Lake Nona's newest neighborhood is featured in this month's Builder Magazine.
Lake Nona’s Laureate Park started out with all the location advantages a new community could want. It’s minutes from Orlando International Airport and has direct access to a loop road around the metropolis.
But its biggest new advantage can be seen through some of the windows of the community’s brand-new model homes—the impressive towers of Medical City, six new medical and research facilities that will soon be the workplace of 4,000 new employees.
The new University of Central Florida College of Medicine, the Sanford-Burnham Medical Research Institute, Nemours Children’s Hospital, MD Anderson Cancer Center, the Orlando Veterans Affairs Medical Center, and the University of Florida Research and Academic Center at Lake Nona are in the process of opening next door on what was a cow pasture in 1996 when Tavistock Group bought the 7,000 acres in Southeast Orlando that it grew into Lake Nona.
Lake Nona was a success even before Medical City came to be. But Laureate Park, Lake Nona’s newest 2,700 lot community, planned specifically for Medical City employees, is becoming a blockbuster success story. By the end of April, 50 homes had been sold in the first stage of 350 lots. After the Christmas holidays the sales pace for the community jumped to close to 10 homes a month for its three builders.