Park. Scott can be reached at scott.bell@tavistock.com.
ABOUT LAKE NONA
Orlando’s Lake Nona is one of the fastest-growing communities in America with more than 10 million square feet of world-class residential and commercial facilities – and it’s just getting started. The large-scale, master-designed community is home to thoughtfully designed neighborhoods, world-class education facilities, a Health & Life Sciences Cluster, a Sports & Performance District highlighted by USTA’s New Home of American Tennis – the largest tennis facility in the world, diverse work spaces, recreational facilities, retail centers, and entertainment venues encompassing the best Orlando has to offer with all the conveniences of a dynamic, vibrant community. Driven by a long-term vision, Lake Nona is committed to building an innovative community that inspires human potential whilst being focused on sustainable design, healthy living, and groundbreaking gigabit fiber optic technology. Adjacent to Orlando International Airport, Lake Nona will feature millions of square feet of commercial space, thousands of hotel rooms, 25,000+ residents and hundreds of shops and restaurants.
ABOUT TAVISTOCK DEVELOPMENT CO.
Tavistock Development Company is a diversified real estate firm owned by Tavistock Group specializing in planning, design, finance, construction and development. Tavistock Development Company’s real estate portfolio is highlighted by the 17-square-mile, master-planned community Lake Nona in Orlando, Florida, in addition to its infrastructure network, residential, office and retail development and medical and educational institutions. For more information, visit www.tavistockdevelopment.com
ABOUT ORANGE LAKE RESORTS
Orange Lake Resorts encompasses 26 resorts and 7,400 villas in the U.S., with more than 340,000 timeshare owners and 4,600 employees.
Orange Lake Resorts, a leader within the vacation ownership industry with more than three decades of proven success, operates the Holiday Inn Club®. The Holiday Inn Club Vacations® brand was created in 2008 through a strategic alliance with IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies. The Holiday Inn Club Vacations flagship property in Orlando, Fla., located next to the Walt Disney World® Resort, was established in 1982 by Holiday Inn® founder Kemmons Wilson. The timeshare brand includes 26 resorts across 13 states. For more information on Holiday Inn Club Vacations or to book reservations, visit hiclubvacations.com. Find us on Facebook at facebook.com/hiclubvacations or Twitter at twitter.com/hiclubvacations.
