NeoCity welcomes secure IoT sensor industry leader LocatorX
Osceola County commissioners jumped right into 2025 during their first meeting of the year Monday, approving a handful of profile-lifting projects.
The Cross Prairie Parkway extension, a road which would link the Tohoqua and Kindred neighborhoods to Clay Whaley Road and Kissimmee Park Road, as well as a new planned Florida’s Turnpike interchange at Nolte Road, is closer to coming to fruition – and getting the state and federal government to pay for portions of the $53 million project.
The board approved a measure to apply for the U.S. Department of Transportation Rebuilding American Infrastructure with Sustainability and Equity (RAISE) Grant, which would provide $25 million in federal funds for the road. If the county receives the federal award, it would have to provide matching funds, and county records show the entire project is funded in its five-year plan, meaning federal funds would reduce its obligation.
County leaders already asked its state legislative delegation at its gathering last week to fund any other costs above the federal grant and required county match, saying that 25,000 motorists a day will potentially use the new road when it’s built and provides a new way out to the Turnpike and out of Tohoqua and Kindred as an alternative to Old Canoe Creek Road and Neptune Road.
“This road is in District 4, but it means so much to the residents of District 5,” said District 5 Commissioner Ricky Booth. “It is important to get this road completed.”
Commissioners also approved up to $4 million in local sales tax funding for design services for the road. Dewberry Engineering of Orlando was one of five responding firms – all were from outside the county – to apply for the job.
The county also agreed to purchase about 13 acres of land along south Hoagland Boulevard for $2.8 million plus closing costs from UMAM, LLC for the purpose of creating an “Industrial Economic development opportunity” in the area.
NeoCity gets another tenant
And, the county has a new tenant for its office building at NeoCity. The county has approved a 36-month lease with Atlanta-based LocatorX, a supply chain intelligence provider that specializes in technologies like blockchain and sensors and QR codes that help businesses track and manage their inventories and prevent counterfeiting. The company will conduct its research and development services at NeoCity.
The company specializes in secure IoT sensors, which collect data and connect to the internet to share that data. Secure designs offer protections to prevent hacking, unauthorized access, or data leaks.
“After much consideration, we determined that NeoCity offers the environment most conducive to continuing our company’s growth. Being at the epicenter of semiconductor innovation provides access to top talent from surrounding universities and state-of-the-art resources,” said Chester Kennedy, CEO of LocatorX and former leading of NeoCity business incubator BRIDG. “NeoCity enables us to enhance our R&D capabilities, expand our workforce, and bring cutting-edge solutions to market faster for our defense, government, and enterprise clients.”
LocatorX was previously headquartered in Atlanta.
