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    Home»Business»Orlando marks 150 years while diversifying economy beyond tourism
    Business

    Orlando marks 150 years while diversifying economy beyond tourism

    Justin M. LarsonBy Justin M. LarsonAugust 3, 2025No Comments3 Mins Read
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    Interior Secretary Doug Burgum sounds off on what is driving a ‘forced increase’ in prices and fires back at actor Samuel L. Jackson praising wind farms on ‘Maria Bartiromo’s Wall Street.’

    As Orlando celebrates 150 years of history, its mayor is looking forward to its future as a destination known for more than just theme parks.

    “We are much, much more than just tourism,” Orlando Mayor Buddy Dyer told FOX Business, adding that, over the last 20 years, the goal of the City Beautiful has been focused on diversifying the economy and adding high-quality jobs. 

    “So we’re always looking to add to our industry clusters,” he said. “Modeling simulation and training is one of the most important clusters that we have. Most people don’t know that we are the epicenter of that for the country.”

    While many industries benefit from modeling simulation and training, Dyer highlighted the research park associated with the University of Central Florida; biotech, with a portion being in Lake Nona Medical City; and high-tech digital media, which are showcased at creative villages such as the Electronic Arts (EA) Sports east coast headquarters. 

    DISNEY’S FASTEST THRILL RIDE RETURNS WITH EXCITING NEW LOOK THAT HAS PASSHOLDERS RACING FOR SPOTS

    EA Sports employee works on a game

    An employee in the Artworks department uses reference photos and scans to develop character art for video games at the Electronic Arts Inc. (EA) Tiburon facility in Orlando, Florida, U.S., on Friday, June 5, 2015.  (Edward Linsmier/Bloomberg / Getty Images)

    When asked if there are any businesses in states like New York or California that Orlando is trying to get to relocate to central Florida, Dyer said no. Rather, the city – which Dyer said led the country in job growth last year – is focused on “homegrown companies.”

    SUMMER BEACH BATTLE BETWEEN LOCALS AND VISITORS HEATS UP AS OVERTOURISM SOARS

    Buddy Dyer during sports presser

    From left: Jon Hughes, Orange County mayor Jerry Demings, Conner Mantz, Clayton Young, Orlando mayor Buddy Dyer, Sam Chelanga, Scott Fauble, Betsy Hughes and Greater Orlando Sports Commission chief executive officer Jason Siegel pose at a press confe (Kirby Lee-USA TODAY Sports / Reuters)

    “We’re a city of small businesses,” he said, while also recognizing the economic powerhouse of Disney. 

    Harry P. Leu Gardens 150th sign

    Harry P. Leu Gardens offered free admission on July 31, 2025, to commemorate the city of Orlando’s 150th birthday.  (Pilar Arias/Fox News Digital / Fox News)

    CLICK HERE TO READ MORE ON FOX BUSINESS

    Another plus to living in the area?

    “We are really a culinary destination,” Dyer said. “We have a lot of Michelin-rated restaurants.”

    The Michelin Guide Orlando includes 59 restaurants, 11 of which were added this year, according to Visit Orlando. The most notable cuisine in Orlando, Dyer said, is Asian, which includes the two-star rated Sorekara. 

    Disney World vacationers can also get in on the high-end culinary experiences with the one-star rated Capa Steakhouse and Bar, located at the Four Seasons Resort Orlando at Walt Disney World Resort.



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