MANGOS CAFE: Miami developers investing half-billion in Orlando




















Tourism Talk






Friday, April 29, 2016 at 4:27 by Gary White








David Wallack and Joshua Wallack, the Miami-based founders of Mango’s Tropical Cafe, plan to make a $500,000 million investment in Orlando’s International Drive Tourist District.




Here is a news release from the PR agency representing the Wallacks:



Established Miami developers David Wallack and Joshua Wallack have targeted Orlando with half a billion dollar investment in the International Drive Tourist District. The Wallacks are one of Florida’s most respected families, bringing urban renewal to Miami’s South Beach with their world famous Mango’s Tropical Cafe, which draws more than a million visitors a year and celebrated its 25th Anniversary last month.





David Wallack was part of the renaissance of South Beach in the 1970s and 1980s, eventually opening Mango’s Tropical Cafe South Beach in 1991. He was honored in 2014 by the Miami Beach Chamber of Commerce with the prestigious Excellence in Tourism Award for his insight and leadership in transforming the South Beach Community into a trend-setting vacation hot-spot that attracts visitors from around the globe. 


He sees Orlando’s International Drive area poised to experience a similar renewal and has already committed hundreds of millions of dollars to transforming the tourism corridor into a revitalized, cosmopolitan destination for visitors and locals alike.



“The Orlando market has already started another renaissance,” said David Wallack.



 “Between Disney, Universal, Sea World and I-Drive, there are literally billions of dollars of new development and attractions going up everywhere. Mango’s is a natural fit for this market, and we have an incredible location.”
Joshua Wallack, who has called Orlando home since 2013, says the Company is ready to lead the International Drive Tourist District as a world-class destination with Orlando’s own 55,000 square foot Mango’s Tropical Cafe (which opened in Dec 2015), Hollywood Plaza Parking Garage and SKYPLEX, the indoor entertainment Complex anchored by the World’s Tallest Rollercoaster. 





Orlando is the number one tourist destination in the country, with over 62 million visitors in 2014, and I-Drive attracts 5.4 million overnight guests a year. The Orange County Convention Center, located about one mile from Mango’s, is the second largest in the country, hosting 1.4 million conventioneers annually.





The Wallack family’s substantial investment and innovative development projects along I-Drive will attract more visitors, bringing jobs to the area and paving the way for future development to reach unforeseen heights. 





Orange County Mayor Teresa Jacobs shares the same vision. “We’re committed to creating a dazzling International Drive entertainment district that will be the envy of the world – not only for our visitors, but for our young millennials, local families and children, entrepreneurs, artists and more. We’re creating a vision for the future, where tourists from around the world will want to come back – again and again – and where local citizens, families and young people will enjoy a ‘uniquely local’ lifestyle, in walkable, livable districts that are filled with entertainment, dining,” she said in her annual State of the County Address.





http://tourism.blogs.theledger.com/11540/miami-developers-investing-half-billion-in-orlando/