FM Jan 05 - Orlando, Inc.
Transcription
FM Jan 05 - Orlando, Inc.
w w w. o r l a n d o. o r g The Central Florida region's job market is ablaze with jobs in the healthcare, hospitality and high-tech industries. Find out what the fastest-growing occupations are and how they affect the region’s economy. INSIDE Get Educated with ExtraCredit BANKING AND FINANCE Small Business is Big Business Conventional Wisdom Common Sense Reform THE COMMUNITY SOURCE FOR SMART BUSINESS J A N UA RY 2 0 0 5 volume 8 number 1 EXECUTIVE PUBLISHER — ORLANDO REGIONAL CHAMBER OF COMMERCE PRESIDENT & CEO JACOB V. STUART EXECUTIVE VICE PRESIDENT ROBERT RECKER ADVISORY BOARD SCOTT FAGAN SHELLEY LAUTEN CYNDI MATZICK RUTH MUSTIAN VILMA QUINTANA KRISTINE VORPAGEL SHIELDS LISA WINKELBAUER PUBLISHER — KNIGHT IMAGES INC. PRESIDENT & CEO MICHAEL HINN VICE PRESIDENT—PUBLISHING KEVIN O’NEIL [email protected] EDITOR IN CHIEF TRACEY VELT [email protected] CONTRIBUTING EDITOR JACK ROTH CONTRIBUTING WRITERS SARAH SEKULA CONNIE SUE WHITE CREATIVE DIRECTOR MIKE FORISTALL ART DIRECTOR BARBARA GEORGOUDIOU PRODUCTION ARTIST TRICIA HEATH PRODUCTION SUPERVISOR NICK GEORGOUDIOU PRODUCTION COORDINATORS JEN WONDRELY KAREN RAY PUBLICATION COORDINATOR CARRIE BRKICH ADVERTISING DIRECTOR MONIQUE RANDALL ADVERTISING MANAGERS KATRINA RINI JACKIE CANDELARIA FirstMonday is published monthly and prepared by the Orlando Regional Chamber of Commerce and Knight Images. All copyright privileges are reserved by the publisher. Any reproduction in whole or in part without express written consent is strictly prohibited. FirstMonday welcomes articles, story ideas and feedback. However, neither the Orlando Regional Chamber of Commerce nor Knight Images assumes responsibility for the return of unsolicited manuscripts, photographs, negatives or transparencies. FOR INFORMATION, PLEASE CONTACT: KNIGHT IMAGES 130 South Orange Ave Suite 150 Orlando, Florida 32801 Phone 407-206-1011 Fax 407-206-1019 [email protected] ORLANDO REGIONAL CHAMBER OF COMMERCE P.O. Box 1234 Orlando, FL 32802-1234 Phone 407-425-1234 Fax 407-835-2500 [email protected] ADVERTISING INFO Kevin O’Neil,VP Publishing 407-206-1011 [email protected] Monique Randall 407-805-0548 [email protected] fm 01.05 4 on the cover: Hot Jobs 21 Get Educated With ExtraCredit 10 Small Business is Big Business 13 Conventional Wisdom 28 Common Sense Reform 32 CONTENTS 01.05 F E AT U R E S D E PA RTM E N T S 21 HOT JOBS 6 8 16 18 24 28 30 32 35 38 UPFRONT 13 FOCUS ON | banking and finance COVER STORY The Central Florida region’s job market is ablaze with jobs in the healthcare, hospitality and high-tech industries. Read on to find out what the fastest-growing occupations are and how they affect the region’s economy. REGIONAL WRAP TECH KNOW LIVE AND LEARN ON LOCATION DESTINATION STATE OF THE ARTS ISSUES WATCH CHAMBER INSIGHT PARTING SHOTS To the delight of small business owners, local banks are providing more products and services geared toward the little guy. Check out the new and exciting offerings. 10 GET EDUCATED ON EXTRACREDIT The Earned Income Tax Credit program will give low-wage workers and Central Florida an economic boost. We’ll give you tips for promoting the program to your employees. NEWS INDEX 55 West 24 Coding Edge Inc. 9 Florida Hospital System 21 Abdo & Burts LLC 24 Colonial Properties 24 GrayRobinson 33 Association to Preserve the Eatonville Community Inc. 30 Downtown Development Board 18 FAIRWINDS Credit Union 38 Greater Orlando Regional Association 24 Lake Eola Charter School 19 Orlando Museum of Arts 30 The Christ School 18 Baldwin Park 24 Fishkind and Associates 22 Howard Middle School 19 Lockheed 16 Peabody Hotel 23 The Ginn Co. 8 Boeing 16 Jardon and Howard Technologies Inc. 16 Magic Financial Services/ Magic Properties 24 Real Estate Research Consultants 21 United Arts 30 Brevard Community College 8 Florida Agency for Workforce Innovation 21 Channel Intelligence 22 Florida Chamber of Commerce 32 Kinetics 9 CHEP 8 Florida High Tech Corridor 16 Kuhn Development 24 Metro Orlando Economic Development Commission 16, 21 Reunion Resort & Club of Orlando 8 Northrop Grumman 8 Science Applications International Corp. 16 Orlando/Orange County Convention & Visitors Bureau 22, 28, 30 University of Central Florida 8, 21, 38 Votesmart.org 33 Southern Wine and Spirits 9 THE FIRSTMONDAY MISSION FirstMonday gives you positive, credible and compelling stories that focus on the key trends, people, businesses and events that drive Central Florida’s growth and progress.We aim to build a strong, vibrant and diverse community. fm 01.05 5 UPFRONT the Central Florida region through their products, services and community advocacy. With a strong, committed business community, our region will continue to serve as a model for excellence across the nation. Look for these new highlights: The Issues Watch department will look at what local leaders are doing to prevent special interests from taking control of Florida’s Constitution. Read about the burgeoning growth of the modeling and simulation industry’s premier event in Tech Know. Interested in finding out how arts and cultural events affect our local economy? Read about it in the new State of the Arts department. FirstMonday Gets a Boost The region’s office condominium market is booming. Find out why in On Location. Four huge conventions are in Central Florida this month. Read about the economic impact in Destination. WELCOME TO THE new FirstMonday. With this issue, we’re launching the all-new community source for smart business. At the core of the new publication is the content. We also have carefully planned features on the growth trends of the technology, healthcare and service occupations in the region and tips Content that focuses on key areas in the Central for helping your lower-wage employees apply Florida region that are important to building for the earned income tax credit. community. The new departments and features For those who have grown accustomed to are carefully aligned with the Orlando Regional FirstMonday original format, Chamber Insight Chamber of Commerce and myregion.org — to provides more familiar territory. You’ll also bring seven counties and 84 cities together to plan still see the Chamber Calendar of Events, for the future. New Member Listings and a focus on what In this issue, you’ll see a fresh, new design with consistent departments that give you information on local issues, profiles of innovative companies matters most to our members and the 3.1 million people who call Central Florida home. We’re striving to give you the key trends, and tips for promoting your business. Specifically, people, businesses and events that drive the you’ll see editorial that includes transportation, Central Florida region’s growth. Think of us as tourism, education, legislative and policy issues your community source for smart business. and real estate. We’re working overtime to give readers the information they need to grow their communityminded businesses — the local businesses that contribute to the economic growth and vitality of fm 01.05 6 Jacob V. Stuart President Orlando Regional Chamber of Commerce REGIONAL WRAP FROM BREVARD COUNTY TO POLK COUNTY, BUSINESSES ARE THRIVING. HERE’S A SEVEN COUNTY VIEW OF WHAT’S GOING ON IN THE REGION. BREVARD COUNTY The Brevard Community College Small Business Development Center hosts monthly roundtable discussions, workshops and clinics for small businesses and new ventures. The workshops focus on finance and legal issues, recordkeeping and taxes, insurance and business plans. For more information, visit www.bcctraining.com or call (321) 433-5570. GIVE US THE SCOOP Sign a multi-million dollar deal? Develop a technology that makes doing business easier? We want to know! FirstMonday is looking for details about what local businesses are doing for [and with] the business community. We want to hear about your partnerships, new technology, community awareness and more. To submit your information, please e-mail Editor-in-Chief Tracey Velt at [email protected]. We look forward to hearing from you. fm 01.05 8 LAKE COUNTY Revenues from the 2001 voter-approved penny sales-tax referendum are beginning to shape substantial improvements to Lake County’s infrastructure. The Board of County Commissioners will proceed with several projects designed to maximize the revenues from the second 15-year term of the penny sales tax. Two significant projects include the beginning phases of a major renovation to the Lake County Judicial Center and a facelift to the Lake County Fairgrounds. ORANGE COUNTY University of Central Florida leaders recently approved a campus growth blueprint out to the year 2015. CHEP, an Orlando-based global supplier of pallets and containers, was key in testing a new inventory-management system, using the same technology that allows drivers to glide through the E-Pass lane. The company, which employs 500 in Central Florida, is using the technology, known as radio-frequency identification (RFID) to track merchandise from the factory to the store. CHEP started field-testing of the RFID tags with 34 manufacturers and 350 distributors that leased 250,000 pallets with RFID tags. According to CHEP, the testing led to the development of tags that are more impervious to dust, dirt, grime, wind and rain. Now, CHEP markets the radio-frequency tags in its Plus ID service as a key element in a client’s supply-chain management. Northrop Grumman recently pledged $25 million to the University of Central Florida to enhance the school’s research in extreme ultraviolet lithography, a process that could allow computer chips to become smaller and more powerful. OSCEOLA COUNTY The Central Florida second-home market is still going gangbusters; just ask those at Reunion Resort & Club of Orlando in Osceola County. According to Developer Bobby Ginn, the resort posted $72 million in sales at Reunion Grande, luxury condominiums priced from $675,000. Within two hours of opening the condos for showings, all 82 available condo units and 14 villas at Seven Eagles, the residential development on the Tom Watson-designed REGIONAL WRAP golf course, were sold. The Ginn Co. has posted nearly $500 million in sales at the 2,300-acre resort since opening it in late 2001. built at 4440 Old Tampa Highway and will create 300 jobs in the area. In 2004, Osceola County government contributed some $834,550 to various non-profit agencies through its Social Services Master Plan. According to the Osceola County Community Services Division, some 28 agencies, including Transition House and the Center for Drug-Free Living, requested a total of $1.36 million in funding for the 2004–2005 fiscal year. SEMINOLE COUNTY Kinetics, a subsidiary of NCR Corporation, recently announced that Canadian low-fare carrier WestJet has become Kinetics’ 14th airline customer. Kinetics is developing WestJet’s first Web check-in system, which will be deployed some time in the first quarter of 2005. With headquarters in Lake Mary, the company is now delivering its TouchPort II self-service kiosks to the following: AeroMexico, AirTran Airways, Alaska Airlines, Aloha Airlines, America West Airlines, ATA Airlines, Continental Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, Northwest Airlines, Spirit Airlines, United