April, 2024 Downtown Orlando is experiencing a surge in commercial development, driven by increasing demand for office and mixed-use spaces in the heart of the city. According to recent reports, several new projects are reshaping the skyline and adding to the vibrancy of the downtown area. As of March 2024, the Downtown Orlando Community Redevelopment Agency/Downtown Development stated that there are 20 proposed projects worth over $1.45 billion in the pipeline, including:  321,045 SF of office space  136,162 SF of retail space  4,258 residential units  556 hotel rooms  [...]

March, 2024 Amidst ongoing efforts to address Florida's housing shortage, recent changes to the Live Local Act promise significant benefits for developers involved in affordable housing projects. The amended legislation, which recently passed with a resounding 112-1 vote in the state House, is poised to bolster the state's housing initiatives pending Governor Ron DeSantis' signature. Originally enacted to alleviate housing shortages, particularly exacerbated by increased migration and soaring rent prices, the Live Local Act offers tax breaks and regulatory incentives to developers aiming to construct affordable and workforce-priced rentals. However,[...]