Orlando Magic Push Forward On $100M Mixed-Use Complex

Law360, Miami (April 22, 2013, 8:02 PM EDT) -- Orlando Magic representatives on Monday told the City Council they want to move forward with plans to develop a $100 million downtown mixed-use complex adjacent to the NBA team's Amway Center, proposing to complete the property purchase from the city by June 3.

Magic CEO Alex Martins and team counsel Greg Lee of Baker Hostetler LLP reported that preliminary studies showed promising demand for the project and said the option, granted by the council in February, to buy the entire city block, including police headquarters, had...
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