Airlines and WestJet. POLK COUNTY Southern Wines & Spirits of America, the nation’s largest distributor of such products, is building a multimillion-dollar facility in Lakeland. The planned building is 640,000 square feet and will cost some $10.5 million. The facility will be Coding Edge Inc., headquartered in Sanford, recently introduced a new technology in emergency room billing. BillStat is a wireless, invoice-generating system developed for emergency room doctors who treat self-pay patients, such as foreign travelers. Using a handheld, wireless device, emergency room doctors can produce a patient statement in as little as 30 seconds. VOLUSIA COUNTY In a move across Central Florida to preserve the environment and slow urban sprawl, the Daytona Beach appellate court recently refused Volusia County’s referendum on urban growth boundaries, citing unclear language in the ballot question. In Volusia County, almost three fourths of voters approved the measure that called for managed growth. fm 01.05 9 AN ESTIMATED $15 MILLION is waiting sponsoring an ExtraCredit campaign to be put into the hands of eligible, to get the word out.” hard-working families in the Central The ExtraCredit program will Florida region, through the Earned help businesses spread the word to Income Tax Credit (EITC). Established thousands of individuals who are still in 1975, the EITC is a federal income tax not getting the credit, either because credit for low-income workers that could they haven’t heard about it or because potentially bring millions into Central they don’t know how to apply for it. Florida’s economy by putting money in “Be a hero to your employees. Let the pockets of working families. your employees know how to apply,” In 2002, the EITC lifted 4.9 million people above the federal poverty line, says Stuart. The average credit is $2,000 on top of what an employee might get in GET EDUCATED ON EXTRACREDIT taxes, and since the credit is retroactive for three years, you can potentially get $8,000 in the mail, says Maria T. Diaz Urbino, ExtraCredit project director for The Chamber’s new tax credit awareness program helps stimulate the Central Florida economy. By Sarah Sekula, Contributing Writer, FirstMonday more than any other federal aid the Orlando Regional Chamber of program, according to the Center on Commerce. “That’s a down payment for Budget and Policies Priorities. Through a house, a car to go to work or money tax credits of as much as $4,300, for education.” low-income individuals or families “Most cities rely on a public rela- can pay off debt, put food on the table tions campaign,” says Orange County or save for the future. Chairman Rich Crotty. “In Central “The EITC targets those in our Florida, we added the component of workforce who earn at the lower end of partnering with the business commu- the pay scale — the people who keep our nity to engage them in educating their tourism industry humming, who take low-income employees on how the care of our children while we’re at work, EITC can help them.” who staff our hospitals and schools, who The ExtraCredit campaign — funded man our retail establishments, who stoke by the City of Orlando, the Edyth Bush the engine of our economy,” says Orlando Charitable Foundation and Orange Mayor Buddy Dyer. “With more money in County Government — will educate their pockets, these workers will better workers and encourage family economic meet their basic needs — keeping a roof success by communicating with over their heads, food on their tables, minority and faith-based organizations, getting healthcare when they’re sick, agricultural organizations and social obtaining reliable transportation to and service communities. The campaign from their jobs, and affording safe places will foster partnerships with the area’s to leave their children while they are at 250 largest Central Florida businesses, work,” he adds. particularly with their human resource departments, to educate eligible workers IMPACTING THE COMMUNITY “The EITC positively impacts the about EITC through educational forums, seminars, meetings and literature. individual and our community,” says Jacob Stuart, president of the Orlando Regional Chamber of Commerce. “The WHO QUALIFIES? In 2002, more than 21 million families funds are available, and we want to and individuals filing federal income tax ensure eligible families receive the returns — nearly one of every six families tax refunds they deserve. To facilitate who file — claimed the federal EITC, our communications, the Chamber is according to the Center on Budget and In 2002, the EITC lifted 4.9 million people above the federal poverty line, more than any other federal aid program. fm 01.05 10 RICH CROTTY BUDDY DYER KAREN VAN FOSSAN JACOB V. STUART Orange County Chairman Mayor of Orlando Territory Manager, Internal Revenue Service Orlando Regional Chamber of Commerce President “Generating new sources of income always boosts the local economy. The extra money gives families more budget flexibility to help them improve their quality of life.” “Orlando is lucky because many local businesses are deeply committed to the well being of their employees. Employees who are financially secure and feel their employer cares about them are also more loyal and less likely to miss days of work due to childcare, housing and transportation crises.” “EITC makes work more attractive than welfare and in many instances helps families make the transition from public assistance into the labor force.” “As the tax season approaches, we plan to seize the opportunity to work with Central Florida businesses to educate their employees about the EITC. The goal is to move low-income workers toward economic self sufficiency.” Policies Priorities. To be eligible for a full or partial refund, the taxpayer must have earned income of: At least $1, but less than $11,490 ($12,490 if married, filing jointly) if there is no qualifying child $30,338 ($31,338 if married, filing jointly) if there is one qualifying child $34,458 ($35,458 if married, filing jointly) if there is more than one qualifying child HELP SPREAD THE WORD “Businesses are vital to this campaign,” says Crotty. “Business owners can help educate their eligible employees and direct them to professionals assisting in tax preparation.” Promoting the EITC to employees through your human resource department is an effective way for you to communicate this program. Here are other methods of conveying the information: Include an EITC stuffer with workers’ W-2 forms or their paychecks. Post fliers in employee lounges and waiting rooms. Publish articles in employee newsletters. Record an informative on-hold phone message explaining the program. Make EITC education a part of new-hire orientation. Include EITC information in employee manuals. The EITC puts money in the pockets of working families, enhances the benefits available to workers through their employers and grows the local economy with millions of new dollars in circulation. For more on the ExtraCredit Program visit www.orlando.org. fm 01.05 11 11 banking and finance | FOCUS ON SMALL BUSINESS IS big business. become a hot bed for business Just ask any banker. start-ups. “Central Florida is a Traditionally, banks were struc- significant small-business tured to benefit bigger businesses. market,” says Timberlake. “There But the emergence of a growing are great opportunities in this number of successful small- to region for these businesses and mid-sized businesses has forced the banks that service them.” banks to rethink the way they do business. Now, banks are offering more small-business-friendly perks A DIFFERENT ANIMAL Small businesses are unique. such as free business checking They require a different set of services, no monthly transaction products and services than do requirements, courier services, middle market and global business check cards and flexible companies. Their loan approval Small Business Administration process needs are very specific. (SBA) loan options. They also have limited cash flows, In an effort to attract and better so each bank account movement serve small business owners, banks can’t cost them too much. Banks have deployed various banking must take all of these factors into solutions built specifically for account when servicing them. small businesses. According to Bruce May, Underserved No More BANKS ARE PROVIDING MORE PRODUCTS AND SERVICES GEARED TOWARDS THE LITTLE GUY. By Jack Roth, Contributing Editor, FirstMonday According to Mathy Hogan, “A lot of bigger banks are trending towards trying to help smaller businesses because they eventually turn into big businesses.” ALAN ROWE, FIRST COMMERCIAL BANK president of Mercantile Bank assistant vice president of business of Central Florida, many small services at FAIRWINDS Credit businesses don’t have full-time Union in Orlando, bank structures accountants, let alone a chief are changing to reduce cost and financial officer, so a bank’s fees for smaller businesses, and products need to be designed to streamlined packages will elimi- make banking easier for them. nate unneeded services and costs. “For larger companies, bank “Banks have certainly made relationships are won on the price things easier for small businesses of services, but for small business- now,” says Ed Timberlake, es it’s the level of service given that president of Bank of America in makes the difference in banking,” Central Florida. “Services used to says May. be one-size-fits-all, which meant Other unique characteristics that smaller businesses got lost come into play when small busi- in the shuffle. Now we have nesses diversify. A bank’s job is to specialists who focus strictly on recognize the evolution of the small businesses.” client,” says Timberlake. “As they There are a growing number of small business owners in the United States, and Florida has grow, their needs change.” Some of these needs require expanded bank services. fm 01.05 13 FOCUS ON | banking and finance “We’re seeing many small businesses converting from a rent or lease status of business banking at SunTrust Bank. According to a TNS Financial Services are looking for retirement services and “This is driving a projected 15 solutions. “They’re taking steps to percent national growth rate in to buying commercial real estate or Small Business Owners survey, more ensure a comfortable retirement,” says the number of new small business owning the property they occupy,” says than one million business owners will Mark Reina, SunTrust’s senior vice presi- retirement plans in 2004.” Doug Elmore, executive vice president be facing retirement by 2008, and many dent of Florida group business banking. According to Reina, with an expectation of the economy rebounding in the next 12 months, nearly half of all small companies expect to expand operations and product offerings. INTERNET BANKING SOLUTIONS One way banks are able to offer small businesses more convenient and cost-effective services is through technology. Internet banking solutions enable small business owners to reconcile balances on their own, transfer funds, make loan payments, and handle accounts payable and receivable. “Small businesses have tight cash flows, so the fact that they don’t have to come here to move funds is a big deal to