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Tag Archive: Ocala

Why Ocala Florida is a great place to invest

Ocala Florida is conveniently located in the middle of three massive cosmopolitans, Jacksonville, Tampa and Orlando. Ocala being so central you have access to State freeways, worldwide airports, shipping ports, attractions and resulting commerce.

The ease at which you can access recreational and leisure destinations make Ocala ideal for investment. Ocala has many tourist friendly parks and preserves, and the nearby coastlines give ample beach space.

Florida is known globally as the Sunshine State. The beautiful sunny skies and clean country air make cities like Ocala prime stops for retirees and vistors alike.

Today’s extremely affordable rates are a magnetic force drawing investor funds to Ocala and Marion County. Properties with the prospect of getting fantastic revenue are in great abundance throughout Ocala. (more…)

West Ocala to have $60 Million of Upgrades

The West Ocala Community Redevelopment Area will see $60 million pumped into the area over the next 30 years. The program will bring upgrades and aesthetic improvements that the area has needed for decades.

“I believe that the West Ocala is long overdue, and although it will be slow moving in the beginning, it will allow the compounding of dollars to help towards future projects,” Ocala City Council President Jim Hilty wrote in an email.

Over the next three decades the funds will be aimed at projects including beautification of the State Road 40, Pine Avenue, Martin Luther King Jr. Avenue, State Road 200 and U.S. 27 gateway corridors through West Ocala; upgrades in the historical section; and more housing development in the formerly blighted Busbee Quarters area now known as Phoenix Heights.

These redevelopments come at a good time for Ocala, with house prices finally starting to increase. According to the latest report from Ocala/Marion County Association of Realtors, there has been a 15.6 percent boost on the price of an average single-family home from the previous year.

Moving forward, the city is feeling very positive and hopeful about the proposed changes and improvements. Efforts will be made to reach out to the current residents of the area for their insight and input in order to make Busbee Quarters as great as possible. Nothing but positive change is anticipated for West Ocala.

CrownWorld offer an opportunity to purchase building plots which have full and irrevocable planning permission for residential family homes to be developed on a secure gated subdivision in Ocala. Buyers can confidently take advantage of the upturn in the US real estate market as prices begin to rise but yet still invest in the precious commodity of land. For more information please go to our contact page or email info@crownworld.com and leave your details.

New Rasmussen School of Nursing Facility in Ocala

Former Ocala Entertainment Complex building to become new school of nursing.

Rasmussen College’s School of Nursing current building is getting cramped, with nearly 500 nursing students taking classes at the facility. The need for more computers, skill labs and clinical simulation activities has grown over the last couple years, along with the parking challenges that come with the excess of students.

The college announced that the 29,000-square-foot former Ocala Entertainment Complex building would soon become the new home for the School of Nursing. The new building offers twice the space, offering much need space for students, teachers, equipment and parking. (more…)

IHS Predicts Big Economic Growth for Ocala

Ocala housing

IHS Global Insight’s new report for the U.S. Conference of Mayors has named Ocala in their top 10 list of metropolitan areas that are expected to see the most economic growth next year.

The forecast is that there is to be a large shift from the high performing energy areas that did so well in 2014 to the retirement and baby boomer areas of the South East.

Nowhere supports this better than Midland, Texas, the best economic growth in 2014, which grew 11.9%, is estimated to finish last in the list with only a 3.2% rise. (more…)

New stand-alone emergency room to open in Summerfield Ocala

Ocala MRMC

Ocala Regional Medical Center and West Marion Community Hospital’s parent company, Ocala Health, has announced it will open a new $10 million stand-alone emergency room on a three-acre site in Summerfield.

The 10,500 square-foot facility is expected to be fully operational during the first quarter of 2016. It is estimated that it will serve more than 15,000 patients annually and employ 40 full-time healthcare workers.

The decision to open a stand-alone ER in Summerfield reflects the rising trend in these facilities, with the amount doubling in the past five years to more than 400 though out 45 states. They remain open throughout the night, typically have much shorter wait times, located in convenient location and offer the same level of care available as emergency rooms in hospitals. (more…)

Ocala economy growing faster than national average

The Ocala MSA economy has grown 1/3 faster than the national average each of the last two years according to the US Department of Commerce, BEA. Additionally, in a report for the US Conference of Mayors prepared by IHS Global Insights, the Ocala metropolitan statistical area (MSA) is predicted to have one of the 40 fastest economies in the US in 2015. (more…)

Investment Opportunities in Ocala

Ocala in Florida is well known for its high quality of life yet low cost of living. The beautiful landscape and attractions bring in so many tourists every year; which is why it comes as no surprise that there is an increase of investment opportunities in this area.

The Ocala & Marion County Economic Development Corporation (EDC) have in place a plan to create 1,960 jobs which pay at least 115% of the average wage. The best part is that this is set to be in progress now! (more…)