Osceola County has reached a deal to build a one of a kind facility in Central Florida which they are calling a "mall for businesses."
The International Commerce Center will be 1.5 million square feet of space, but Osceola Chairman Frank Attkisson says it won't be retail. Instead, business owners from around the world are expected to come here to make large scale purchases from wholesalers.
"They will be able to go into a wholesale business relationship or business environment where they can actually pick and choose the next items that will be in the Spring wears or the Fall or something like that," said Attkisson.
Attkisson said the object is to prevent major buyers from having to travel to China to purchase the latest goods for their retail stores.
"They're going to have five different streams of businesses. They're going to certainly have fashion, home goods, Internet technology. So you can buy the latest and greatest in big screen TVs, but you won't buy one at a time, you'll have to come in and buy a thousand at a time."
The giant center will be on U.S. Highway 192, right across from Osceola Heritage Park. Attkisson said there will be short and long term jobs.
"Total of 12,000 jobs. About 6,000 of those will be the construction jobs, and the other 6,000 will be the ongoing jobs from the 1,200, 1,300 businesses that will be there plus all the other infrastructure that will go in there as well."
A 700 unit housing complex and a 4-star hotel are also planned. Attkisson said the cost to taxpayers will be minimal.
"If we do this in a timely fashion, we are on schedule. this transaction will cost us the price of 400 acres which is $150,000."
Osceola County must close the deal near the end of this year, or at the beginning of next, or the price of that 400 tracts of land will rise to $3 million. The private developer will pay the rest of the cost of building the facility.