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Innovation Way

From Wikipedia, the free encyclopedia

Innovation Way
LocationOrlando, Florida, United States

The Innovation Way Corridor is a development area planned for Orlando, Florida. The planned corridor is to stretch south from the University of Central Florida to International Corporate Park, then West towards the Lake Nona area and finally ending at the Orlando International Airport. At the heart of this development plan is the expansion and extension of Alafaya Trail (SR 434) south from Avalon Park to SR 528 running between the county landfill and the OUC Curtis H. Stanton Energy Center, then continuing through International Corporate Park before it curves west towards the Lake Nona area and the airport. The entire corridor is planned to be approximately 17 miles (27 km) long. The heart of the planned project is to create a technological and business corridor linking the University of Central Florida to the Orlando International Airport.[1]

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  • ✪ Central District will transform KU’s research environment
  • ✪ SIEMENS Innovation Way to 1853-2013

Transcription

♪ KU choral chant ♪ ♪ soft, inspirational music ♪ MALE NARRATOR: The University of Kansas has a long, proud history. It's filled with rich tradition... academic excellence ... scientific breakthroughs. Yet today, we have an opportunity. It's a once in a lifetime chance to create a place that completely transforms the way we teach. The way we learn. The way we conduct research. We call it Innovation Way. CHANCELLOR: Innovation Way is really a way of describing a concept that we have for how sciences need to develop here at the university. What kind of facilities we would need to support interdisciplinary research. Facilities that would be current, world class, and that would allow that kind of collaboration. And all of that is what's referred to as Innovation Way. MALE NARRATOR: Innovation Way - an academic community stretching from the heart of campus into the West District - will bring together many disciplines to advance medicine, science, and technology. Innovation Way will encompass our existing science, mathematics, engineering, and pharmacy buildings, and add cutting-edge laboratories and technical facilities to expand the scope of our research. New learning spaces will create richer academic experiences. Shared common areas will promote multidisciplinary collaboration, outreach, and partnerships that will benefit our entire university. Innovation Way will propel KU to the forefront of scientific advancement. It's where research will flourish. Where invention and innovation will merge. Where we will make new discoveries that will change the world.

Contents

Development

Phase 1

Phase I of the Innovation Way project is the extension of Alafaya Trail from Avalon Park to SR 528. The project as designed will include a 4-lane roadway complete with sidewalks and an on-road bike path and will cover a total distance of 4.81 miles (7.74 km). The total projected cost is $30,098,953.25 and is set to begin in August 2006 with a completion date of December 2008.[2] Phase 1 has been completed just under 1.5 years over schedule

Phase 2

Phases past phase 1 have yet to be funded.

Project Difficulties

International Corporate Park

A key cornerstone to the Innovation Way plan was to bring the UCF Medical Institute and the Burnham Institute to the International Corporate Park development, but both of those facilities have decided to move closer to the Lake Nona area. Due to the loss of these two facilities, the developers of the Internal Corporate Park have floated the idea that warehouses and corporate distribution centers would generate more profit than High Tech jobs, 3,500 homes, and town center, as originally planned. The International Corporate Park area is already zoned for 20,000,000 square feet (1,860,000 m2) of industrial warehouses, which according to the developers would now be much more profitable than building the residential sections of the plan in a declining housing market. In late November 2006 the International Corporate Park developers sent a letter to Orange County canceling a planned meeting on how to move forward with the Innovation Way plans and they have claimed there is a waiting list of industrial buyers to purchase warehouse space on their property.[3]

It is currently unknown how the Innovation Way project will continue if the International Corporate Park developers back out of the plans. The developers expect to make a final decision in early January 2007.

Orange County Expressway Authority

In mid-2006 the Orlando-Orange County Expressway Authority canceled funding to an interchange on SR 528 which would have connected to the Innovation Way developments. The Expressway Authority has suggested toll increases to pay for this and other projects but has been unable to do so due to recent scandals and inconsistencies with the agency's handling of toll revenue.[4]

See also

References

  1. ^ http://www.orangecountyfl.net/cms/DEPT/growth/planning/innovationway.htm Innovation Way Archived September 9, 2006, at the Wayback Machine
  2. ^ "Innovation Way I Archived 2007-03-11 at the Wayback Machine." Orange County Government. Retrieved on September 16, 2006.
  3. ^ "Corporate Corridor 'Innovation Way' Plans May Be Changing Archived 2007-09-27 at the Wayback Machine" WFTV. Retrieved on December 18, 2006.
  4. ^ "Road agency wants toll hike." The Orlando Sentinel. Retrieved on December 18, 2006.

External links

This page was last edited on 19 June 2019, at 18:03
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