The beginnings of Town Center in Lake Nona

Tavistock Development Co. is readying Phase One of its Lake Nona Town Center, a four-story, 80,000-square-foot multi-tenant shopping center across from Medical City.

The first phase will include two hotels -- a Courtyard by Marriott and Marriott Residence Inn -- that together will contain 200 rooms and the area's first onsite conference and event spaces.

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Lake Nona Town Center will also include a parking structure, retail space and office space. Tavistock will move its corporate headquarters to the site from nearby.

Phase One represents the first step in what will be a 1-million-square-foot complex designed for businesses and residents that are moving to the burgeoning area.

FAST FACTS

LOCATION: Lake Nona

OWNER: Tavistock Development Co.

START DATE FOR PHASE ONE: 2014

END DATE: First Phase, including office and hotels, this fall. Retail, first quarter, 2016

PROJECT BUDGET: Not disclosed

GENERAL CONTRACTOR: DPR Construction

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