Tuesday, July 5, 2016

Lincoln Announces Anchor Tenant for Tremont Plaza in Orlando, FL

Nan McCormick
ORLANDO, FL (July 5, 2016) – Lincoln Property Company (Lincoln), the developer for the 28-story Tremont Plaza in downtown Orlando, Florida, is pleased to announce its anchor tenant, FAIRWINDS Credit Union, the largest Orlando-based financial institution with $2 billion in assets.

Nan McCormick of CBRE represented FAIRWINDS in the transaction.

“We’re pleased to be growing as a financial institution and expanding our presence in downtown Orlando,” said Larry Tobin, president and CEO of FAIRWINDS Credit Union. “We look forward to the development that Tremont Plaza will bring to our beautiful city, including jobs, local business, and tourism.”

Tremont Plaza, a mixed-use high-rise located on the “gateway corner” of Garland Ave. and South St., will include retail, restaurant, and banking space in the lobby, approximately 650 parking spaces in 10 levels of structured parking, seven levels of office space totaling more than 200,000 square feet, and an eight-story, 180-room AC Hotel by Marriott.

Scott Stahley
“Tremont Plaza will offer a prime location in an office market that has been experiencing a wealth of leasing activity, but hasn’t had new office space since Lincoln built 111 North Magnolia almost a decade ago,” said Scott Stahley, senior vice president of Lincoln.

The plans also include incorporating a new Sunrail platform for Church Street Station inside the building, providing for a ‘Grand Central Station’ type of feel and arrival, which will offer future access to Orlando International Airport and connectivity to Miami CBD via All-Aboard Florida’s high-speed train.

“It’s become apparent that this unprecedented transit-oriented development, centrally located in the CBD, coupled with its lifestyle hotel as an amenity, will make the property very appealing to not only start-up and tech companies who are seeking to attract and retain top talent, but typical office tenants and hotel guests as well,” Stahley added.   

For a complete copy of the company’s news release, please contact:

Savannah Durban
The Wilbert Group

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