them,” says Wayne Washington, vice president of loan services for FAIRWINDS Credit Union. “It helps streamline their time, and providing them with the ability to download information and perform administrative tasks seamlessly represents an invaluable service.” The key is to make it easy and efficient for them, adds Mike Sleaford, president and CEO of Colonial Bank of Central Florida. The small business owner often needs to move money back and forth quickly, and Sleaford believes that banks should provide the tools necessary to enable the small business owner to accomplish as many banking transactions as possible via the internet with a minimal amount of training. “Small business owners often wear multiple hats,” he says. “This gives banks a wonderful opportunity to cross all boundaries in order to provide consultation and services to fulfill many business banking needs.” Bank of America’s Timberlake feels strongly that technology fm 01.05 14 itself isn’t the answer. “We need to banking and finance | FOCUS ON experience and insights to our clients and and retention. “The only way to be successful develop strong relationships with them.” in these areas is through a quality customer May of Mercantile Bank believes that branch managers should be in tune with the needs of service program. Quality customer service benefits all customer segments.” small businesses. “In order to consult properly, we must know their business and see their operation Internet banking was quickly adopted by many small businesses seeking to retain control of their finances. put the intellectual capital piece on the table,” first-hand, and this is why you won’t find many WHAT THE FUTURE HOLDS Every day, more banks are realizing that small of our branch managers in the office,”he says. “For businesses are very important. The benefit to our people, it’s a closer,one-on-one relationship small business owners will be better loan rates, that represents a partnership in success.” tiered pricing and more services — and all Although customer service has always been a because of increased competition from banks to get their business. he stresses. “We need to have the people in priority with credit unions, Washington believes place to offer the proper advice, especially to an increased awareness of customer service “The small business segment is the largest small businesses.” across the board is good for small businesses opportunity for many banks now,” says Stiffler. because “they can get good service in almost any “You’ll see more and more banks enter this bank now.” space with dedicated sales specialists, as well A TEAM APPROACH TO CUSTOMER SERVICE as specific products and services.” In order to offer this advice, many banks take Because customer service is a priority to a team approach to service that often includes a small businesses, they tend to appreciate it lead person and several specialists who are when they get the same type of service from that the small business owner has needs that available to every small business client. their banks. “Clients tell us if we’re doing a good are different from that of a consumer. “We feel growing businesses need the most help and guidance,” says Alan Rowe, president and CEO of First Commercial Bank of Florida. job or not,” says Timberlake. “We constantly talk to our clients. It’s our focus.” Tony Stiffler, Central Florida area executive According to Stiffler, most banks recognize Hogan takes pride in being able to service the small business owner. “We strive to help our customers and represent their best “We assign senior level bank officers to small- for AmSouth Bank, adds that many of his key interests,” she says. “We’re here to help them and mid-sized businesses. They offer valuable measurements are structured around growth learn and grow.” fm 01.05 15 TECH KNOW A Model Industry — A Model Conference THE LARGEST INTERNATIONAL MODELING,TRAINING AND SIMULATION CONFERENCE IS IN OUR OWN BACKYARD. AS TESTIMONY TO the Central Florida region’s allows companies from all over the world to advancement of the modeling, simulation showcase products. and training industry, Orlando was once again The I/ITSEC conference, the largest of its kind, allows companies from all over the world to showcase products. “The heart of the conference is the presenta- home to the Interservice/Industry Training, tion of more than 140 technical papers and Simulation and Education Conference special events that address technology and (I/ITSEC), which was held in December 2004. policy that are changing the way the armed The conference promotes cooperation among forces educate and train,” says 2004 Conference the armed services, industry, academia and Chair Buck Leahy, vice president for business various government agencies in pursuit of development for Science Applications improved training and education programs, International Corp., an employee-owned research identification of common training issues and and engineering company that’s been heavily development of multiservice programs. involved in modeling, simulation and training In fact, according to the Metro Orlando as part of national security. “The exhibit floor is Economic Development Commission (EDC), filled with all kinds of interesting displays. It’s the region’s simulation industry includes more no accident that more than 40 allied nations than 100 companies, 16,848 direct and indirect send representatives each year,” says Leahy. jobs, more than $2.5 billion in gross regional What does that mean to the region’s tech product and more than $1.3 billion in direct businesses? Plenty. Just ask Chris Addison, vice and indirect sales. In other words, it’s big president of program development for Jardon business here in Central Florida. and Howard Technologies Inc. (JHT), which Initiated in 1966, the I/ITSEC conference provides government clients with interactive has evolved and expanded through increased courseware and computer-based training. JHT participation by the Army, Air Force, Marine was an exhibitor this year, had employees sit- Corps, Coast Guard and industry. ting as chairs on the various committees and Now, the conference, sponsored by the submitted a paper on instructional design armed services and hosted by a different systems. “From our perspective, it’s the largest branch each year, is the largest of its kind and conference in the world in our industry, and it’s in our own back yard, so it gives us a unique opportunity. Instead of traveling to specific customers, we have them all here and can show products and services on the floor, or TOTAL HI TECH JOBS IN MSAS (THOUSANDS) provide individual demos at the conference or at our headquarters in Research Park,” CITY APRIL MAY JUNE JULY AUGUST* Atlanta 97.5 97.8 97.9 97.6 97.7 Austin 20.1 20.1 20.1 20.4 20.2 Boston 61.7 61.4 61.7 61.7 61.4 military,” says Ray Gilley, president and CEO of Jacksonville 12.7 12.5 12.5 12.5 12.5 the EDC. “It also allows smaller subcontractors Kansas City 45.9 45.4 45.4 45.1 44.7 to establish relationships with some of the Miami 27.7 27.9 28.5 28 27.6 industry’s primary contractors such as Orlando 25.1 25.2 25.1 25 25.1 Lockheed, Boeing and Northrop Grumman,” Raleigh Durham 21.8 21.8 21.9 21.6 21.6 he adds. Richmond 11.1 11.1 11.1 11.1 11.1 San Jose 30.1 30.2 30.7 30.9 31.1 the home to I/ITSEC until at least 2010, this Tampa 34.1 33.9 34 33.6 33.5 allows the Florida High Tech Corridor, which says Addison. “The show provides companies with direct access to one of their primary customers — the It’s good news for the industry as well. “As includes one of the largest clusters of modeling, *Preliminary Data SOURCE: US BUREAU OF LABOR STATISTICS FOR METROPOLITAN STATISTICAL AREAS fm 01.05 16 TECH KNOW This year the I/ITSEC conference will be held at the Orange County Convention Center, Nov. 28 – Dec. 1. simulation and training companies in the only national projects, but also projects created chief congressional and public affairs officer. entire United States, to continue to lead in this right here in the Corridor, many with funding The year 2004 was the Army’s turn to host the industry,” says Randy Berridge, president of the from the Florida High Tech Corridor’s matching event. “This is a premiere conference for us all. Florida High Tech Corridor Council. “Introducing funds research program.” We can look at different systems displayed on That’s important because, he says, the floor and see what the various services are and allowing them to experience firsthand “Recognition of these projects allows for using, and we can attend special events where what the region has to offer — major research additional funding by industries for research, they link the simulation systems together,” universities, community colleges and the which is then matched by Corridor dollars, says Trier. National Center for Simulation — enables us to increasing the money spent on Corridor continue to grow this industry,” he adds. research. The majority of these funds are opportunity to showcase the cutting-edge spent to engage graduate and doctoral students, technology being developed in the region,” such as I/ITSEC is an honor, and truly shows that research assistants and faculty members in says Gilley. “It brings national attention we are reaching our goals in promoting the area side-by-side research with scientists and to our region — expanding our brand as a high-tech region. As members of the Army, engineers from the high-tech companies.” beyond tourism.” these leaders to the Florida High Tech Corridor According to Berridge, “[Hosting] a conference Air Force, Marine Corps, Navy, Coast Guard and For the armed services, it means a chance to “This conference provides a convenient This year’s show will be held at the the modeling, simulation and training industry share technologies that are being used in the Orange County Convention Center, visit this conference, they can experience not various services, says Mary Trier, the Army’s Nov. 28 – Dec. 1. fm 01.05 17 LIVE AND LEARN Sharing Resources “Any school district can do it, and any school can partner with another — public or private — to help the community and help the schools,” WHEN THE CHRIST School needed a Spanish TOM PORTER, PRINCIPAL,THE CHRIST SCHOOL That’s just one example of the way a school Sparked by the former executive director of teacher, principal Tom Porter had trouble the Downtown Development Board (DDB), the finding one willing to work part time. “I put idea for all downtown schools to join forces and word out through the downtown Consortium share resources became a reality in January 2002 and found out that Lake Highland needed a when outgoing DDB Executive Director Tom part-time Spanish teacher as well,” he says. Kohler donated the proceeds of a luncheon to go The two schools decided to share a teacher toward starting the consortium. “By doing that, who would work at The Christ School in the the idea got off the ground, and we’ve since had mornings and afternoons at Lake Highland. ongoing support from the DDB,” says Porter. “Now she’s working full time with us,” says The Consortium of Downtown Orlando Porter. “But, the arrangement worked well Schools is a collaborative effort made up of for a full school year.” private, public, parochial, charter and magnet