Orlando Business News
BUSINESS NEWS
Little Giant: A Celebration of Chinese Cuisine in Orlando
News Summary Little Giant, a culinary pop-up in Orlando founded by Kristine Young, pays homage to family traditions and Chinese cuisine. Inspired by her mother’s home cooking, Kristine offers a...
Orlando Faces Tourist Drought: The Impact of Tariffs
News Summary Orlando’s tourism sector is grappling with a decline in visitors, particularly from Canada, attributed to increasing tariff costs. The tourism industry reports a 9% drop in international air...
Record Residential Real Estate Transactions in Dr. Phillips
News Summary The real estate market in Orlando’s Dr. Phillips area has seen a surge in property transactions from April 14 to April 20, 2023. Notable sales include a luxurious...
Bedford to Welcome First Universal Theme Park in Europe
News Summary Bedford is set to make history with the arrival of the first Universal Theme Park in Europe, scheduled to open by 2031. This project, supported by Comcast NBCUniversal,...
Orlando Proposes After Midnight Sales Permit Amid Neighborhood Concerns
News Summary Orlando is contemplating a new After Midnight Sales Permit aimed at balancing the needs of local businesses and residential communities. After a meeting with stakeholders, city officials propose...
Orlando’s Office Market Shows Signs of Recovery
Orlando’s Office Market on the Mend Orlando, a city known for its sunshine and theme parks, is also turning heads with its office market improvements. As we rolled into 2024,...
Seven Central Florida Restaurants Shut Down Over Health Violations
News Summary In Central Florida, seven restaurants were temporarily closed due to serious health violations during inspections conducted between March 31 and April 6, 2025. The issues included the presence...
Big Real Estate Moves in Orlando!
News Summary Orlando’s real estate market has seen a surge of activity, highlighted by impressive sales including the Cypress Point estate for $8 million and other properties selling within days....
Wausau Radio Hosts Advocate for Red Lobster
News Summary In Wausau, Wisconsin, radio hosts Ryan Gallager and Paul Grinsel have dedicated nearly a year to advocating for a local Red Lobster. Their campaign includes creative efforts like...
Finance
Orlando Faces Economic Impact from New Tariffs
News Summary Orlando, Florida, grapples with uncertainty as President Trump announces a 10% tax on imports, raising concerns over tourism, particularly from Canada. Experts warn of potential reductions in Canadian...
Florida Returns Over $33 Million in Unclaimed Property
News Summary In January 2025, Florida returned more than $33 million in unclaimed property to residents, with Orlando receiving over $4 million. CFO Jimmy Patronis announced that many Floridians may...
50 Cent Wins Legal Battle Over Custom Motorcycles
News Summary Rapper 50 Cent has triumphed in his legal dispute with Parker Brothers Concepts, winning a $195,000 arbitration award for unfinished motorcycles. After extensive arbitration, the Ninth Judicial Circuit...
Celebrating Financial Literacy: FAIRWINDS Foundation Grants $500,000
News Summary The FAIRWINDS Foundation commemorates its commitment to financial literacy by distributing a record $500,000 in grants at a recent event in Orlando. This year’s contributions, a $100,000 increase...
Sal’s Pizza to Open First Florida Location in Orlando
News Summary Orlando is set to welcome Sal’s Pizza, a beloved New England chain, opening its first Florida location on January 24 at Live! at Pointe Orlando. Known for its...
Orlando-Kissimmee-Sanford Area Maintains Steady 3% Unemployment Rate
News Summary As 2024 comes to a close, the Orlando-Kissimmee-Sanford area is experiencing stability with a 3% unemployment rate for December. This resilience reflects the robust local economy amidst ongoing...
Orlando’s Economy and Tourism: The Impact of Trump’s Policies by 2025
News Summary As Orlando approaches 2025, discussions swirl around how President-elect Trump’s return might affect the city’s tourism and overall economy. Analysts from PFM Group predict the proposed tax reforms...
Orlando Ranked as a Top Job Destination for 2025
News Summary Orlando has been named the 10th best city for job seekers in the U.S. for 2025, according to a WalletHub study. The city has a robust job market...
Taylor Morrison Invests $41.46 Million in Sunbridge Community
News Summary Taylor Morrison, one of the largest homebuilders in the nation, has made a substantial investment in the Sunbridge community of Orlando, acquiring a site for $41.46 million. This...
CONSTRUCTION
Walt Disney World Announces Major Expansion Plans
News Summary Walt Disney World in Orlando is set for a transformative expansion, with new attractions, hotel accommodations, and water parks planned through 2029. Local businesses are preparing for the...
New Developments Transform Cady Way Trail in Orlando
News Summary Orlando’s Cady Way Trail is experiencing significant transformation with new residential projects, including Lake Baldwin Lane Townhomes and the Aurora on the Trail. These developments focus on urban...
Orlando Legislators Support Small Businesses Amid Construction Challenges
News Summary Orlando’s small businesses are facing significant challenges due to extensive road construction projects. To alleviate some of the burdens, legislators have proposed financial aid, including grants and loans...
New Mixed-Use Development Approved for E. Colonial Drive
News Summary Orlando’s Municipal Planning Board has approved an ambitious new mixed-use development at 1840 E. Colonial Drive. The project, developed by NVision Development, will rise nine stories and include...
