Overview
- Mayor Buddy Dyer unveiled the plan at the State of Downtown event, framing the 20-acre parcel at Orange Avenue and Colonial Drive as a catalyst for downtown.
- Midtown Development said it has a commitment from Heatherwick Studio, whose event video described thousands of new homes, dozens of businesses, and a signature gathering space.
- A city spokeswoman said demolition and site preparation are anticipated in 2026, with coverage citing an estimated $2 billion redevelopment.
- The project remains conceptual with no formal filings or entitlements reported, and full buildout could take up to 20 years.
- The property was sold in 2016 for about $35.1 million, vacated by the Orlando Sentinel in 2020, and a 2020 unpaid-rent lawsuit by the owner was later dropped.