Health Village to Boost Orlando through Job Creation
Health Village to Boost Orlando through Job Creation and Economic Development
Urban initiative around Florida Hospital Orlando will draw life science innovators to area and create 8,000 total new jobs by 2023
ORLANDO, Fla., November 30, 2012- Central Florida recently received an economic boost with the introduction of two new bioresearch partners calling Health Village home. In the heart of Orlando, Health Village is an up and coming, 7.1 million square-foot urban hospital community setting the pace for environments like it around the world. Designed as a destination for world-class healthcare, Health Village plans to create 8,000 total new jobs by completion. Private and public partnerships will span technology, education and business development initiatives to advance medical care, as well as create an environment to live and play with residential housing, parks and retail space.
"The growth of Health Village is another sign that Florida's economy is headed in the right direction," said Lt. Governor Jennifer Carroll. "Governor Scott and I are working every day to grow jobs and create opportunities for Florida families. I am honored to help announce how this project will make a positive impact in the lives of those who call Central Florida home."
Mazor Robotics, Inc., an Israeli developer of innovative surgical robots and complementary products, has chosen to relocate its U.S. headquarters to the City of Orlando. Mazor Robotics, Inc., will utilize space in the Florida Hospital BioResearch Center at Health Village.
"We look forward to relocating our U.S. base to the Metro Orlando area," said Ori Hadomi, CEO of Mazor Robotics, Inc. "We anticipate a great deal of growth over the next several years, and the Florida Hospital system has been an innovator with their rapid adoption of the Renaissance technology. We strongly believe that with the Orlando area's commitment to providing a superior environment for medical research and development, our company will be well-positioned to maximize that growth opportunity."
Windsor Onix Holdings LLC, has created a flexible design in the five-story, 150,000 square-foot Florida Hospital BioResearch Center that will be used for training, as well as house a product demonstration center and an electro-mechanical lab for product enhancements. It will accommodate office and lab space, including wet and dry labs and an IT backbone that will connect to Florida Hospital. Construction on this $55 million project is expected to be complete by early 2015.
The Profil Institute for Clinical Excellence, a renowned center for diabetes and obesity early phase clinical research, is establishing its first east coast location through a joint venture with Florida Hospital. The Profil Institute at Florida Hospital will be located on the third floor of the Florida Hospital-Sanford Burnham Translational Research Institute (TRI). Profil will create a Phase 1 clinical research institute that will capitalize on the scientific expertise of the TRI, clinical research expertise of Profil and the patient populations of Florida Hospital. Profil will utilize a 9,500 square-foot space and 14 research beds, providing the TRI fully integrated resources for accelerating research from the research bench to the patients' bedside.
"Health Village is an integral part of our community's life sciences industry cluster," said Orlando Mayor Buddy Dyer. "Globally successful biotech companies like Mazor and Profil are increasingly attracted to Central Florida because of the combination of cutting-edge research, educational institutions and practical application among healthcare institutions in our community."
An important and unique component of Health Village is its environment dedicated to lifestyle. In addition to world-class healthcare, The Ivy Residences at Health Village is a $38 million, 248-unit apartment complex by The Ustler Group designed with hospital employees in mind that desire to live in affordably priced housing close to work. The complex will have proximity to shops and restaurants in Health Village. Construction is expected to be complete by early 2014.
"Today's announcement of new partnerships is the perfect example of the spirit of collaboration found throughout Metro Orlando, particularly in our life sciences sector," said Rick L. Weddle, president and CEO of the Metro Orlando Economic Development Commission. "The Metro Orlando EDC was proud to work with the State of Florida, City of Orlando and Florida Hospital to recruit Mazor Robotics and Profil Institute to our region. This is consistent with a trend of growth in the both the life sciences cluster and in the continuing attraction of additional corporate headquarters to the region."
The Health Village vision stands to be completed by 2023. With 3.8 million square-feet left for development, the economic opportunities continue to grow for current and future Health Village partners.
"Health Village is 10 years in the making, working with the city and state for development and design," said David Banks, senior vice president at Florida Hospital and lead executive overseeing Health Village. "A key component of Health Village is bioscience and the innovations and translational breakthroughs that will happen here. But Health Village is not just science. It's a place to live, to work, to eat and to shop."
For media inquiries only, please contact Florida Hospital Media Relations at 407-303-8217.