Travel + Leisure may be moving to downtown Orlando. On Wednesday, the Regional Redevelopment Authority Advisory Committee recommended approval of an agreement with Travel and Leisure as part of a program to create high-wage, high-value jobs. This program was launched to help locate industries and headquarters downtown, and also provides Paramore headquarters incentives. We will provide incentives of up to $4,000 per job to businesses that provide high-wage, high-value jobs in the Parramore area. Travel + Leisure plans to relocate his 908 jobs to downtown Orlando, creating 102 “high-value” jobs, according to meeting documents. The maximum amount of funding the company can receive through this program will be more than $4 million. WESH 2 reached out to Travel + Leisure, which said the current building's lease near SeaWorld expires in 2025 and “the owners are not in a position to negotiate,” so relocation options include a downtown office building. He said he is considering it. Before Wednesday's vote, they said they were “encouraged by the ongoing discussions and appreciate the Regional Redevelopment Agency Advisory Committee's consideration this week.” The agreement is currently scheduled to be presented to the City Council in May.
Travel + Leisure may be moving to downtown Orlando.
On Wednesday, the Regional Redevelopment Authority Advisory Committee recommended approval of the agreement with Travel and Leisure as part of a program to create high-wage, high-value jobs.
The program was launched to help locate industry and headquarters downtown and can offer incentives of up to $4,000 per job to companies that locate high-wage, high-value jobs in the Parramore area. Incentives are also included.
Travel + Leisure plans to move 908 jobs to downtown Orlando and create 102 “high-value” jobs, according to meeting documents. The maximum amount of funding the company can receive through this program will be more than $4 million.
WESH 2 reached out to Travel + Leisure, which said the current building's lease near SeaWorld expires in 2025 and “the owners are not in a position to negotiate,” so relocation options include a downtown office building. He said he is considering it.
Before Wednesday's vote, they said they were “encouraged by the ongoing discussions and grateful for the Regional Redevelopment Agency Advisory Committee's consideration this week.”
The agreement is currently scheduled to be presented to the City Council in May.
