ORLANDO, Fla. --- Marketplace Advisors, Inc., a real estate consulting company that focuses on retail districts, town centers, sustainable community development, celebrated its 10th anniversary in May, and founder and president David Marks said he is becoming more optimistic about the future of commercial real estate markets in Central Florida.
“The Central Florida region has experienced employment growth of 20,400 jobs over the last 12 months (March 2010 to March 2011), a two percent increase. Several pockets of commercial and residential activity are occurring in the Horizons West area in southwest Orange County, Lake Nona’s Medical City area, The Villages, and the UCF area,” Marks said.
Marks said these areas all have strong demand factors driving development. “Employment drives residential development and residential development drives retail and service businesses. All of these area hotspots are being driven by these circular factors,” Marks said.
Marks has more than 25 years of experience in commercial real estate consulting and community planning. His 10-year study of sustainable community planning in the U.S. and Europe has generated a unique database of planning and development models.
Marks is a frequent speaker at U.S. urban planning and community development conferences and conventions and is now currently negotiating with several New York publishers on a book that details his study.
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