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Central Station. 400 North Orange Avenue Orlando, FL . Presented by : RIDA Development Corporation www.ridadev.com. MISSION.
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Central Station 400 North Orange Avenue Orlando, FL Presented by: RIDA Development Corporation www.ridadev.com
MISSION • The development of Central Station will be a transformative project set for Downtown Orlando. Central Station will become the city’s first transit-oriented, mixed-use development tied directly to SunRail and will serve as a model for aligning mixed-use development with maximized access to public transportation, including SunRail, LYNX and LYMMO, with multi-modal connectivity as a central design component.
LOCATION • Located in the heart of Orlando’s Central Business District (CBD) • Mixed use Transit Oriented Development (TOD) to include: • Hotel/Conference • Residential • Retail • Office • Prestigious Orange Avenue address • Superior access to Multi-Modal Transit and I-4
SITE FACTS • Location incorporates existing LYNX Central Station as Phase 1 of overall development. • Integrated design creating “campus” feel. • Incorporation of “Green Design” elements.
COMPONENTS OF TRANSIT ORIENTED DEVELOPMENT • Walkable environment • New urban design • Transit station as prominent feature • Smart transportation • A regional node containing a mixture of uses • Connectivity • High density, high-quality development • Managed parking • Sustainability • Quality of life equals“High sense of Place”
MULTI-MODAL TRANSPORTATION • City’s Central Hub • Site offer direct access to: • SunRail at Central Station: Offers 30-minute peak service in each direction from 5:30 am to 8:30 am and 3:30 pm to 6:30 pm; and 2-hour off-peak service in each direction. • LYNX at Central Station: Operates 38 bus routes accounting for 150 buses per day and servicing over 14,000 passengers per day. • LYMMO Service: City’s free bus service circulating the CBD. LYMMO comes by every 5 minutes at Central Station.
DESIGN COMPONENTS 130 ± room urban style hotel State-of-the-art conference facilities 300 Luxury residential rental units Up to 30,000 sq ftof restaurant and retail 220,000 sq ft ofClass A office Urban plazas and park elements
HOTEL DESIGN • 130 room urban style hotel • National branded hotel • Designed for the business traveler • Florida “Green Lodging”
CONFERENCE FRIENDLY DESIGN • State-of-the-art conference facilities • Perfect for small business conferences • Boardroom capabilities • Ideal for legal and mediation conferences
RETAIL DESIGN • A collection of restaurants and shops • Large patio space for outdoor dining • Retail integrated throughout site • Retailers eligible for Orlando-At-Work incentives
RESIDENTIAL DESIGN • Crescent Communities designed luxury residential rental units • High-end interior finishes • Convenient urban living • Incorporates open space into design • Direct access to SunRail and LYNX andLYMMO • Campus-style access toamenities • Commencing Fall 2014
OFFICE DESIGN Class-A office facilities Prestigious Orange Avenue address Direct access to SunRail, LYNX and LYMMO Single-tenant, built-to-suit opportunities Provides cost-efficient transportation solutions for employees “Green Design”
OPEN SPACE DESIGN • Central Station will feature interactive open space components • The Plaza provides an Orange Avenue sense of arrival & place • The Linear Park: • Provides a green gathering point in the middle of Central Station • Enhances sense of arrival for SunRail and LYNX riders • Defining element of TOD & Central Station
Central Station Facts and Figures • Population: • 14,515 in 1 mi. radius • 90,440 in 3 mi. radius • Over 7.5 Million sq.ft. of office space in the CBD • Office Market Employment: • 69,186 in 1 mi. radius • 195,569 in 3 mi. radius • SunRail stops every 30 minutes • 150 buses depart each day from Central Station • Over 14,000 users of LYNX Central Station on a daily basis • Over 100 restaurants in the CBD • Over 7,600 people at County Court House each day
Stress Free – Car Free Environment Your car is optional at Central Station • SunRail to: • Performing Arts Center: 2 mins • Florida Hospital: 5 mins • ORMC: 5 mins • Winter Park: 11 mins • Kissimmee or Lake Mary: 30 mins • Which one would you choose?
About RIDA In the Central Florida market for over 25 years Currently have $800 Million of Real Estate holdings in Central Florida Created over 1,200 construction job s and 1,400 direct, permanent jobs at Hilton Orlando and Omni Resort at ChampionsGate Actively developing the 1,500 acre ChampionsGate mix use development with $500 Million dollars invested in hotels, conference centers, office, retail, residential and recreational uses Worldwide experience developing retail, office, distribution, residential, hotel and mixed-use land developments with total value of $5 Billion of existing and planned developments Committed to creating another successful, large-scale development… Central Station at 400 North Orange Avenue.
Why Central Station Central Station is Downtown’s premier location Central Station’s TOD design creates a “High Sense of Place” Multi-modal options make Central Station the most convenient place to get to in Central Florida Integrated hotel, conference, residential, retail and office at Central Station provides a complete experience in an urban setting Central Station... Go Multi-Modal… Simplify your life