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Magic get new arena under funding deal

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  • Author

I don't see how they will come up for the almost one billion dollars between all three projects.

 

The projects were made possible by a recently approved penny-on-the-dollar increase in Orange County's hotel bed tax. The Magic arena will run $480 million -- with the team on the hook for overruns and some $200 million in costs -- while the new performing arts center will cost $389 million.

 

http://cbs.sportsline.com/nba/story/9694312

Very awesome. Now we just need the state to give the Marlins some money.

 

I can't wait to go see the Magic play in that thing. It'll be nice seeing the Twin Towers dominate in that building.

Before reading the article, where is the location going to be? The downtown Orlando area is already too packed, IMO.

  • Author

Before reading the article, where is the location going to be? The downtown Orlando area is already too packed, IMO.

 

It looks like downtown is it. They considered I-drive because it is less expensive but that seems to have just driven them to get downtown to work. Hopefully they figure out a way to make it work now.

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