Orlando Greenlights $500M Entertainment District

The City of Orlando has given final approval to the sports and entertainment district to be developed on the 8.5-acre block adjacent to the Kia Center in downtown Orlando.

SED Development, JMA Ventures, and Machete Group are the three joint venture partners helming the project.

Construction of the $500 million, 900,000-square-foot mixed-use project, to be called Westcourt, is set to break ground in late 2024.

The project will feature 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.

The sports and entertainment district is scheduled for completion by March 2027 and is projected to create 3,400 jobs. It is located directly north of the Kia Center and is bounded by W. Church Street, Division Avenue, W. Central Boulevard, and S. Hughey Avenue.

Source:  ConnectCRE