Magic to begin construction on entertainment complex

“The Magic are expected to close on the purchase of the site near Amway Center by the end of June and could soon after start demolishing the existing buildings on the property. Thomas Chatmon, executive director of the Downtown Development Board, during a May 7 real estate conference said the Magic may start demo work next month, but the Orlando Magic and city of Orlando later said that was not the case.”

-Anjali Fluker of Orlando Business Journal

The Magic are planning to construct a $200 million entertainment complex across the street from Amway Center that will include several restaurants and entertainment venues and also a small convention center and hotel. It is supposed to be modeled after Beale Street outside FedExForum in Memphis or L.A. Live outside Staples Center in Los Angeles.

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