The sports and entertainment district to be developed on the 8.5-acre block adjacent to the Kia Center in downtown Orlando has been given final approval by the City of Orlando.
The project will be an inclusive, vibrant community hub featuring a full-service 260-key hotel, 270 residential units, a 3,500-capacity live entertainment venue, Class-A office space, and a variety of dining and shopping options. The development also includes a 1,140-stall parking garage and a 1.5-acre multipurpose outdoor “urban living” room green space.
“We are excited to move on to the development phase of the sports and entertainment district,” said David Carlock, founder and principal of Machete Group, Inc. “The city has been a tremendous partner to us since the start of the process and we are looking forward to developing a vibrant new place in downtown Orlando.”
Orlando Magic CEO Alex Martins stated, “With today’s approval and the leadership of Mayor Dyer and City Council, we are looking forward to the next phase of the project and bringing the sports and entertainment district to life. We are thrilled to have JMA Ventures and Machete Group guide the development of this joint venture with the DeVos Family and the Orlando Magic. It will be a great place to live, work, and play in the heart of downtown and will provide significant job and contract opportunities during and after construction.”
The sports and entertainment district is scheduled for completion by March 2027 and projected to create 3,400 jobs. The project is set to break ground in late 2024.
