The International Association of Amusement Parks and Attractions announced Wednesday it will move its headquarters from Arlington, Va., to Orlando, Fla., sometime next year, but only if the state and county approve a package of financial incentives.

IAAPA didn't provide an exact date for the move. The association's board of directors approved the relocation during a meeting in Barcelona, Spain, held this week. The group said the move would put it in the "global epicenter of the theme park and attractions industry," with Orlando the home of Walt Disney World, Universal Orlando Resort, SeaWorld Orlando and other notable amusement parks.

"I cannot think of a better place to build our future than in Orlando, the theme park and attractions capital of the world," board chairman John McReynolds said. "Our new headquarters will become a global gathering place where industry leaders will connect to conduct business, learn from each other, address challenges and imagine the attractions that will put smiles on people's faces for many years to come."

IAAPA also announced it would extend a contract to hold the group's annual conference and trade show in Orlando at the Orange County Convention Center for another five years. IAAPA is currently committed to host the show at the convention center until 2025, with the agreement pushing that date back to 2030.

Both the trade show contract extension and office relocation are contingent upon financial incentives promised to IAAPA by the state of Florida and Orange County government. The incentives have not been publicly disclosed, the Orlando Sentinel reported. The Orange County Commission has yet to approve the agreement.

IAAPA reported $20 million in revenue and 39 staff on its most recent tax records. The group is currently located at 1448 Duke Street in downtown Alexandria. The association did not say what its new address will be after the move or how many staff would relocate to Orlando.

"We have outgrown our headquarters office so now is the time to put infrastructure in place to support the association and the industry for the future," IAAPA CEO Paul Noland said. http://bit.ly/2djpuaR

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