In a significant move towards transforming the heart of Downtown Orlando, the Orlando Magic and the Downtown Orlando Sports and Entertainment District have officially unveiled the powerhouse development team that will bring their vision to life. JMA Ventures, LLC and Machete Group, Inc. have been selected to spearhead the creation of a state-of-the-art sports and entertainment district right next to the iconic Amway Center.
A Stellar Team for an Exceptional Project
The announcement comes with high praise from Orlando Magic CEO Alex Martins, who expressed his enthusiasm about the project's future. "JMA Ventures and Machete Group are simply the best of the best. We are thrilled to have them take the reins and guide the sports and entertainment district into something Orlando will be proud to have in the heart of downtown."
A Sneak Peek into the Project
So, what can the residents and visitors of Orlando expect from this transformative endeavor? The project boasts a diverse range of amenities that are set to redefine the Orlando skyline. Here's a glimpse into what's in store:
- A Luxurious Hotel: A 260-room full-service hotel featuring 16,000 square feet of meeting and conference space, catering to both business and leisure travelers.
- Residential Bliss: 270 residential units offering a blend of urban living and convenience, making it an ideal choice for those looking to call downtown Orlando home.
- Class A Office Space: 200,000 square feet of premium Class A office space, catering to businesses seeking a prime location.
- Retail Therapy: The project is also set to include 125,000 square feet of retail space, creating a vibrant shopping destination in the heart of Orlando.
- Live Event Venue: A 3,500-capacity live event venue, perfect for concerts, sports events, and entertainment extravaganzas.
- Urban Town Square: A communal space designed to bring the community together for social events, performances, and more.
- Convenient Parking: Over 1,100 parking spaces to ensure accessibility for everyone.
Transforming Central Florida
JMA Ventures CEO Todd Chapman emphasized the significance of this project for Central Florida: "Central Florida is a fantastic market for this type of mixed-use development, and this project will further energize Downtown Orlando. We look forward to working with the Orlando community to bring the sports and entertainment district to life."
With the project expected to break ground by the end of 2024, the countdown has begun for a transformation that will undoubtedly shape the future of Downtown Orlando and provide an array of exciting opportunities for both residents and visitors.