Orlando is experiencing an accelerated period of economic expansion, with local officials citing the metro’s recent leadership in job, population, and GDP growth among large U.S. markets. The region added more than 37,000 jobs over the past year and continues to report record-setting international travel through Orlando International Airport. That momentum is drawing increased attention from Miami-based development firms, several of which have recently advanced large-scale residential and mixed-use proposals across downtown and key growth corridors in Central Florida.
Among the largest projects is a planned $2 billion redevelopment of the former Orlando Sentinel site led by Midtown Development. The 18-plus-acre assemblage in downtown Orlando is slated for a dense, mixed-use transformation that would significantly reshape the city’s core.
In the tourism corridor, The Big Key Group is advancing Ambar Residences Orlando, described as the first for-sale Apartments by Marriott Bonvoy residences. The project represents a hospitality-backed residential model entering the Orlando market and signals additional brand-aligned development interest in the region.
Shoma Group has proposed 550 Shoma, a 16-story high-rise planned for 550 Mariposa Street. Announced in 2023, the project is expected to include Shoma Bazaar, the firm’s food hall concept. Construction had previously been slated to begin in 2024, with completion targeted for 2026.
West of downtown, Westside Capital Group is leading the RoseArts District, a $2 billion, three-phase redevelopment planned for a 128-acre site at the former Lake Orlando Golf Club. The master plan calls for 5,650 multifamily units, approximately 350,000 square feet of commercial space, and 65 acres of green space.
The Related Group has also expanded its Central Florida footprint, acquiring 20 acres along International Drive for a future luxury apartment development, further reinforcing institutional interest from South Florida-based firms in Orlando’s growth trajectory.
Collectively, these proposals represent billions of dollars in planned investment and reflect a broader shift in capital allocation toward Central Florida. With multiple large-scale developments moving through planning and pre-construction phases, Orlando’s urban core and surrounding corridors are entering a new cycle of high-density residential and mixed-use expansion.
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