consortium — a group of like-minded people available to help each other hurdle their greatest challenges — can help everyone involved. schools, working in conjunction with the University of Central Florida (UCF) and the DDB. Schools involved in the Consortium include The Christ School, Harvest Baptist Christian CONSORTIUM WINS NATIONAL AWARDS The Consortium of Downtown Orlando Schools has already won several awards, including the Special Achievement Award at the International Downtown Association’s 50th Annual Conference in Vancouver, British Columbia. Also, the Consortium of Downtown Schools was the winner of the “Creative Organizational Development” category for the Roy F. Kenzie Awards Program. In addition, One Great Day for Orlando, a volunteer event involving more than 1,500 students from various downtown Orlando schools, received a “Special Events” award. This daylong event involves students from kindergarten through high school in contributing to downtown by doing everything from cleaning parks and sorting cans at food banks to spending time at senior assisted-living centers. The Consortium of Downtown Schools organizes One Great Day for Orlando. The Roy F. Kenzie Awards Program honors the best projects and programs in Florida redevelopment. On October 22, 2004, 1,500 students from nine schools came together to do community service in more than 27 locations for One Great Day Orlando. fm 01.05 18 LIVE AND LEARN Academy, Hillcrest Elementary, Porter and a group of Consortium principals travel the region Lake Highland, Lake Eola Charter, to offer advice to other school districts trying to develop this Nap Ford Community School, type of partnership program. “Any school district can do it, New School of Orlando, St. James and any school can partner with another — public or private Cathedral School, Trinity Lutheran — to help the community and help the schools,” says Porter. If your school is interested in building a consortium, please call or e-mail Porter for tips on partnering with other schools for support. You can reach him at (407) 849-1665 or at [email protected]. School, Howard Middle School, the UCF College of Education and the DDB. Principals or designees from the schools sit down together each month, says Porter, who is this year’s chairperson. “We brainstorm about ideas, future plans and ways to share resources and programs,” he says. “For example, Hillcrest does a lot of teacher in-service training that they’ve made available to teachers at other schools.” “The Consortium has been a good experience for Howard Middle School,” says Principal Tim Smith. “It’s brought benefit to us in that our student council was able to participate in a valuable community service project [One Great Day for Orlando]. We’ve written a joint newspaper and anthology,” he says. Ronnie DeNoia, principal of Lake Eola Charter School, sees the benefits as well. “Because we’re a small school (225 students), we’re not able to offer all the extracurricular activities that children want and need. Through the Consortium, our students were able to participate in a drama strand and a chorus strand. It was a great experience for them, not only activity-wise, but also interacting with students from other schools,” she says. Not only does the Consortium help the schools, but it also helps the community. “We did a project called One Great Day for Orlando, in which 1,500 students from nine of the schools came together October 22, 2004, to do community service in more than 27 locations, including the Coalition for the Homeless, Second Harvest Food Bank, the Ronald McDonald House and other downtown agencies,” says Porter. fm 01.05 19 IT’S NO SECRET that the baby boomers — those born between 1946 and 1964 — drive many areas of the region’s economy. And, now that they’re getting older, the healthcare industry is sprinting to keep pace. “Our downtown Florida Hospital campus is adding 300 new beds by the end of 2008,” says Rich Morrison, regional vice president of government relations and regulatory affairs for the Florida Hospital system. “That translates to about 2,000 new jobs, jobs that require advanced educations to operate equipment,” he says. Florida Hospital is also adding beds in Osceola County and will continue to expand as needed. For the Central Florida region, that means more sophisticated, higher-paying jobs. “You’re going to see economic spinoff because we [the healthcare industry] create high-paying jobs. There’s a significant relationship between our salary structure and what happens in the market. When we add 2,000 jobs, it will have a sustained impact on the local economy,” says Morrison. Not to mention the $250 million spent on the expansion, he adds. “That alone puts a lot of money into the economy.” According to data from the Florida Agency for Workforce Innovation, some 14 of the top 50 fastest-growing jobs are in the healthcare industry. However, just as many, if not more jobs are being added in the travel, hospitality and retail sectors and the high-tech fields. And, that’s great news for the region. DIVERSIFY AND CONQUER “Our economy is starting to diversify,” says Ray Gilley, president and CEO of the Metro Orlando Economic Development Commission (EDC). While the largest number of jobs being added are in the travel and retail sectors, such as retail sales and supervision, food preparation, housekeeping and amusement/recreation attending, as expected in the traditionally service-heavy region, the fastest-growing occupations are mostly in the high-tech and medical sectors. “High-tech and medical-related fields are good fits for our region, thanks to assets we already have in place such as UCF [the University of Central Florida], top healthcare facilities, established technology clusters, a diverse population, the presence of the military’s simulation commands and more,” says Gilley. In terms of percentage growth, computer software engineers and network/computer systems administrators are the two top growth occupations — both are anticipated to grow more than 6 percent between 2003 and 2011. Others occupations in the top 10 include healthcare fields — medical record technicians, medical assistants, pharmacy technicians, IN LINE WITH NATIONAL TRENDS, THE CENTRAL FLORIDA REGION’S TECHNOLOGY, HEALTHCARE AND SERVICE INDUSTRIES ARE EXPLODING. HERE, WE TAKE A LOOK AT THE FASTEST-GROWING OCCUPATIONS AND HOW THEY AFFECT THE REGION’S ECONOMY. home health aides and pharmacists. “I looked at the fastest-growing occupations at the national level and at the state level to see how they BY TRACEY C. VELT jive, and in effect, the categories that are gaining the most on all three levels (tech, healthcare and service) are virtually identical,” says Owen Beitsch, a market analyst and executive vice president of Real Estate Research Consultants in Orlando. “Some notable exceptions speak to the nature of the employment here. Travel-oriented industries — not just the hotel and motel industries — will see a growth in flight attendants and support service at airlines. Locally, we’ll have substantial growth in home healthcare.” In fact, says Beitsch, “We’ll see stronger growth here than elsewhere, and counter to national trends, [positions for] social and human services workers are growing more here than nationally.” fm 01.05 21 TOP 10 FASTEST-GROWING OCCUPATIONS JOB TITLE “Central Florida is positioning itself as a knowledge-based specialists,” says Beitsch. “It’s important to note that the top 10 or 12 fast-growing occupations all require substantial education, tech training or some type of college degree.” In addition to that, the Central Florida region has a distinct % CHANGE Computer Software Engineers, Applications ..................2,779 ..............4,133..............6.09 Network and Computer Systems Administrators ..........1,535 ..............2,278 ..............6.05 Hotel, Motel, and Resort Desk Clerks ................................1,885 ..............2,787 ..............5.98 Network Systems and Data Communications Analysts......1,148 ................1,695 ................5.96 Medical Records and Health Information Technicians ......1,081 ................1,579 ................5.76 Social and Human Service Assistants ................................1,195................1,741 ..............5.71 Medical Assistants....................................................................3,361..............4,857 ..............5.56 Pharmacy Technicians..............................................................1,343..............1,902 ..............5.20 Home Health Aides..................................................................2,853 ..............4,021 ................5.12 Pharmacists ..............................................................................1,680..............2,362 ..............5.07 advantage over many parts of the nation in terms of job formation. “Even if we didn’t see a large population growth, we’d still see many new jobs because of our global tourist industry,” OCCUPATIONS GAINING THE MOST JOBS says Stan Geberer, an associate with Orlando-based economist ANNUAL EMPLOYMENT 2003 2011 firm Fishkind and Associates. “I think what’s interesting is JOB TITLE that, except for exclusively defense-related jobs, the jobs we’re Retail Salespersons...................................................................... 41,869 ..............51,746 ................2.95 Food Preparation & Serving Workers (Including Fast Food) ....26,881................33,222 ..................2.95 Cashiers ..........................................................................................26,460 ............32,550 ................2.88 Maids and Housekeepers ............................................................14,391 ..............19,513 ................4.45 Laborers and Freight, Stock, and Material Movers (Hand) ......21,198 ..............26,302 ..................3.01 Customer Service Representatives............................................17,087..............21,824 ................3.47 Office Clerks, General ..................................................................19,299..............23,108 ................2.47 Registered Nurses ..........................................................................12,041..............15,798................3.90 Amusement and Recreation Attendants ..............................12,964 ............15,999 ................2.93 First-Line Supervisors of Retail Sales Workers ......................15,778..............18,704 ................2.32 talking about aren’t highly cyclical or seasonal, particularly in healthcare, because of the expanding retiree base in our areas. OWEN BEITSCH, EXECUTIVE V.P. OF REAL ESTATE RESEARCH CONSULTANTS “Central Florida is positioning itself as a knowledge-based economy, with highly segmented industries and well-trained specialists. ” economy, with highly segmented industries and well-trained ANNUAL EMPLOYMENT 2003 2011 Even in the tourist industry, the jobs are fairly stable because we don’t have much of an off-season,” says Geberer. Gilley agrees: “No industry alone can fully support a growing region’s economy. If you have industry diversification, it will increase the region’s prosperity and economic resiliency.” % CHANGE In fact, he says, “The travel