DPR Construction has been chosen by New York-based KPMG LLP to serve as general contractor on its 800,000-square-foot corporate training center in Lake Nona, construction market sources with knowledge of the agreement told GrowthSpotter.
**UPDATE** KPMG confirmed the selection of DPR on Sept. 7 for its $400 million training center project.
Located at 9313 Lake Nona Blvd., the property was bought from Tavistock Development Company in December 2016 for more than $41.84 million, and both companies celebrated the $430 million project with a formal groundbreaking on May 22.
Notable projects that DPR's Orlando office has led the construction of include Darden Restaurant Group's corporate headquarters, CNL Tower II and its parking garage expansion, Disney Springs' parking garage, and in Lake Nona the first phase of Lake Nona Town Center, the U.S. Tennis Association's national campus, and the Ronald McDonald House at Nemours Children's Hospital.
DPR will be responsible for all construction and work-site management, including a commitment to deliver the project on schedule and within budget for KPMG. Laying of foundation should occur between September and November.
The project's previously estimated timeline targets the fall of this year for foundation work to start, early 2018 for superstructure construction, late 2018 for the building to be fully enclosed, and year-end 2019 for project completion.
The KPMG facility is considered one of the largest GC contracts in Greater Orlando for 2017. With Gensler on the project as architect, DPR's portfolio of nearly 500 past projects with them likely contributed to the selection.
DPR features 17 past construction and renovation projects on its website in which Gensler was architect, the most notable being Broadcom Corp.'s 73-acre campus in California, the AFLAC headquarters in Georgia, and interior buildout of PDI/DreamWorks animation studios in San Francisco.
KPMG applied for a foundation permit on Aug. 11 with the South Florida Water Management District, which included final site buildout plans. The property will be served by two stormwater detention ponds, one off-site to the west and the other on-site along the property frontage.
The company has also submitted a foundation permit request to the city of Orlando that is under staff review. KPMG construction manager Bill Flemming told GrowthSpotter on Aug. 14 he expects a groundbreaking for the foundation work in October.
KPMG's mass grading permit was issued in late June, and that mass grading work and importing of an estimated 230,000 cubic yards of fill dirt is underway by JR. Davis Construction Company. Enough dirt is needed to create a 10-foot elevation for the entire building pad and entry way.
Behind three gated entry points to the property will lie an expansive 54.5-acre campus with outdoor recreation and learning spaces, walking paths, a baseball field, and a boardwalk leading northwest to a dock on Red Lake.
A majority of the property should be developed in Phase 1, with a training and lodging facility that includes 800 single-occupancy lodging rooms and 350,000 square feet of conference space, along with an outdoor social venue building of 15,000 square feet.
A Phase 2 expansion would include up to 400 more lodging rooms and 200,000 square feet of event space. The property is expected to have restaurants and bars, hiking and biking paths, a softball field and volleyball court.