scottb411, on Jun 21 2009, 10:57 PM, said:
I wouldn't get down on Lake Nona because it is not in downtown. Both Orlando Health and Florida Hospital have long-term plans for their expansions for their bookends in downtown and have two great buildings in Winnie Palmer and the new tower that Florida Hospital just built. Nemours wanted to build their hospital in downtown but it would have competed with Orlando Health and Florida Hospital so out it went. The location of Lake Nona adjacent to research park opens up a lot of exciting opportunities of combining medical research with simulation and laser technologies. If any of this spills into downtown, we are in good shape and there will be plenty of growth in the downtown residential market housing these professionals.
Nemours actually wanted to build near Millenia Mall (accross Conroy from Bible Land). The competition from Nemours is the same whether it be downtown, Millenia or Lake Nona ... very little. The only difference is now people get to drive further (read burn more gas, have new roads built, open up land for development).
Don't get me wrong, I'd rather have med city where it is than no med city ... but opening up new areas for development is not a good thing (even if some spills over into downtown). I like downtown growth because I'd rather see the city grow up nrather out. So growing up only as a by-product of sprawl defeats the whole purpose. The only reason Med city is where it is to spur growth. Tavistock (who owns Lake Nona) donated the land to UCF and Burnham to spur development. "Build it and they will come."