Orlando City Council Gives the Green Light to 200 Million Dollar Magic Development

By iSportconnect | June 24, 2014

The NBA’s Orlando Magic has been given the go-ahead by the City Council to invest $200m into a project that will see a new complex next to the Amway Center.

The mixed-use venue will feature a corporate headquarters for the Magic which will see over 100 employees move into downtown.

Orlando City Council unanimously approved the SED Development, medical LLC – a sister company of the Magic – after a 120-day investigation period and a study of the Orlando Sports and Entertainment District.

Orlando Magic CEO, cheap Alex Martins said: “Like with the Amway Center, this has been several years of planning and working with the City to find the right avenue to add another great piece that will add to the core of downtown.

“So it’s incredibly exciting to get to the approval stage. Now, the real work begins in planning for construction.

“It’s going to be a long project and from start to finish we’re probably looking at five-to-six years. But we’re very excited to get started.”

The design firm of RTKL, who worked on LA Live next to the Staples Centre in Los Angeles, Victory Park near American Airlines Arena in Dallas and more, helped to formulate the renderings.

In the spring, City Council unanimously approved the sale of land across the street from the Amway Center to the Magic for $12.7 million.

That cleared the way for the Magic to move forward on designing the 650,000-square-foot complex.

The land is located north of Church Street, east of Division Street, south of Central and west of Hughey Ave.