1. How does the country's immigration policy feed into its construction worker shortage?
2. What new projects along Orlando's booming i-4 Corridor will have the greatest impact? and what have been the challenges with each?
4. How can environmental hazards, like protected species on the job site and major disasters, affect construction and development? and how can you prepare for them?
|8:00 AM - 9:00 AM||
Coffee, Breakfast & Networking
|9:00 AM - 9:45 AM||
Policy, Permitting, and the Labor Shortage in Orlando
|9:45 AM - 10:30 AM||
Major Projects & Construction Trends Changing the Region
|10:30 AM - 11:00 AM||
100 S Eola Dr #200
Orlando, FL 32801
Ballroom: Grand Ballroom
Parking Information: $7 Valet, Street Parking & Nearby Garages
Last year was a strong one for the Orlando real estate market, supported by strong demand for office and industrial steady growth in rental rates, and a considerable amount of new construction. Several developments broke ground in 2017, including the first major high-rise in downtown since 2011!
Institutional capital took notice of Orlando’s market in 2017. Especially industrial, driving investment sales volume to over 4 million square feet. This new institutional interest resulted in peak pricing for well-located Class-A warehouse/distribution assets.
Now that things have improved, huge projects — like the $2.3 billion I-4 Ultimate revamp — are keeping the area's top subcontractors tied up, making it harder for contractors to find workers. This, alongside other national issues, has caused a major labor shortage.
Despite the local and national labor shortage, Orlando's construction and development market is expected to stay positive throughout 2018 with demand from existing and new-to-market tenants bolstered by solid growth in hiring and positive economic fundamentals.
Join us on June 14 for a lively and informative discussion about the state of the Orlando construction and development market led by our all-star cast of luminaries.
Please send event questions and topic/speaker recommendations to Chris Wainwright at Chris.Wainwright@Bisnow.com.