industry has been and will continue to be a critical element [of] our community’s economic success. SOURCE: FLORIDA AGENCY FOR WORKFORCE INNOVATION, LABOR MARKET STATISTICS Areas all over the world are trying to build what we already have. But, we can’t stop there. “We have to work to build other industries such as technology involve software developers, operations staff (data and client services), business development evangelists and salespeople.” Channel is not only and manufacturing. The goal would be to have several industries looking to almost double its size in the next few years, but it pays its that are as big and vibrant as our tourism sector. That way, we employees an average annual salary of $70,000, according to Brescia. can withstand economic shifts,” he says. “There are a number of core technology areas (laser optics, simulation and modeling, gaming, etc.) in the Central Florida market that continue HIGH TECH to grow and have benefited in recent years from increased defense Metro Orlando’s high-tech industry is in itself very diversified. spending,” says Geberer. “Other high-tech areas, such as the emerging “We have simulation contractors, photonics research and devel- software technology center in Lake Mary, are the drivers for some of opment, financial software companies, video game creators and those high-tech jobs. They may be a small percentage of the entire econ- an emerging cluster of agro-technology companies,” says Gilley. omy, but they are key jobs that are supporting continued expansion of “Most of these companies use computer software engineers in the metro area to the far east of Orlando and to the northwest,” he says. one capacity or another. I think this speaks to the fact that our high-tech sector is continuing to mature and grow,” he adds. From computer software engineers and network and computer systems administrators to network systems and data communications analysts and information systems managers, the number of occupations in Central “These jobs pay really well,” says Gilley. “In fact, last year the EDC worked with 16 technology companies that expanded in or relocated to the area. The average salary for jobs created by these tech companies exceeded $62,000 annually. This all goes back to the idea of diversification. High-tech jobs aren’t for everyone, but you need to have a variety of high-wage career options. These jobs are a great piece of this puzzle,” he says. Florida’s high-tech industry is booming. No one knows this better than Celebration-based Channel Intelligence, a company that develops multichannel commerce services that improve the SERVICE INDUSTRY A giant chunk of the puzzle is composed of jobs in the service industry. But, make no mistake—these jobs aren’t all minimum wage. According to online sales process between manufacturers, retailers and Bill Peeper, president of the Orlando/Orange County Convention & consumers. “We have more than 60 employee/owners (all Visitors Bureau, “Alan C. Villaverde, vice president/general manager at the employees receive stock options) working throughout the Peabody Orlando, told me that just about every doorman and bellman at country, with roughly 50 working at our corporate head- the Peabody owns his or her home. Some 25 percent of people who work quarters in Celebration,” says Jim Brescia, Channel’s vice in this region are involved the tourism industry in one way or another.” president of human resources. “We anticipate continued “The market has continued to add 5,000 to 8,000 hotel rooms a year. growth in the coming months, particularly in the areas We’re seeing tremendous expansion in the visitor market, and that’s that support our innovations and client relations regarding the primary generator for the service industry jobs,” says Geberer. the development and implementation of our e-commerce “In addition, the economy benefits in that visitors to the Orlando area services for the retail industry. Most of our job growth will also spend outside of the theme parks or hotels on a lot of other things to support the economy.” According to the Florida Agency for Workforce Innovation, some of the fm 01.05 22 fastest-growing occupations in the service industry include hotel, motel Where we choose to specialize speaks jobs have to be at the top of the list,” housekeeping cleaner, and meet- Central Florida wants to be is not all to the skill sets we’re best able to he says. ing and convention planner. that different from where the nation is cultivate. The rank ordering does make going,” says Beitsch. “And, it’s easier as a difference. If you want your economy a nation to all go in the same direction. to be dominated by knowledge, those and resort desk clerk, maids and HEALTHCARE As for the future, “It appears where And, in the Central Florida region, that’s exactly what the data show. Let’s face it; the Central Florida region’s population is growing rapidly. That means more healthcare workers to handle the new people. “Growth in the healthcare industry is apparent because of the continued growth in the population,” says Geberer. “The expansion of the population to more remote areas such as Clermont and Eustis calls for extensive new service and medical jobs in those areas,” he adds. Occupations such as nursing, radiology technician, stenographer and others “operate sophisticated equipment,” says Florida Hospital’s Morrison. “We have an increase in demand for broad categories of medical technology in very well paying areas,” he says. “What’s driving that is aging of our baby boomer population. A lot of folks are approaching their 50s and 60s, and at that point people start to need healthcare,” says Morrison. He says that the type of people you need for the job need to be computer savvy because the information systems needed must marry clinical expertise with technology, and that will require some changes in education. OTHER INDUSTRIES While jobs in the tech, service and healthcare industries take up most of the spaces on the top-25 list, there is a smattering of other industries worth noting. Education is high on the list with special education teacher in the preschool and elementary schools topping the charts at No. 18. Secondary school teacher and speech and language pathologist round out the list at Nos. 20 and 22 respectively. Of course, the need for additional teachers goes hand in hand with the population growth the Central Florida region is experiencing. fm 01.05 23 ON LOCATION 55 West is selling 21,500 square feet of office condominium space in its otherwise residential and retail project. Office Condo-nation WITH THE DESIRE TO OWN RATHER THAN RENT,THE OFFICE CONDO MARKET IN CENTRAL FLORIDA IS EXPLODING. EVERYWHERE YOU TURN from Lake Mary rent doesn’t give you much to show when it’s to Maitland to Celebration to downtown time to move or retire. But, when you buy, you Orlando, you see the signs: “Now Selling! make money when you sell the office.” Office Condos!” The office condo — owner- commercial rental markets are down, says investment trend in the region. And, business Kuhn. “The residential market is being converted is booming. [to condos] because it’s easy to get financed, and “One year ago, we had less than 50,000 across the whole country. Office condos are board,” says developer Cameron Kuhn, of Kuhn going to change the market and give rental Development. “Now, we have over 1 million. institutions a wake-up call,” he says. 55 West, a downtown multiuse project, which already,” he says. is selling 21,500 square feet of office space in an otherwise residential and retail condominium investing in office condos rather than leasing project, and Colonial Town Park in Lake space. Why? “It’s cheaper than renting,” says Mary/Heathrow, offering 1,500-square-foot Kuhn. “People want their own space. It serves office condos, realize the popularity of owning as asset protection because the principals office space. buying the space can then rent it back to Fort Lauderdale-based Abdo & Burts LLC themselves, and they have more control over began a $30 million, 300,000-square-foot small- rental increases. In fact, condo mortgages are bay industrial project at Airport International running 20 to 30 percent less per month than Office Park. Called South Orange Business Park, traditional office leases.” the 26-office/warehouse features individual Buying rather than leasing is an attractive proposition for many business owners. “You 24 Around Central Florida, projects such as 85 percent of office condos are reserved More and more small-business owners are fm 01.05 the rental market is feeling that pain. It’s true square feet of office space on the drawing In my project, the Premiere Trade Plaza, some The Premiere Trade Plaza will open in 2006 with 389,000 square feet of office space. Across the country, both residential and occupied office space — is the next new condos for sale. Elsewhere, projects in Baldwin Park, build equity, have tax benefits, and you have Maitland, MetroWest and Osceola County point more control over a tenant,” says Steven W. to the success of owning rather than leasing. Moreira, CCIM, “It’s also an excellent retirement Some other advantages to buying rather than proposition,” says Moreira, a member of the leasing, says Kuhn, are that “the entrepreneur Greater Orlando Regional Realtor Association can build out, offer flex space and move with and founder of Magic Financial Services and the market, while the larger rental institution Magic Properties, a full-service boutique doesn’t have that flexibility, nor do they care mortgage banking service. “After all, paying to do so.” “There’s a 14 percent vacancy Despite the downfalls and the fact that construction costs rate in Orlando rentals, and I see are rising, the office condo market will continue to boom, the office condo market causing says Kuhn. “Office condo conversions will put a dent in Class the rental market to drop in the A rental space in downtown Orlando. I’m sure of it. The future,” says Kuhn. rental institutions will have to become more competitive.” Touted as an exceptional place to live, work and play, Baldwin Park offers residential and commercial space. “I’m seeing that buying office condos for the medical profession is at an all-time high. It benefits the doctors because they like to have upscale furnishings and improvements. In some cases, they can even finance up to 90 percent for medical offices, including equipment, with only 10 percent down,” says Moreira. “For example, if a doctor wants to buy an office condo for $250,000 and put in $50,000 worth of furnishing, he or she would only have to come up with $30,000 plus 3 to 4 percent closing costs,” he says. Some other businesses buying office condos are dentists, orthodontists, insurance agents, attorneys and financial service providers. While there are many benefits to office condos, there are also some disadvantages. “I have 10, 800 square feet and 36 offices in one of my buildings,” says Moreira. “I chose not to do condo, so I rehabbed the office building. What concerned me about the office condo is that it can be structured in a way that isn’t fair. In one project, a one-third owner paid 50 percent of the operating expenses because the owner developed three condos in the office building and kept