Tourism officials recently announced a record 70 MILLION people visited Central Florida in 2017. Making it the most visited city in the country.
Tourism affects many of our lives. Some days all I see is the traffic on I4, but I also see the incredible impact it has on our local economy.
According to the Orlando Business Journal, the Orange County Convention Center was pacing to have a $1.43 billion dollar economic impact on Central Florida in the first half of 2018 alone. Before I moved to Florida I frequented the Convention Center on a semi-regular basis. It always seemed like there was some sort of real estate convention taking up the space. Now I'm there regularly for builder trade shows, real estate expo's, golf shows, and the occasional Star Wars convention.
An estimated 1.5M people walked the convention hallway floors in 2017. With all this growth, local trade show organizers are pushing forward a plan to invest over $500M into the OCCC. With an additional 890k sqft of additional space, the organization is hoping to attract an additional 250k visitors through their doors on an annual basis. Features will include a 60k square foot ballroom, 40k in meeting space, incredible new facades, and so much more.
It's estimated that it'll take 4 1/2 years for competition of all these upgrades. That timeline started last year with the initial design phases. I'll keep you updated on the progress. In the meantime, here are a few concept renderings of the new space.
Let me know what you think!