What is NeoCity and why it's important to Orlando investors
Osceola county's plans will have a huge impact on Orlando's future and economic growth.
The Biden Administration just announced that the United States’ first major investment in our nation’s microchip resurgence will be made in Osceola County.
Last year, Osceola and its Coalition partners received $50.8 million from the Department of Commerce’s Economic Development Administration (EDA) to develop Central Florida’s semiconductor and microelectronics industry hub.
What does this mean for investors in Orlando? This is good news. More jobs will be making their way to Central Florida, which ultimately will lead to more population growth and sustainability for the economy as a whole. This props up any current investments as well as future development for this region of Florida.
NeoCity will be tech-centric and have airports, seaports, universities, manufacturing facilities, and more. It will essentially be a place to think of, create and actually manufacture tech products to help spear the effort of bringing back skilled labor to the United States. This is expected to take around 50 years to roll out the multi-phased plan.
If you are ready to jump into the Orlando market...Everest Place is a great way to start. It's a 1 Billion dollar master-planned community just minutes from Disney and will feature luxury condos from Mysk by Shaza, a globally recognized luxury brand from the Middle East, and Nickelodeon Hotels & Resorts.
Everest Place Rendering. The major roads are US192 (North & South) and US429 (East & West)
Image from Nickelodeon Hotels & Resorts Riviera Maya, Mexico
Pool from Mysk Al Mouj - Muscat, Oman