Economic Geography of Lake County Presentation

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Economic Geography of Lake County Presentation

Economic Development• How does the County balance job creation with othergrowth management objectives?• Can you have high value job creation and still maintainhigh quality of life?• How does Lake County Create an effective economicdevelopment strategy?• Where is the best location for job creation in LakeCounty?November 20064


Economic DevelopmentHow does the County balance job creation with other growthmanagement objectives?- A strong Comprehensive Plan that addressesenvironmental protection and economic growth equally.- Setting the bar higher for the quality of the builtenvironment.- Existing residents and future employers want unique ‘placemaking.’- Identifying the opportunities for these unique employmentlocations should be done now in the Comprehensive Plan.November 20065


Economic DevelopmentCan you have high value job creation and still maintain highquality of life?• Yes. Examples exist throughout central Florida:– Maitland Center– Lake Mary/Heathrow– Lake Nona/Innovation Way– UCF Research ParkNovember 20066


Economic DevelopmentHow does Lake County create an effective economicdevelopment strategy?• Identify and clarify the vision.– What are Lake County’s strengths?• Aggressively seek partnerships.– Community Colleges, Universities, Hospitals, LakeSchool Board• Take advantage of the County’s spatial position in theregion.– Unprecedented opportunity to capture the next wave of highvalue jobsNovember 20067


Economic DevelopmentWhere is the best location for job creation in Lake County?• Site Selection consultants identify these factors as critical to ‘new age’ job creation:• Business Climate• Workforce• Operating Costs• Accessibility• Quality of Life and ‘special placemaking’• Lake’s cities have some, but not all of these assets.• Best opportunities may lie in new ‘workplace’ areas close to Lake’s cities but mostlocated in unincorporated areas.• Accessibility is the primary issue for Lake County. The goal should be to reversecommute, keep Lake residents ‘home’ and draw from Orange County’s economicactivity.– Seminole County is a prime example of the success of this strategyNovember 20068


Economic DevelopmentWhere is the best location for job creation in Lake County?• Significant future employment centers have beenconsidered on the draft Future Land Use Map:– City of Leesburg – Turnpike and CR 470– US 27 and Turnpike– US 27, SR 19 and Turnpike– Hills of Minneola – Turnpike and New Interchange– Mount Dora Area Employment Center– South Lake @ Orange County Line (SR 429)November 20069


DraftFutureLand UseMapNovember 200610


Employment CentersCR 470 &TurnpikeCity ofLeesburgCity of Leesburg PlanLake County PlanNovember 200611


Employment CentersUS 27 &TurnpikeNovember 200612


Employment CentersUS 27,SR 19 &TurnpikeNovember 200613


Employment CentersHills ofMinneolaNovember 200614


Employment CentersMount DoraAreaEmploymentCenterNovember 200615


SouthLakeandHorizonWest


Economic DevelopmentWhere is the best location for job creation in LakeCounty?• 4 of the 6 areas shown on the draft Future LandUse Map are along the Florida Turnpike;• Mount Dora location is based on plannedexpansion of the Orlando Beltway (SR 429);• South Lake is adjacent to Horizon West inOrange County and the newest leg of theOrlando Beltway.November 200617


Employment CentersCR 470 &TurnpikeThe Turnpike ‘String of Beads’US 27 &TurnpikeUS 27, SR19 &TurnpikeHills ofMinneolaNovember 200618


Economic DevelopmentWhere is the best location for job creation in Lake County?• The job creation ‘engine’ of Orlando and Orange County is the core economic driverfor all of central Florida;• Over time, employment grows outward from the core as accessibility is improved.Examples include:– Maitland Center– Heathrow– LeeVista @ Orlando International Airport– Research Park @ UCF• Current LPA Comp Plan emphasizes employment centers as a ‘string of beads’along the Turnpike traveling northwest from Orlando;• High quality employment centers will ring the Orlando beltway long before they willdevelop along the ‘string of beads.’ Warehouse and distribution centers may evolvealong the ‘string’, but the County’s economic aspirations should be higher.November 200619


Economic DevelopmentLikelydevelopmentalong the‘string ofbeads.’November 200620


Smart Growth Strategies and Job CreationWhere is the best location for job creation in Lake County?Turnpike String:– City of Leesburg – Turnpike and CR 470– US 27 and Turnpike– US 27, SR 19 and Turnpike– Hills of Minneola – Turnpike and New InterchangeMost may be best suited for warehouse/distribution uses at this timeBeltway Locations:– Mount Dora Area Employment Center– South Lake @ Horizon West and the BeltwayThese are the prime ‘near term’ targets for high value/high wage jobsNovember 200621


Myregion.organd the PennDesign StudyNovember 200623


Regional View: Where to GrowMyregion.orgNo considerationof Turnpike andMount DoralocationsNovember 200624


November 200625


How will wegrow?What if nochanges aremade?November 200626


How do we grow?Is there adifferentway?November 200627


How do we grow?The ‘better’ waycalls on SouthLake to attachto the Beltway.This is also thefastest way tofoster ‘new age’job creation.November 200628


Growth Trend Models


Smart Growth and Job CreationWhat Smart Growth Principles must be applied to anemerging Employment Center for Lake County?• Mix Land Uses – Employment, Education, Leisureand Living• Compact Building Design• Walkable Development• Distinctive and Attractive• Strong Sense of Place• Preserve Critical Environmental Elements• Encourage Collaboration in Decision MakingNovember 200630


Smart Growthand jobcreationNovember 200631


Thepotentialfuture ofsouthLake atHorizonWestNovember 200632


November 200633


November 200634


Economic DevelopmentLikelydevelopmentalong the‘string ofbeads.’November 200635


Smart Growth and Job CreationSummary• The Orlando Beltway is Lake County’s lifeline to theeconomic engine of central Florida;• The Mount Dora area employment center and South Lakeat Horizon West are the two primary locations where Lakecan build great ‘places’ that are driven by newemployment;• South Lake at Horizon West is poised to host the nextwave of high quality/high wage job growth in a regionalemployment center, long before the ‘string of beads’ andbefore Mount Dora due to the existence of the Beltway;Novemeber 200636


Smart Growth and Job CreationRecommendations• Develop strategies in the Comprehensive Plan that build onthe County’s strengths;• Continue to encourage Warehouse and Distribution uses inthe “String of Beads” and improve the quality of these areasthrough the adoption of design standards;• Establish the Mount Dora and South Lake at Horizon WestEmployment Centers as ‘smart growth places’; and• Include smart growth policies and standards in theComprehensive Plan that foster great ‘placemaking’ in thesehigh wage/high value employment centers.November 200637

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