There's more to love about Orlando then just theme parks. Yes, we are known for all of our tourist attractions and welcome thousands of visitors. However, residing in Orlando or surrounding areas is such a pleasure.
Orlando, Florida was ranked 7th in place as Best-Performing City by nonprofit, nonpartisan analytics group; the Milken Institute. This is an improvement from last years 8th place ranking. The study released last week is based on an annual review of 381 metropolitan areas, which “considers growth in jobs, wages, and high-tech positions” (Orlando Sentinel).
“Though typically known as a tourist destination, the continued diversification of the metro’s economy will add to its success in the future,” Milken Institute researchers stated.
The employment sector has shown some momentum more recently in part because the University of Central Florida, with enrollment of more than 64,000 students, helps feed growing high-tech industries, the report stated” (Orlando Sentinel).
Looking ahead, researchers noted that a planned $500 million expansion of the Orange County Convention Center should help draw more visitors to the region. And KPMG’s debut with a training campus in Orlando’s Lake Nona is set to bolster job growth with an estimated 1,000 new positions, according to the institute.
“We view the Central Florida market as having a lot of potential, not least because of its connectivity, world-class educational institutions, and lower land costs compared to metro areas like Miami or Fort Lauderdale,” said Brad Meltzer, president of Plaza Construction Group Florida, which just expanded into the region.
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