The new plan adds 50 hotel rooms and more than doubles the amount of office spaceHKS
The Magic have "filed an updated master plan" for their downtown Orlando Sports + Entertainment District that is "expected to more than double" the original $200M project budget, according to Laura Kinsler of the ORLANDO SENTINEL. The mixed-use district will be built "starting next year on 8.4 acres across from Amway Center." Magic Chief Communications Officer Joel Glass said the project will now cost "well over" $500M. The district will "contain nearly 110,000 square feet of retail space, a conference center hotel with 80,000 square feet of event space, offices, apartments and a 2,500-space parking garage." The updated plan maintains the original concept from '18 but "increases the number of hotel rooms by 50 and more than doubles the amount of office space from the original 200,000 square feet to 420,000 square feet." District Dir Pat Gallagher said that the office tower "would now rise to 18 stories, which includes the ground-floor retail, multilevel parking structure and commercial office space." Kinsler notes the Magic's new HQ "would occupy 40,000 square feet in the office tower" (ORLANDO SENTINEL, 10/29). Glass said that the "next step" will include the "demolition of the former Orlando Union Rescue Mission building" to make way for the project. The team "declined to share any potential office or retail tenants, multi-family developers or hotel flags that it's talking with for the future complex" (BIZJOURNALS.com, 10/28).
