× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Overbuild Problem / Orlando, Florida #36452

ABC Evening News for Friday, Mar 28, 1975
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Reducing prices to fill empty spaces being tried in Orlando, Florida.
REPORTER: Harry Reasoner

(Orlando, Florida) Following on heels of DISNEY World, building boom began but soon went bust. Before construction stopped, 6000 too many motel rooms built; more than million square foot of overabundant office space built; ind. space even more plentiful. [Dvter. Robert OEFINGER - says demand for construction unbelievable in `72 and `73, but in `74 demand seemed to come to screeching halt.] Construction trade hit hardest. [Realtor Robert GARDNER - says many construction workers moved from town after construction boom halt caused massive layoffs.] Action caused thousands of vacancies in apts. and hses. [Task force chairperson Robert HERRELL - says auto industry copied in effort to fill up vacancies.] Rebates, discounts, gifts offered to apt. renters; 5-10% off on factory and office space; as much as 20% off on new home.
REPORTER: David Snell

Reasoner, Harry;
Snell, David

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.