LAKE NONA BEGINS NEXT PHASE OF EXPANSION IN SPORTS & PERFORMANCE DISTRICT

Phase one, two-story building to provide 50,000+ square feet of space for industry partners 

Lake Nona, Orlando, FL – Lake Nona, one of the Top 10 fastest growing communities in America, has announced development plans for their third office building in the Sports and Performance District, which is one of the cornerstones of the 11-square-mile, integrated and collaborative community.

The two-story building, encompassing 50,000+ square feet of office space, will be located adjacent to the brand new 63-acre United States Tennis Association’s (USTA) National Campus, and the Orlando City Soccer Club’s new 23-acre training complex. The building, which was first unveiled at the Tennis Industry Association’s annual meeting in Miami last month, will offer all sports industry partners with a home away from home with spaces that will be built-to-suit of various sizes.

“We are truly excited to begin our next phase and the construction of our third office building in the Sports and Performance District, and given the strong interest in the building we’ve already started design of its sister building,” said Andy Odenbach, vice president of sports ventures for Tavistock Development. “We will be offering tenants a state-of-the-art facility that has the most advanced technology which will create a very efficient and productive environment within the growing sports cluster.”

In addition to being home to USTA’s New Home of American Tennis and the Orlando City Soccer Club’s new training facility and elite youth academy, the Sports and Performance District offers a forward-thinking platform for sports and performance related organizations in training, nutrition, human performance and health technology with unique resources including: a gigabit fiber network for fitness, sports and performance applications and high-bandwidth video, sports medicine practices in conjunction with Lake Nona Medical City partners, where marketing firms and manufacturers will be able to test their products and services.

About Lake Nona:

Orlando’s Lake Nona is one of the fastest growing communities in America with more than $3 billion in construction in the last 8 years across 7.1 million square feet of world-class residential and commercial facilities – and it’s just getting started.  The 11-square-mile master-designed community is home to thoughtfully designed neighborhoods, world-class education facilities, Lake Nona Medical City, 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 focused on sustainable design, healthy living, and groundbreaking gigabit fiber optic technology. Adjacent to the Orlando International Airport, Lake Nona will feature millions of square feet of commercial space, thousands of hotel rooms, 25,000+ residents and in excess of 100 shops and restaurants.