January 2006
In this issue of Full Circle, we’ll explore the future for commercial real estate development
in Central Florida.
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Managing Central Florida's Commercial Real Estate Boom |
Fueled by a robust local economy, the future for commercial real estate development in Central Florida looks bright. The region is the second fastest growing major MSA in the nation with employment increasing at twice the national average. CBD and suburban office vacancy rates are holding steady at less than 11 percent.
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CTH+A's Approach to Smart Growth
CTH+A embraces the importance of smart growth and comprehensive master planning in all of its commercial real estate development projects. This commitment is evidenced in the firm’s unique multidisciplinary approach to architecture and planning; one that includes in-house real estate research and development services along with the more traditional offerings of architectural design and planning. |
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Rene Alvarez, Associate, Senior Planner/Designer
Architect. World traveler. Experienced skydiver. The career of Rene’s father as a civil engineer took the family to Pakistan, Brazil, Paraguay, and the Dominican Republic. It also sparked Rene’s interest in architecture. “I was attracted to the profession through my experiences with my father; childhood visits to his office and countless site visits to projects around the world,” Rene explains.
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College Park Community Center |
PROJECT NEWS
• Firm Receives Top Ranking to Design A New Urban Elmentary
School Prototype for Orange County Public Schools
• New College Park Community Center Opens
• CTH+A Provides Pro Bono Services to Orlando
Union Rescue Mission
• Construction of the Firm’s City of DeLand City Hall/
Municipal Complex Underway
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Orange County, Florida
Plaza Venezia, the 129,000-square-foot shopping center located in Orlando’s Sand Lake sub-market, illustrates how real estate and creative master planning can enhance a property’s potential. The firm’s work for Goodwill Industries of Central Florida is an example of how CTH+A applies real estate research to meet the client’s needs.
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In 2005, CTH+A continued to hold fast to its award-winning reputation for community service, contributing $600,000 in cash and in-kind donations to various community organizations.
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• The AIA reports that embedded in one of the tax bills now moving through Congress is a provision that would reauthorize the Qualified Zone Academy Bond (QZAB) school construction bonding program.
• Black’s Guide, one of the nation’s longest-running and most comprehensive sources for commercial real estate information, is now available ONLINE through the EDC’s website: www.OrlandoEDC.com.
• The American Institute of Architects has published a new issue brief on smart growth plans that supports mixed-use development, including residential, commercial, retail and municipal buildings, in close proximity to one another.
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