one. You have to be very careful that you’re sharing equal expenses,” he says. Buying rather than leasing is an attractive proposition for many business owners. fm 01.05 25 DESTINATION Conventional Wisdom JANUARY MEANS BIG BUSINESS FOR THE CONVENTION INDUSTRY. IS YOUR BUSINESS ready for Super January? came to Orlando for business purposes, an Dubbed “super” by the Orlando/Orange County increase of 6.4 percent from 2002. Business Convention & Visitors Bureau because of the travel accounted for 22 percent of all domestic huge number of convention attendees who visitors in 2003. Most business travelers will visit Orlando to attend four different (56 percent) were in Orlando for a convention conventions, January is sure to be a “super” or group meeting, while the remaining 44 month for local businesses as well. percent came for transient business purposes. “At just four shows — Surf Expo, the From January 2004 to September 2004, the convention center has averaged 20 events and 113,617 attendees per month. Among business travelers who came for National Association of Homebuilders, Super a convention or group meeting, 65 percent Show and PGA Merchandise Show — we (3.49 million) stayed overnight, with an expect more than 180,000 attendees,” says average length of stay of 3.3 nights. Estimates Bill Peeper, president of the Orlando/Orange of the impact of Orlando's convention/group County CVB. “That translates into some meeting industry are based on these $231 million of new money coming into this overnight group-meeting visitors. Some community,” he says. “On top of that, there 57 percent of convention/group meeting are other meetings and conventions going on visitors were in Orlando specifically for a in hotels around the community. We’re aware convention, 28 percent for seminars/training, of another 63 groups that will be meeting in and the remaining 15 percent for other types hotels and generating more than 20,000 of group meetings. attendees,” says Peeper. “Multiply that by $1,247 From January 2004 to September 2004, — the average delegate expenditure during the convention center has averaged 20 events their stay — and you’re adding another and 113,617 attendees per month. And this $25 million to the economy.” number doesn’t even take into account the To compare, in 2003 the convention center conferences and conventions that were averaged 17 events and 96,410 attendees per rescheduled from summer 2004 to late 2004 month. At the current per delegate average of because of the hurricanes. The estimated $1,247, the estimated monthly visitor spending monthly visitor spending from January to was $120.2 million — a huge boon to Central September is $141.7 million. Florida’s economy. And, that was before the It’s no surprise that the convention business Orange County Convention center doubled in is big in the Central Florida region. But, the eco- size in November 2003. nomic impact isn’t always obvious. “As a casual According to a study done by D.K. Shifflet & Associates, during 2003, 9.6 million visitors observer, you see restaurants and hotels make money. And, in fact, about 38 percent of all the money visitors spend is in the hotel,” says Peeper. But, the hotels have to pay their people. “And there are a lot who pay their personnel SUPER JANUARY IMPACT more than minimum wage,” he says. “Then, after they pay employees, they have to buy from the linen providers, meat purveyors and SHOW DATES ATTENDEES ECONOMIC IMPACT Surf Expo Jan. 7 – 9 18,000 $22.4 million National Association of Home Builders Jan. 13 – 16 100,000 $124.7 million What you don’t see is the invisible ripple effect that goes through the economy, in sales all of the goods that go into serving the guest,” Super Show Jan. 17 – 20 25,000 $31.2 million PGA Merchandise Show Jan. 27 – 30 43,000 $53.6 million 186,000 $231.9 million TOTAL In-house (hotel) meetings for January — 20,034 attendees, $25 million Economic impact is based on expenditures of $1,247 per delegate. says Peeper. of everything from bagels to bottled water. Another market that sees the impact, besides restaurants, is retail. According to D.K. Shifflet & Associates, top activities were dining (41 percent), visiting theme/ amusement parks (30 percent), shopping (26 percent), and general entertainment (27 percent). fm 01.05 28 DESTINATION With just four January shows, some 186,000 visitors will give a boost to the economy. “A top activity of travelers worldwide is shopping, “ says Peeper. “We’ve been told that Orlando has about 12 times the level of retail space that a community of our size should have. We have Neiman Marcus, Saks Fifth Avenue and many of the large upscale stores that are a huge benefit to visitors and residents. This bodes well for our quality of life,” he says. January is “a shining example of what this industry is about. We tend to take this industry for granted, but this is a shining example of economic development. It can be no clearer 2005 U.K. Campaign Capitalizes on Past Success This month, the Orlando CVB kicks off its 2005 marketing campaign in the United Kingdom, Orlando’s number one international market with nearly 1 million British visitors to the destination each year. In 2005 it is forecasted to increase 7.5 percent to 1.06 million visitors and another 5.8 percent in 2006, bringing 1.1 million U.K. visitors to Orlando. Continuing on the success of previous years’ marketing efforts in the United Kingdom — the 2004 campaign generated an incremental $27 million in economic impact and a 16:1 return on investment— the multi-faceted campaign is designed to increase repeat and new U.K. visitation to Orlando. “We are looking forward to another very successful campaign in this important market,” says José Estorino, senior vice president of marketing for the CVB. “By taking the most successful elements of previous campaigns and bundling them into this year’s efforts, I am confident we will meet our objective.” Millions of consumers will be reached through free standing inserts and consumer advertisements in national newspapers, direct mail, Direct Response TV commercials, visibility on 75 London double-decker buses, promotions and publicity. Consumers will be encouraged to respond to special telephone numbers for the FSI and for the ads, log on to the Destination Imagination Web site (orlandoinfo.com/uk) or to contact their travel agents to book their holiday. Trade communications include an electronic newsletter to United Kingdom travel agents announcing the campaign, media visits to trade publications, meetings at trade shows, and educational seminars. than it can be this January,” says Peeper. fm 01.05 29 STATE OF THE ARTS Cultural Tourism TOURISTS VISITING CENTRAL FLORIDA’S CULTURAL OFFERINGS HAVE A SIZABLE ECONOMIC IMPACT AND GENERATE TAX MONEY. LOOKING FOR SOMETHING new and different to do? Visitors are too. In fact, recent studies show that visitors, especially convention and The Orlando Museum of Art, in conjunction with the Museum of Fine Arts in St. Petersburg, hosted the Chihuly Across Florida: Masterworks in Glass exhibition. The exhibit consisted of a kaleidoscope of glass sculptures by world-renowned artist Dale Chihuly. meeting goers, are going to the traditional tourist theme parks but also looking for new and different offerings. Enter Central Florida’s burgeoning arts and culture scene. For the past several years, United Arts and the Orlando/Orange County Convention & Visitors Bureau have joined forces to advance the Chihuly exhibit at the Orlando Museum of Art, the Zora Neale Hurston Festival and the Florida Film Festival. “We’ve [Orlando/Orange County CVB] got three marketing plans that go with various exhibits and festivals,” says Bill Peeper, president of the Orlando/Orange County CVB. Called Unexpected Orlando, the ongoing marketing program offers visitors a peek into The Chihuly showing ran from January 18 through May 30, 2004. Due to its popularity, the exhibit was held over for an additional week and officially ended June 6, 2004. the arts, cultural and heritage offerings the region offers. United Arts recently commissioned the Orlando/Orange County CVB to produce studies on the three events just mentioned that were held in 2004. What they showed was new money, and a lot of it, flowing into the area from out-of-town visitors — money that benefits all businesses. Here are the stats: Chihuly Across Florida: Masterworks in Glass This exhibit, hosted by the Orlando Museum of Art (OMA) in conjunction with the Museum of Fine Arts in St. Petersburg, consists of a kaleidoscope of glass sculptures by worldrenowned artist Dale Chihuly. Based on the survey, some 43 percent of Orlando exhibit visitors were from out of state (19 percent) or from other counties (24 percent), with approximately $10.7 million spent by those out-of-the-area visitors. Of that, some $3.4 million was incremental revenue. Incremental (for all three events) means outof-town visitors whose trip to Orlando, and corresponding spending, can be directly attributed to the exhibition. Florida Film Festival The annual Florida Film Festival, produced by Enzian Theater, showcases the best American independent and foreign films and has become one of the most respected regional film events in the country. Based on the survey, some 23 percent of out-of-town visitors were from other counties (11 percent) or other states (12 percent). These out-of-town visitors spent an estimated fm 01.05 30 $477,855, consisting of $253,323 in local spending at the festival and $224,532 total spending. Total spending included approximately $116,802 in incremental spending. Zora Neale Hurston Festival The Association to Preserve the Eatonville Community Inc. (P.E.C.) is a nonprofit historic preservation organization whose mission is to enhance the resources of Eatonville, “the oldest incorporated African American municipality in the United States.” The Zora Neale Hurston Festival celebrates the life and work of the writer Zora Neale Hurston, her hometown and the cultural contributions that Africa-descended people have made to the United States and to world culture. The survey found that some 47 percent of festival attendees were from out of town — 42 percent from other Florida counties and 5 percent from out of state. Total economic impact from both Orlando MSA residents and out-of-town visitors was estimated to be $655,817. All out-of-town visitors were estimated to have spent $563,305 in the Orlando area during the festival, of which $463,414 was incremental revenue. For more information on Unexpected Orlando, or to obtain a copy of the “Unexpected Orlando®” Travel Guide, visit Orlando’s official Web site at http://orlandoinfo.com, or call 407-363-5872. Other resources: Chihuly exhibit, go to Orlando Museum of Art: www.omart.org; Florida Film Festival, go to www.floridafilmfestival.com; and Zora Neale Hurston Festival, go to www.zoranealehurstonfestival.com. ISSUES WATCH Common Sense Reform TWO PRE-FILED BILLS GIVE THE BUSINESS COMMUNITY A JUMPSTART INTO THIS LEGISLATIVE SESSION. DID YOU KNOW that Florida’s constitution is Florida Chamber and the Orlando Regional Because of that, special interests “with big Chamber hope to eliminate the ability of spe- checkbooks can, and do, buy a spot on Florida’s cial interests and