| ORLANDO, Fla., Nov. 7 /PRNewswire/ --
Construction is scheduled for early 2008 on
World Trade Center Orlando, according to
David Houri, president of Skyrise
Development Group, developer of the twin
tower project that will dominate the
skyline of this Central Florida city. World
Trade Center Orlando is a member of the
World Trade Centers Association (WTCA), a
global organization that connects its
members to over 300 cities and 90 countries
around the world. More than 750,000
companies are affiliated with WTCA, a world
leader in creating innovative services for
international business.
The downtown Orlando project will consist
of two multi-use towers on a single base, one 25 stories, the other 28 stories,
with over 500,000 sq. ft. zoned for commercial mixed use including Class A office
with executive suites, retail, banking, restaurants and a health club. The
buildings will be LEED and Energy Star certified with advanced "green friendly"
technology. Tenants will enjoy a Real Time Location System that coordinates
elevators to the correct floor, and turns on air conditioning, lights and other
niceties when their car accesses the garage.
Strategically positioned in the center of Florida and the gateway to the
Americas, the Orlando region offers strong attraction for a wide variety of
corporate headquarters. Leasing is already underway on World Trade Center Orlando
according to Byron Sutton, CEO and director of the project's leasing program. "We
anticipate that all elements of trade and trade related enterprises will be
represented in the WTC Orlando complex. Rental rate on office space is currently
in the mid-20s for a net lease, with availability for a bank with drive-thru
lanes, and a variety of restaurant sites. Our marketing efforts are world wide.
We are working with real estate brokers from many different countries," notes
Sutton.
Both WTC Orlando towers will be built at the same time with occupancy estimated
for mid-2009. As developer of the signature project, South Florida- based Skyrise
Development Group's real estate portfolio consists of properties and holdings
that span the nation and includes multi-use urban complexes, industrial
developments and luxury residential buildings. The Company's capabilities
encompass financing, acquisition, development and construction. Skyrise
Development Group also operates subcontracting divisions in Shanghai, China and
Indore, India.
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