Commercial Construction Permits on the Rise in Orlando
Winds of change have been sweeping across Orlando, with commercial investors and developers looking for opportunities to stay on pace with the growth. Always a strong indicator of economic optimism, the number of commercial construction permits pulled in February was up considerably compared to the same time period last year.
According to Orlando Business Journal, the value of commercial construction permits for this past February was $105.2 million, compared with only $71.4 million in February of last year. This represents an increase of 47%. What this tells us is that investors and businesses are recognizing the growth here in Central Florida and are making solid plans to grow their presence in 2015.
Have you been searching for available commercial real estate in Orlando? Here at Harkins Commercial, we have a portfolio of properties in a variety of locations throughout Lake Mary, Sanford, and the Orlando area. We can meet your needs whether you are seeking a lot ready for construction or an existing structure to round out your investment portfolio.
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