The Florida Advanced Manufacturing Research Center in Kissimmee will feature a 100,000-square-foot facility set to open in the second half of 2016.
The center will be home to the International Consortium for Advanced Manufacturing Research (ICAMR), which will focus on the development and production of cutting-edge products like smart sensors and photonics devices.
The project has drawn investment from UCF, Osceola County and Enterprise Florida, among other public and private entities. The center is projected to have 250 high-tech jobs when it opens in 2016.
The Osceola County Commission voted in February to approve up to $67.5 million in bonds to fund the project. Osceola County will invest $87 million for construction and equipment, and contribute nearly $138 million overall.
UCF will provide $10 million from non-public sources to aid construction and $7 million more in faculty hires. The facility will be leased and operated by UCF for $1 per year over 30 years.
The center could receive another $220 million in federal funding later this year to build an Integrated Photonics Institute for Manufacturing Innovation. UCF is leading a team of five universities and industry partners to create that institute at the smart-sensor facility in Osceola, if it wins a federal bid. The U.S. Department of Defense is expected to award $110 million for the project later this year, which would be matched by private industry investment.
Location: Built on 20 acres of property owned by the county and previously known as Judge Farms, near the intersection of Florida Turnpike and U.S. 192.
Owner: Land is owned by Osceola County, while facilities are owned by the International Consortium for Advanced Manufacturing Research
Start Date: October 2014
End Date: Late 2016
Project Budget: Construction is projected to cost about $70 million, with total project cost to reach $270 million
General Contractor: Skanska USA's office in Orlando, for a contract of up to $10 million for preliminary design and building services.
Description: A 100,000-square-foot research and manufacturing facility that will develop and produce cutting-edge products like smart sensors and photonics devices.