For the Orlando Magic, the last month — and especially since training camp started last week — has been about breaking in the team’s new state-of-the-art 130,000-square-foot AdventHealth Training Center.
Although the Magic are getting settled in their new training facility, they’re still keeping their attention on a bigger project that’s been in the works for nearly a decade.
Orlando Magic CEO Alex Martins recently told the Orlando Sentinel that the organization is planning to start construction on the long-awaited $500-million-plus downtown Sports + Entertainment District by the end of March 2023.
He added that the project is expected to be a “two-year build process” and be completed “sometime in 2025″ but wasn’t sure when exactly it’d be done.
Pat Gallagher, director of the Sports + Entertainment District, told GrowthSpotter in early September that the team would be releasing more information about the project within the next few months.
“We’re still very much on track and certainly believe that we should be in the ground by the end of the first quarter next year, starting some construction,” Martins said. “Our development partner is working on finalizing all the financing as we speak. They hope to get through that this calendar year. Provided the market stays and doesn’t get much worse, hopefully, we’ll be able to get into the ground by the end of the first quarter [of 2023].”
The Sports + Entertainment District will be a mixed-use district on the 8.4 acres north of Amway Center and east of the team’s training facility, which also has an orthopedic and sports medicine clinic run by AdventHealth.
The project will include several amenities, including a hotel tower, restaurants, meeting and retail space, a parking garage and 420,000 square feet of office space.
The team’s business staff, which has been working out of leased 23,000-square-foot space in downtown’s CNL Building II next to City Hall after leaving their longtime offices in Maitland’s RDV Sportsplex last year, will move into the Sports + Entertainment District office space once completed.
The Magic are bringing on a yet-to-be-announced development partner for the Sports + Entertainment District.
“The pandemic actually caused us to have the need to change development partners, so we went through that process over the course of the last year,” Martins said. “They’re very excited about it and believe in the vision the development will come together and the pieces within it.
“It’s very much the same we’ve talked about: the hotel, office, music venue and sports and entertainment-related retail. The vision and plan very much remain the same. We’ve got a development partner that believes in that vision and that it can be very successful.”