People want to live in communities near where they work and shop. Since we can operate and develop in all three product types, we see synergies created through our mixed-use division. We can capitalize on these trends. A good example of that is in our Town Park development in Orlando, Florida, where we own approximately 175 acres. We are currently developing an office and multifamily development there.
Land is set aside to add retail later in the development.
We see the synergy that will be created between these three development types, the lifestyle trends where people like to live, work and shop in the same general area, and we think that will bear fruit for us in the future. Our capability of developing and operating in all three property types. Multi-family, retail and office are not all hitting on the same cylinders at the same time. For example, in the year 2000, multi-family and office were very strong for us and the retail sector lagged behind a little bit, with the economy slowing. Through diversification, we continue to deliver steady, good, consistent earnings for our shareholders.