New Multifamily Development Coming to Kissimmee
News Summary Residents of Kissimmee can look forward to a new multifamily development featuring 380 apartment units. Set to be completed by early 2027, this project by West Carroll Property...
Apopka Unveils Ambitious $500 Million Floridian Town Center Development
Apopka’s Urban Development Project Takes Shape Apopka, Florida, is poised to transform into a bustling urban hub with the introduction of the Floridian Town Center, a $500 million mixed-use development....
Apopka’s Urban Evolution: Major Developments Set to Transform the City by 2025
Apopka’s Transformation: A Look Ahead to 2025 As Central Florida enters a new era of development, Apopka stands at the forefront of transformation. Significant changes are underway as various projects...
Orlando Plans Urban Park Beneath Interstate 4 to Revitalize Downtown Area
Orlando to Transform Under Interstate 4 with New Urban Park The city of Orlando is set to embark on an exciting project that aims to transform an underutilized area beneath...
Major $17 Billion Development Deal Announced for Walt Disney World in Orlando
Major Development Deal Approved for Walt Disney World in Orlando Orlando, Fla. — The Central Florida region is gearing up for a massive investment as the Central Florida Tourism Oversight...
Marketing
Orlando Faces Tourist Drought: The Impact of Tariffs
News Summary Orlando’s tourism sector is grappling with a decline in visitors, particularly from Canada, attributed to increasing tariff costs. The tourism industry reports a 9% drop in international air...
Bedford to Welcome First Universal Theme Park in Europe
News Summary Bedford is set to make history with the arrival of the first Universal Theme Park in Europe, scheduled to open by 2031. This project, supported by Comcast NBCUniversal,...
Volusia County Embraces SunRail Transition
News Summary Volusia County is set to take ownership of the SunRail commuter train system, marking a significant shift in its operation. With an annual cost of $6.7 million for...
Breeze Airways Launches Nonstop Flights from Key West to Orlando
News Summary Breeze Airways is set to launch a new nonstop flight route from Key West to Orlando starting June 2025. With a competitive one-way fare of $39, flights will...
Breeze Airways Launches New Routes for Orlando Travelers
News Summary Breeze Airways is set to enhance travel for Orlando residents with new flight options, including a route to Greensboro/Winston-Salem, North Carolina. Starting June 6, passengers will benefit from...
Entrepreneurial Stories Highlighted at ASI Show Orlando 2025
Exciting Entrepreneurial Stories Shine at ASI Show Orlando 2025 Orlando came alive with entrepreneurial spirit at the ASI Show, where _passion, persistence, and community engagement_ took center stage, showcasing tales...
Revitalization Plans for Magnolia Avenue in Downtown Orlando
News Summary Downtown Orlando is set to undergo a major transformation along Magnolia Avenue as plans for revitalization are in motion. With the goal of turning the area from a...
Orlando Community Leaders Discuss Holiday Developments and Local Updates
Orlando’s Vibrant Conversations on Community Updates Orlando is buzzing with exciting developments as local leaders and businesses come together to discuss several significant happenings in the area. In a recent...
New Digital Signs Enhance Visitor Experience at Universal Orlando Resort
New Digital Signs Unveiled at Universal Orlando Resort Orlando, Florida – Universal Orlando Resort continues to enhance its visibility and visitor experience with the unveiling of two new digital signs....
Real Estate
Record Residential Real Estate Transactions in Dr. Phillips
News Summary The real estate market in Orlando’s Dr. Phillips area has seen a surge in property transactions from April 14 to April 20, 2023. Notable sales include a luxurious...
Orlando’s Office Market Shows Signs of Recovery
Orlando’s Office Market on the Mend Orlando, a city known for its sunshine and theme parks, is also turning heads with its office market improvements. As we rolled into 2024,...
Big Real Estate Moves in Orlando!
News Summary Orlando’s real estate market has seen a surge of activity, highlighted by impressive sales including the Cypress Point estate for $8 million and other properties selling within days....
Orlando’s New Coworking Hub: PIPELINE
News Summary PIPELINE is Orlando’s latest coworking space, located on the 11th floor of the Orange Avenue tower. It offers a unique environment for startups and nonprofits, emphasizing creativity and...
New Discount Retail Space Coming to South Orlando
News Summary A new discount retail space is set to open in South Orlando, covering approximately 10,640 square feet off East Wetherbee Road. The development aims to provide affordable shopping...
Real Estate Sales Surge in Orlando: March 17-23
News Summary The Orlando real estate market experienced a vibrant week from March 17 to 23, showcasing impressive sales including properties like a million-dollar home on Chilton Drive. Homes sold...
Metro Orlando Welcomes 76,000 New Residents in 2024
News Summary Metro Orlando has experienced a rapid population growth of 76,000 new residents in 2024, reaching a total of 2,940,513. This marks an impressive 2.65% increase year-over-year, making it...
Luxury Home Sales Surge in Dr. Phillips
News Summary Orlando’s real estate market is witnessing a significant uptick in luxury home sales, especially in the prestigious Dr. Phillips neighborhood. Recently, several high-end properties have changed hands, with...
New Developments Transform Cady Way Trail in Orlando
News Summary Orlando’s Cady Way Trail is experiencing significant transformation with new residential projects, including Lake Baldwin Lane Townhomes and the Aurora on the Trail. These developments focus on urban...
