Turner Construction Will Build Rumored Disney Office
An Orlando office project may begin construction soon, regardless of the real estate challenges due to the pandemic. Tavistock Development Company selected Turner Construction to build the rumored Disney office at Lake Nona in Orlando, Florida.
The Orlando-based company, Tavistock Development, plans to begin construction in early September 2021, and construction may end in November 2022. The building will have an impressive eight stories, as well as 280,000 square feet. Also, it will have View Smart Windows that self-tint depending on outdoor conditions.
In addition, Tavistock Development Company selected New York-based Turner Construction Company from six contractors placed on the shortlist. Real estate sources estimate the construction cost to be $35 million to $40 million.
The new office may accommodate 1,640 full-time jobs, as well as temporary jobs during the construction of the building. Additionally, the new, potential tenant may attract other corporations to the community. Any guesses on who the new tenant might be?
Welcome to Lake Nona, Disney
Although Tavistock Development has not shared information regarding the building’s tenants, there are speculations. The Walt Disney Company may be a tenant in the building due to their plans to relocate 2,000 jobs to Lake Nona.
Disney representatives have not commented on this information either. However, Disney is also discussing an age-restricted community in Sunbridge with Tavistock Development.
Indeed, this community is similar to The Villages in Orlando but smaller; however, a finalized deal is not verified. As always, MickeyBlog will keep you updated as new information emerges.
Article Information: www.bizjournals.com
Featured Image: centralfloridaprimerealestate.com
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