out-of-state organizations to ballot,” says Frank Ryll Jr., president of the place their pet projects into Florida’s constitu- Florida Chamber of Commerce. tion through well-financed ballot initiatives. In the November election, voters approved A bullet train constitutional amended approved by voters in 2000 was bumped off the tracks last November when opponents convinced voters that the project was too expensive. fm 01.05 32 During this year’s legislative session, the one of the easiest in America to change? “Sen. Jim King, R, prefiled two bills for 2005 Amendment 2, which gives voters more time — which is a start. Senate Bill 4 [Citizen to consider the issues and gives opposing Initiative/ Amendments] is the court filter to sides more time to make their case in a review proposed amendments that would go public forum. Amendment 2 forces citizen into the constitution. If passed, this bill would groups to get the required number of petition make sure the proposed amendments belong signatures earlier — by Feb. 1 of the election in the constitution,” says Fred Leonhardt, chair year — and obliges the Florida Supreme Court of VoteSmart.org, “Senate Bill 6 [Joint to approve the ballot language by April 1. Resolution] would require that proposed Florida is on its way to making the appropriate amendments or revisions be approved by at constitutional amendment reform, but the least three-fifths of electors of state [citizens] state isn’t there yet. voting on the measure rather than by simple ISSUES WATCH majority,” says Leonhardt, who is the chair of the government law department at the GrayRobinson DID YOU KNOW? law firm in Orlando. This issue is vital to encouraging business growth in Florida. “When businesses look at whether or not they’re going to expand or hire additional help, they look at the stability and the integrity of the regulatory and tax climate,” says Mike Ketchum, vice president of public policy for the Orlando Regional Chamber. “If we’re constantly changing [regulatory processes, tax benefits, etc.], it keeps businesses from looking at Florida in a positive way,” he adds. The way to do that is to eliminate major disruptions in the state’s regulatory and business climate. “In the last two years, [State] Rep. Joe Pickens, R, and Sen. Rod Smith, D, were very effective advocates of constitutional amendment reform. We’re extremely appreciative of their efforts,” says Leonhardt. “With a loophole in our constitutional amendment process big enough for any willing special interest group to run through, now is the time to add Florida allows ballot initiative campaigns to pay their “hired-gun” signature gatherers by the number of signatures they get. That’s right, the majority of these people are not volunteers but rather professional signature gatherers being paid between $1 and $8 for each signature they collect. Florida allows a special interest sponsor of an amendment to hire an advertising agency to create a tricky title that it believes sounds best to voters. Florida has had 103 amendments added to its constitution in 34 years while the U.S. Constitution has been amended only 27 times in more than 215 years. The state Supreme Court is not allowed to weigh in on the subject matter of a sponsor’s amendment. In other words, if a group wanted to legalize drugs, lower the voting age to 16 or require the state to buy a new Corvette for everyone who graduates high school in the state, the court could do nothing to prevent these proposals from being put on the ballot. Often an out-of-state group will set up a political action committee in Florida and then fund its ballot strategy with out-of-state dollars. The pregnant pig amendment and the minimum wage amendment are two recent examples of how Florida’s amendment process is being abused by out-of-state interests. common-sense reforms to our badly broken amendment process,” says Ryll. For more information visit SOURCE: WWW.FLORIDACHAMBER.COM www.floridachamber.com fm 01.05 33 news | CHAMBER INSIGHT A Fresh Focus MEET THE 2005 CHAMBER VOLUNTEER LEADERSHIP TEAM CRAIG POLEJES 2005 Chair, Board of Governors ALAN ROWE 2005 Chair, Small Business Chamber Board of Directors ALAN FIDELO 2005 Chair, Leadership Alumni Board of Directors “My passion is having the region to build a solid infrastructure for arts and sports,” says Craig “As Chair of the “One of my primary collectively continue goals for the Small Leadership Alumni Business Board is to Board of Directors, my goal is to more actively engage business owners in the process of perpetuate community leadership to benefit addressing small business issues, and to con- individuals, businesses and the community,” Bank and a 20-year industry veteran. “I think tinue building the Small Business Chamber says Alan Fidelo, managing director of the region needs to continue to work collective- Board to be “The Voice” for small business in Resource Connection’s Central Florida Region. ly [meshing] the arts and sports.” Central Florida,” says Rowe, president/CEO of Polejes, senior vice president and commercial banking manager for SouthTrust Wachovia As the 2005 Chair of the Board of Governors, Polejes is ready to get moving on many of the First Commercial Bank of Florida. “Small business owners are inherently very “To fulfill the mission, the Association will operate under these goals: 1. Engage and connect community leaders, 2. Teach initiatives important to local businesses. “One busy people as they usually don’t have the peo- community leadership skills and 3. Provide of my priorities is to set forth the 1000-day ple or resources [that allow them] to take time resources about community leadership,” plan for the Chamber based on the issues that out and address key issues. It’s my hope that he adds. come up at our Chamber Leadership Retreat.” our Board will become a major resource for Fidelo is past national president of the them to leverage in addressing governmental University of Central Florida Alumni business community to support UCF and the policies or other threats they see to their Association and serves on the Puttin’ on the efforts to bring a medical college to the campus. prosperity,” says Rowe. Ritz golf tournament committee to raise money Polejes also wants to “continue to get the UCF is an economic engine for the region and Community service has always been for the Children’s Miracle Network. He is also one of the largest colleges in Florida that doesn’t important to Rowe, who served on the Board an active volunteer for Junior Achievement, have a medical college. Given our demographics of Directors for the Better Business Bureau of and serves as the Chairperson for the School and growth, it’s vital we work together.” Central Florida Inc., is active with the Kiwanis Advisory Council for Windy Ridge. Polejes is also passionate about the Club of South Orlando (as 2005 president), the Resources Connection is a global professional Hispanic community and supporting those Orlando Union Rescue Mission Foundation services firm with over 65 offices worldwide that businesses. “The growth of the Hispanic Board, the Rotary Club of Orlando and has provides highly experienced professionals to community, particularly the Puerto Rican served as a United Way Division Chair. Fortune 500 and middle market organizations community, is phenomenal. Through the He is passionate about helping small to assist with finance, accounting, IT, HR, Hispanic Summit, we hope to bring this businesses thrive. “To help achieve our goals, Supply Chain Management, and controls and awareness to the business community,” we’ll have high-quality business and govern- audit projects. says Polejes. mental leaders make presentations at our Prior to joining Resources Connection Alan Board meetings in 2005, and we hope to be spent 5 years as the Chief Financial Officer for Community involvement has always been an proactive in continuing to build strategic Quest Inc., a large, Central Florida non-profit integral activity. Aside from his service on the partnerships with other Chambers in our organization. Prior to Quest, Inc., Alan spent Board of Governors, he also is on the Workforce region and other like-minded industry groups 7 years in the Audit Practice as a Manager for Central Florida Board of Directors, is a board to stayed focused on what issues are most Deloitte. member for both the Orlando/Orange County important to small businesses Polejes is a graduate of Rollins College. Alan has an MBA from the University of Convention & Visitors Bureau and Rollins Central Florida, is a Certified Public Accountant College Alumni Association. and a member of the AICPA, FICPA, and the “I’ve been serving on the Chamber Board for Institute of Internal Auditors (IIA). 11 years, and I have such pride and passion for the organization, the people and the community. It’s uplifting to work with this group.” fm 01.05 35 CHAMBER INSIGHT | event calendar january 05 6 Leadership Orlando Class 65 Quality of Life (Arts, Heritage, Entertainment) 7:30 a.m.-5 p.m. Kelly Nicholson at 407.835.2527 or [email protected] Noon-Noon The Club at Hammock Beach, 200 Ocean Crest Dr., Palm Coast Listening to Leaders All Volunteer Leaders of the Orlando Chamber of Commerce and their spouses are being invited to attend and participate the Chamber Retreat. This once-a-year event will give us the opportunity to make a difference in your business and in our community. Contact Kristine Vorpagel Shields at 407-835-2531 or [email protected] DUANE E. DE FREESE, Ph.D. Vice President of Florida Research, Hubbs-Sea World Research Institute Hubbs-SeaWorld Research Institute (HSWRI) is a non-profit research foundation. Dr. De Freese is responsible for all aspects of HSWRI operations in Florida, including scientific research development, strategic planning, fund-raising and construction of a new world-class facility for marine research, conservation and education. $15 Individual prepaid, $20 Individual day of the event. Complimentary admission for dues paid Leadership Alumni Members. Kelly Nicholson at 407.835.2527 or [email protected] HERE ARE SOME PRIORITIES: • Articulate a 1000-Day Agenda. During the staff planning retreat, a 1000-day agenda model and key Chamber enterprise message was drafted.The message qualifies every Chamber activity during the 1000 days. This will give volunteer leaders a world-class briefing tool that provides meaningful context and continuous momentum throughout the Retreat. • Explore a Local Medical School. This will require the participation of informed and passionate leaders and subject-matter experts. Retreat attendees will hear a competitive/market analysis and gain a preliminary sense of how this niche advocacy project should run. • Support a Community Facilities Campaign. This discussion will focus on the complications and opportunities relative to arts and entertainment infrastructure funding.We’ll hear from leaders and subject-matter experts. Retreat attendees will hear an opportunity analysis from credible and informed leaders.You’ll be provided with a foundation of current inventory/assets, asset limitations and tangible long-term opportunities. • Establish continuity with the 2004 Leadership Retreat. We plan to establish continuity with the 2004 Leadership Retreat by including a community college system update and highlighting the great strides already taken relative to Puerto Rico and the Hispanic Summit, QUESTIONS? Contact Kristine Vorpagel Shields at (407) 835.2531 or via e-mail at [email protected]. SPONSORSHIP OPPORTUNITIES AVAILABLE Contact Cyndi Matzick at 407.835.2531 or [email protected]. 