Lake Nona is a planned community that sits behind the Orlando International Airport, just a few miles southeast of downtown Orlando. It is home to the large, picturesque lake of the same name and has become a fast-growing, innovative community in Central Florida.
In the last five years alone, the population of the Lake Nona community has nearly doubled and many estimates predict that by the year 2020, the population could be as high as 100,000. There are currently 20,000 homes under construction or planned in the area, as well as numerous high profile corporate, medical, and commercial projects in development. In fact, The United States Tennis Association is on track to finish their 63-acre national campus in Lake Nona later this year, a state-of-the-art facility that will house more than 100 tennis courts.
Lake Nona Medical City
One of the most significant catalysts to the growth of the Lake Nona area has been the implementation and expansion of the Lake Nona Medical City. This health and life sciences park consists of major medical facilities such as the University of Central Florida’s Health and Sciences Campus (including the university’s College of Medicine and Burnett School of Biomedical Sciences). In the future, this will grow to include UCF’s College of Nursing, College of Dental Medicine, and a university hospital. In addition, Lake Nona Medical City is home to Nemour’s Children’s Hospital, a University of Florida Academic and Research Center, a Valencia College satellite campus and a Veterans Administration Medical Center. This large medical center is a huge draw for students and professionals working in the medical field.
The Lake Nona Medical City has been in development since October of 2005 and has rapidly grown ever since – and with it came a surge in commercial, retail, and residential real estate. With projects such as the United States Tennis Association headquarters and the burgeoning medical city, Lake Nona is producing high-paying, competitive jobs while providing world class amenities and huge economic potential. The area is drawing many affluent, upper middle class homeowners. In the world of Central Florida/Orlando real estate, Lake Nona has become a shining star.
An Investment in Nature
Don’t write Lake Nona off as a cluttered mess of suburban sprawl, as plans also include a 334-acre city park, almost 50 miles of trails, and numerous other community parks and green spaces (not to mention a plethora of lakes and waterways). The intentional planning of this community, along with it’s proximity to MCO and Downtown Orlando, make it a convenient and desirable place to call home.
With unprecedented growth predicted for the area, Lake Nona is poised to be one of the most significant and influential communities shaping the economic landscape of Central Florida.
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