Orlando, Fla., to be Site of First World Trade Center in Southeast

Construction to start in early 2008 on World Trade Center Orlando


ORLANDO , Fla., Nov. 7 -- Construction is scheduled for early 2008 on World Trade Center Orlando , according to David Houri, president of Skyrise Development Group, developer of the twin tower project that will dominate the skyline of this Central Florida city. World Trade Center Orlando is a member of the World Trade Centers Association (WTCA), a global organization that connects its members to over 300 cities and 90 countries around the world. More than 750,000 companies are affiliated with WTCA, a world leader in creating innovative services for international business.

The downtown Orlando project will consist of two multi-use towers on a single base, one 25 stories, the other 28 stories, with over 500,000 sq. ft. zoned for commercial mixed use including Class A office with executive suites, retail, banking, restaurants and a health club. The buildings will be LEED and Energy Star certified with advanced "green friendly" technology. Tenants will enjoy a Real Time Location System that coordinates elevators to the correct floor, and turns on air conditioning, lights and other niceties when their car accesses the garage.

Strategically positioned in the center of Florida and the gateway to the Americas, the Orlando region offers strong attraction for a wide variety of corporate headquarters. Leasing is already underway on World Trade Center Orlando according to Byron Sutton, CEO and director of the project's leasing program. "We anticipate that all elements of trade and trade related enterprises will be represented in the WTC Orlando complex. Rental rate on office space is currently in the mid-20s for a net lease, with availability for a bank with drive-thru lanes, and a variety of restaurant sites. Our marketing efforts are world wide. We are working with real estate brokers from many different countries," notes Sutton.

Both WTC Orlando towers will be built at the same time with occupancy estimated for mid-2009. As developer of the signature project, South Florida-based Skyrise Development Group's real estate portfolio consists of properties and holdings that span the nation and includes multi-use urban complexes, industrial developments and luxury residential buildings. The Company's capabilities encompass financing, acquisition, development and construction. Skyrise Development Group also operates subcontracting divisions in Shanghai, China and Indore, India .

For information contact Byron Sutton at WTC Orlando , 407-649-1899, orbyrons@worldtradecenterorlando.org.