19 25 26 28 So Social Networking Happy Hour Coffee with the President Leadership Orlando Class 64 Graduation Coffee with the President 5:30-9:30 p.m. The Westin Grand Bohemian 325 South Orange Ave., Orlando Contact Scott Bender at 407.260.5200 or [email protected] for more. 20 Business@Breakfast/New Member Orientation 7:30-10 a.m. The Ballroom at Church Street 225 Garland Ave., Orlando “How to Put More Minutes in Each Hour, Arrive Refreshed at the End of the Day, and Look Forward to Starting It All Over Again Tomorrow.“ Perry W. Buffington, Ph.D. — Dr. Buff — tells you how. At the end of this presentation, you’ll have your day-timer rearranged, your priorities in check, your sleep night secured, and your life in order. $15 Prepaid, $20 Individual day of the event. Lisa Dishman at 407.835.2451 or [email protected] 36 2005 Chamber Leadership Retreat 12 7:30–8:15 a.m. Registration, Breakfast & Networking, 8:15–9 a.m. Program Orlando Museum of Art 2416 North Mills Ave., Orlando fm 01.05 21-23 8- 9 a.m. Orlando Regional Chamber of Commerce 75 South Ivanhoe Blvd., Orlando Have trouble waking up before that first cup of joe? Jump start your morning with an informed gathering that brings you face to face with other business leaders and Jacob Stuart, President of the Orlando Regional Chamber of Commerce. Call today to reserve your seat! Contact Lisa Dishman at 407-835-2451 or [email protected] Pizza with the President 11:45 a.m.-1 p.m. Orlando Regional Chamber of Commerce 75 South Ivanhoe Blvd. Get Your Slice of the Pie! Slice it any way you like:The Chamber’s here to help your business grow. But we can’t do it without your input — and appetite.This informed gathering bring you together with other business leaders and Jacob Stuart, President of the Orlando Regional Chamber of Commerce, to discuss your role in the community. Call today to reserve your seat! Contact Lisa Winkelbauer at 407.835.2448 or [email protected]. Sponsored by: Donatos Pizza 7:30 a.m.-5 p.m. Contact Kelly Nicholson at 407.835.2527 or [email protected] Coffee with the President 8-9 a.m. Orlando Regional Chamber of Commerce 75 South Ivanhoe Blvd. Contact Lisa Dishman at 407-835-2451 or [email protected] 7-8 a.m. Orlando Regional Chamber of Commerce 75 South Ivanhoe Blvd. Contact Lisa Dishman at 407-835-2451 or [email protected] Pizza with the President 11:45 a.m.-1 p.m. Orlando Regional Chamber of Commerce 75 South Ivanhoe Blvd. Contact Lisa Winkelbauer at 407.835.2448 or [email protected] Pizza with the President 11:45 a.m.-1 p.m. Orlando Regional Chamber of Commerce 75 South Ivanhoe Blvd. Contact Lisa Winkelbauer at 407.835.2448 or [email protected] 27 Coffee with the President 8-9 a.m. Orlando Regional Chamber of Commerce, 75 South Ivanhoe Blvd. Contact Lisa Dishman at 407-835-2451 or [email protected] Pizza with the President 11:45 a.m.-1 p.m., Orlando Regional Chamber of Commerce, 75 South Ivanhoe Blvd. Contact Lisa Winkelbauer at 407.835.2448 or [email protected] new members | CHAMBER INSIGHT A & G Associates, Inc. 37 Belair Street Eatonville, FL 32751 Mr. Abraham Gordon Automated Teller Machines American Express Financial Advisors 1900 Hillcrest Street Orlando, FL 32708 Mr. Brian E. Buck Financial (Consultants/ Planners/Services) American Signature Homes 150 South State Road 434 Altamonte Springs, FL 32244 Mr. Keith Murdock Furniture American Signature Homes 730 West Sand Lake Road Orlando, FL 32809 Mr. Michael McKinley Furniture Amscot Financial 2100 South Chickasaw Trail Orlando, FL 32825 Mr. Ian A. MacKechnie Tax Services Amscot Financial 939 North Semoran Boulevard Orlando, FL 32807 Mr. Ian A. MacKechnie Tax Services Amscot Financial 2422 South Kirkman Road Orlando, FL 32811 Mr. Ian A. MacKechnie Tax Services Amscot Financial 600 Northwest Shore Boulevard Suite 1200 Tampa, FL 33609 Mr. Ian A. MacKechnie Tax Services Avalar VIP Real Estate 100 Alexandria Boulevard Suite 11 Oviedo, FL 32765 Mr. Donovan Carr Real Estate Bisbee and Company P.O. Box 560852 Orlando, FL 32856-0852 Ms. Jennifer Bisbee Public Relations Services Century National Bank 65 North Orange Avenue Orlando, FL 32801 Mr. Richard O’Brien Banks Ciao Italia Ristorante 6149 Westwood Boulevard Orlando, FL 32821 Ms. Josie Navarra Restaurants Duke Realty, Inc. 4700 Millenia Boulevard Suite 380 Orlando, FL 32839-NB Mr. Doug Irmscher Real Estate (Commercial/Industrial) FASCAR — Orlando Speedworld Oval Track 19164 East Colonial Drive Orlando, FL 32820 Mr. Terry Roberts Sports Organizations MD Mulcahy Enterprises 716 White River Drive Orlando, FL 32828 Ms. Mary D. Mulcahy Air/Water (Purification/Treatment) Metropolitan Siding and Roofing, Inc. 10003 Satellite Boulevard Suite 200 Orlando, FL 32837 Mr. Fletcher Silverberg Roofing Showtyme International Hair & More 2123 West Colonial Drive Orlando, FL 32804 Ms. Alicia Gilreath Wedding Services Sign A Rama 316 West Colonial Drive Orlando, FL 32801 Mr. Dwayne Williams Signs Solantic First United Mortgage Corporation 201 East Pine Street Suite 315 Orlando, FL 32801 Mr. Robert Yaniga Mortgage Bankers or Brokers Focused Energy LLC 14010 Kestrel Drive Orlando, FL 32837 Mr. Don McGill Technology Muzak LLC 5750 South Semoran Boulevard Orlando, FL 32822 Ms. Angela Maher Audio/Video Stirling International Realty Pietro Borgia Corporation 4756 Walden Circle Suite 612 Orlando, FL 32811 Mr. Marcio Sborgi Painters 186 South 5th Street Lake Mary, FL 32746 Ms. Pomie Lau Advertising (Directories/Guides) 7560 Commerce Court Sarasota, FL 34243 Ms. Christina Bruce Employee Leasing 106 West 6th Avenue Windermere, FL 34786 Mr. Colin F. Galloway Insurance 888 North Orange Avenue Orlando, FL 32801 Dr. Catherine W. Foulks Restaurants Your Essence Travel SD Modular Insurance Services of Central Florida 201 East Central Boulevard Orlando, FL 32801 Ms. Cindy Pennington Real Estate (Agents/Brokers/Managers) Urban Beat Entertainment, Inc. Progressive Employer Services Good Life Media, Inc. 2555 South Kirkman Road Orlando, FL 32811 Mr. John Bernet Healthcare Services 745 Golf Course Parkway Davenport, FL 33837 Mr. John Johnson Displays and Exhibits (Designers/Producers) 8011 Meadowglen Drive Orlando, FL 32810 Ms. P.C. Carter Travel Services Internal Medicine Group of Central Florida 2000 Cypress Crossing Drive Orlando, FL 32837 Mr. David H. Trevett Physicians/Surgeons J. Meyers Insurance Group 5003 Old Cheney Highway Orlando, FL 32807 Mr. Frank Podeswa Insurance welcome November’s new members. Find December’s new members in the next issue. Joe Burns, Jr. Consulting 4442 Yachtman’s Court Orlando, FL 32812 Mr. Joe Burns, Jr. Health/Nutritional (Products/Services) Lawton Brothers, Inc. 2515 Dinneen Avenue Orlando, FL 32804 Mr. David B. Lawton Janitorial (Equipment/Supplies) Levan’s Catering 643 Orange Avenue Winter Park, FL 32789 Mr. Gregg Hutson Catering Regional Board of Advisors Chamber Trustees Small Business Chamber fm 01.05 37 PARTING SHOTS LARRY TOBIN President and CEO, FAIRWINDS Credit Union LARRY TOBIN KNOWS the value of partnering with community organizations. In November 2004, FAIRWINDS and the University of Central Florida Alumni Association broke ground on the Fairwinds Alumni Center on the UCF campus. More importantly, Tobin and his employees are giving back to the community that’s given to them. We asked Tobin why a cooperative spirit delivers huge dividends. Here’s what he had to say: FM: WHAT’S THE PARTNERSHIP YOU HAVE WITH UCF? TOBIN: Several years ago, UCF came to us and asked for our support in building an alumni center on campus. We already partnered with them on other programs, such as allowing UCF alumni who are members of the center to join FAIRWINDS credit union and receive special services. As an outgrowth of that, UCF asked us to join them in building an alumni center. With some 50 percent of UCF alumni living in Central Florida and 75 percent living in the state, we thought it made perfect sense. In addition, some nine of our 11 management team members are UCF alumni, as well as are many of our other employees. So, we pledged $1 million over a 10-year period to the center. The 23,000 square-foot facility will serve as an on-campus home for 120,000 alumni and is scheduled to be complete in fall of 2005. Because we [UCF and FAIRWINDS] both have our roots here and share our love for this community, our partnership is a natural one. FM: TELL ME ABOUT THE BUSINESS STRATEGY BEHIND THIS PARTNERSHIP. TOBIN: We’re a cooperative, so we’re all about people helping people. There are seven principals that guide us and one of those is “concern for your community.” One of our core values is commitment to the community. After all, as the saying goes,“Build your comfm 01.05 38 munity and you build your bank.”We want to make sure the community we live in is strong, caring and growing; just like we want to make sure we do what is in the best interests of our credit union members. It’s good business and it makes sense. FM: HOW DOES THE ALUMNI CENTER FIT INTO THE MIX? TOBIN: We’re committed to education and not just in the sense of higher education. We try to educate our members about financial topics. In every issue of Pegasus, UCF’s official alumni publication, we have an article to help alumni improve their financial situation, to give them an awareness of financial matters. The alumni center is an extension of that. Their [UCF] market is our market. We’re open to working with anyone interested in being a part of the credit union. The center will be built on the north end of the campus, just across from the current arena. It will be a place to meet for social gatherings, view selected memorabilia from the UCF archives, network with other alumni and celebrate lifelong friendships that began at UCF. FM: IN WHAT OTHER COMMUNITY WORK DOES FAIRWINDS PARTICIPATE? TOBIN: It takes people to be active and involved in the community to really make a difference. For example, with regards to the arts, it requires a patron to be successful. It’s not something that can support itself, so we encourage our employees and members to support the Central Florida arts and cultural community. Our employees are also active in the American Diabetes Association and the American Cancer Society as well as several other organizations. In 2003, I served as chair of the American Diabetes Association Walk-a-thon. The benefit back to the company is that our employees can make a difference. They want to have a purpose and there are so many needs that it’s easy to make tremendous impact. CLOSE UP Beginning his career in 1980 as a part-time teller at FAIRWINDS, Tobin quickly worked his way up through virtually every area of the credit union. By 1990, he was the executive vice president and COO, focusing on enhancements to technologybased services. In 2003, he was promoted to president and chief executive officer. Tobin has a bachelor’s degree in finance from UCF as well as a bachelor’s from Rollins College. He earned his MBA from the Crummer Graduate School of Business at Rollins College.