NeoCity just scored another big tenant, with South Korean radar company SRS (Smart Radar System, Inc.) choosing the Osceola County tech district for its U.S. headquarters and advanced manufacturing hub. The firm is planning a roughly $53 million investment in a 110,000-square-foot campus that county officials say should bring at least 190 jobs to the Kissimmee-area technology corridor.
The Osceola County Board of County Commissioners signed off this week on a development agreement with SRS. Mobility LLC, according to Osceola County. As part of the deal, the county will convey about 5.8 acres of pad-ready land, and the planned building is set to include office space, research-and-development labs, and advanced assembly areas. “This partnership with SRS represents another major milestone,” District 3 Commissioner Brandon Arrington said in the county’s announcement.
County documents list the firm as Smart Radar Systems Inc., with plans calling for a roughly 110,000-square-foot headquarters and manufacturing facility, according to the Orlando Business Journal. That report, drawing on county materials, pegs the total investment at about $53 million and confirms the commitment to create at least 190 jobs.
What they will build
County materials indicate the NeoCity facility is set to house corporate offices, R&D labs, and advanced manufacturing operations focused on radar-based safety and smart-sensor systems used in vehicles and smart-city infrastructure. NeoCity is described as a 500-acre technology district intended to knit together research institutions, workforce initiatives, and private industry on one high-tech campus.
Jobs and local payoff
Osceola County says the SRS project is expected to generate a minimum of 190 high-wage positions, with an average annual salary close to $85,000. Local leaders are already pointing to those numbers as evidence that NeoCity can be an economic engine, bringing international investment to Kissimmee while opening new career paths for residents who want to work in advanced tech without leaving the county.
NeoCity momentum
The SRS deal lands on top of a string of recent moves at NeoCity, including a county-backed $22 million chip-lab project and earlier headline-grabbing foreign investments that helped kickstart the district’s momentum. bets $22M on Kissimmee chip lab coverage has followed those efforts and the county’s push to lure semiconductor-adjacent companies to the campus.
SRS is not exactly a stranger to the area. The company has already teamed up with the Osceola School District to pilot 4D radar sensors on school buses, a safety project local officials say helped seal the relationship, as reported by ClickOrlando. County records outline the next steps as land conveyance and permitting for the NeoCity site, according to the Orlando Business Journal.
