Magic hope to start work on facility in June
The Magic filed plans with the city last week seeking approvals for the team’s $70 million practice facility with the hope of starting construction in June.
The plans call for a 100,000-square-foot facility plus a 30,000-square-foot orthopedic and sports medicine clinic operated by the team’s longtime medical partner.
The Magic won approval from the Orlando City Council in February to buy a 2.58-acre cityowned lot across from the Amway Center and next to the future Sports+Entertainment District. The team had quietly purchased an adjacent 1.2 acre vacant lot a year earlier for $2.24 million.
Now the team is seeking a courtesy and final review from the city’s Appearance Review Board and Master Plan approval from the Municipal Planning Board in May to meet the expedited timeline set forth in the city agreement. The anticipated completion date for the project is September 2021.
“This is the next step in the process as we provide a privately funded facility which will serve our basketball operations, while providing health and wellness services in our community,” team spokesman Joel Glass said. “We look forward to working with local sub-contractors on the project.“
In addition to new practice courts, the building will include expanded strength and conditioning, training and recovery facilities; an aquatic area; physical therapy areas and hydrotherapy pools; sports science and nutrition facilities; and workspace for the team’s staffs.
Whether the team can meet its deadline to have the facility ready in time for the 2021 season remains a question, since city advisory board meetings have been canceled since mid-March because of the COVID-19 pandemic.
City spokeswoman Karyn Barber told GrowthSpotter the city is working to move those meetings to virtual platforms, so it’s possible the MPB and ARB could offer the review in May.
Hotel and restaurant planned in Lake Mary
An Orlandobased wants to develop a new hotel and standalone restaurant next to a planned Topgolf facility in Lake Mary.
The company
3.7-acre site on entity by tied videoconferencing to purchased the the northwest corner of Greenwood Boulevard and Lake Emma Road last summer for $2.1 million from Atlanta-based real estate investor and developer
According to a permit recently filed in the St. Johns River Water Management District, Jasmin Hospitality has plans to develop a 127-room hotel and 4,200-square-foot restaurant.
According to submitted plans, Jasmin Hospitality wants to develop a 20,830-square-foot hotel and stand-alone restaurant that support up to 82 seats. Plans for the adjacent Top Golf facility include a three-story venue with more than 460 parking spaces.
Park Square confirms Publix deal
Park Square Commercial has a signed lease with Publix and will start construction in July on a new grocery-anchored retail center to serve the fast-growing ChampionsGate submarket.
Park Square CEO Suresh Gupta told GrowthSpotter construction is scheduled to begin in July. The project at the corner of U.S. Highway 27 and Bella Citta Boulevard has been in the works for years.
It’s the last phase of Park Square’s Champions Plaza mixed-use development, which also includes a luxury apartment community and an extendedstay hotel.