As the Metro-Orlando core continues to approach build-out and growth pressures extend into the surrounding counties, Lake County finds itself uniquely positioned to absorb a significant portion of Central Florida's future growth. Through on-going and extensive strategic planning efforts directed at identifying and conceiving Lake County's primary strategic growth corridors, Lake County Economic Development and its local partners are ensuring that the County is well prepared to absorb this future growth.
The information below provides a brief summary of four of Lake County’s more prominent strategic growth corridors.
470 Commerce Center
The 470 Commerce Center is a master planned high tech industrial and business park located at the intersection of Florida’s Turnpike and County Road 470 in western Lake County. The 470 Commerce Center is comprised of over 3,000 acres, all of which is owned by the City of Leesburg. The City of Leesburg has dedicated significant resources to making the park one of the region’s primary locations for job creation.
The 470 Commerce Center is strategically focused on the growth of Aerospace, Advanced Materials, General Machinery, Homeland Security/Defense manufacturing, Light Industrial, Logistics/Distribution and Plastics industry sectors. McCallum Sweeny, a nationally recognized site selection company, with the help of Duke Energy, recently completed an extensive Site Readiness Assessment on this site. The City of Leesburg has been aggressive in engaging McCallum Sweeny to expand the assessment into their Certified Site Program, which will enable the site to become only the second "Certified Ready" site in the State of Florida.
The entire site is currently zoned PUD, which will allow significant development flexibility in an expedited manner.
The City of Leesburg, Lake County and State of Florida have a number of incentives and programs to assist companies that are looking to relocate to, or expand into the 470 Commerce Center. For further information concerning development opportunities in the Commerce Center, contact Michael Rankin, Economic Development Director, City of Leesburg, at 352-728-9786 ext. 1111, email at Michael.Rankin@leesburgflorida.gov or the Lake County Economic Development Department at 352-742-3918.
View the 470 Commerce Center Map
On a regional scale, the southern portion of Lake County is endowed with unique assets upon which Lake County is planning to create a regionally significant employment center dubbed "The Wellness Way". The Wellness Way corridor includes over 16,000 acres located in the transportation "Golden Triangle," inside of Interstate-4, Florida’s Turnpike and U.S. Highway 27.
The corridor is enhanced by State Road 429 and the soon-to-be completed Wekiva Parkway. Immediately to the east of the corridor is Horizon's West, a master planned community in Orange County that will integrate seamlessly with the Wellness Way, and is just 30 minutes away from the Orlando International Airport. Wellness Way is more than a spot on the map, it is a concept and a vision for creating a more robust and healthy economy for Lake County through:
- Human Wellness: Capitalizing on the human performance training, nutrition, sports medicine and health sciences work being done at the National Training Center, South Lake Hospital and Lake-Sumter State College, among others.
- Economic Wellness: Capitalizing on existing growing industries
- Environmental Wellness: Preserving Lake County's natural resources through effective master planning
View the Wellness Way Map.
Minneola Interchange & Minneola CRA
In the spring of 2013, the Florida DOT approved funding for the new Minneola Interchange on Florida’s Turnpike in South Lake County. The interchange will be located at the epicenter of the City of Minneola’s recently created CRA, which spans roughly 4,000 acres and will be home to four (4) planned mixed-use developments. In total, the four developments have entitlements for over 8,000 residential units, 1.69 million square feet of retail and office space and 1.4 million square feet of industrial space.
The Minneola Interchange is conveniently located 20 minutes from downtown Orlando and 30 minutes from the Orlando International Airport. Interstate 4 and Interstate 75 are both within a 20 minute drive of the interchange.
Wolf Branch Innovation District
The recently approved Wekiva Parkway will act as the final leg of the outer beltway around the City of Orlando, and will create significant economic development opportunities in Lake County. The new extension will link State Road 429 in Apopka to Interstate-4 and State Road 417 in Sanford. A significant portion of the Wekiva Parkway will travel through Lake County and will include an extension linking the Parkway to State Road 46, U.S. Highway 441 and the City of Mount Dora.
The Lake County Economic Development Department is working jointly with the City of Mount Dora to plan and develop a significant employment center situated on approximately 900 acres along the Parkway extension into Mount Dora. An existing Joint Planning Agreement between the City of Mount Dora and Lake County has established consistent land use classifications on the proposed properties and both parties are currently in the process of funding a detailed market analysis, which will ultimately guide the planning and development of the employment center.
It is anticipated that the Mount Dora Employment Center will include a wide range of land uses including commercial, light industrial and retail; however, the market analysis will assist in determining the ultimate mix of uses. For more information about the Mount Dora Employment Center, contact the Lake County Economic Development Department at 352-742-3918.
View the Mount Dora Employment Center Map