In addition, the city will be paid a part of naming rights and corporate suite sales, a share estimated to be worth $1.75 million the first year of the arena's opening. In the agreement, the City of Orlando will take ownership of the new arena, while the Magic will control the planning and construction of the facility so long as contracting procedures are done in the same public manner as governments advertise contracts. The details of the agreement were finalized on December 22, 2006. Financing Amway Center in its basketball-venue arrangement after hosting its first NBA regular season game When it was announced in the media on September 29, it was referred to as the "Triple Crown for Downtown".Īs part of Amway's naming rights to the old Amway Arena, the company received right of first refusal for naming rights to the new venue, and exercised those rights, announcing a $40-million naming deal to name the venue the Amway Center on August 3, 2009. It is part of a $1.05-billion plan to redo the Orlando Centroplex with a new arena, a new $375-million performing arts center, and a $175-million expansion of the Citrus Bowl. The arena itself cost around $380 million, with an additional $100 million for land and infrastructure, for a total cost of $480 million (as of Mathe arena was expected to be within $10 million of the estimated cost ). On September 29, 2006, after years of on-and-off negotiations, Orlando Mayor Buddy Dyer, Orange County Mayor Richard Crotty, and the Orlando Magic announced an agreement on a new arena in downtown Orlando, located at the southwest corner of Church Street and Hughey Avenue. With the rush to build new venues in the NBA (and sports in general), it quickly became one of the oldest arenas in the league. Amway Arena was built in 1989, prior to the recent era of technologically advanced entertainment arenas. Prior to Downtown Master Plan 3, the Orlando Magic's ownership, led by billionaire Amway founder Richard DeVos and son-in-law Bob Vander Weide, had been pressing the City of Orlando for a new arena for nearly ten years. Petersburg, Florida due to the start of the 2020–21 ECHL and NBA seasons. The promotion relocated to Tropicana Field in St. During this residency, WWE aired its shows from a behind closed doors set called the WWE ThunderDome. Due to the COVID-19 pandemic, the promotion took a long-term residency at the Amway Center from August 21–December 7, 2020. The arena has also hosted several local graduations, as well as professional wrestling events by the professional wrestling promotion WWE, notably the 2016 Royal Rumble pay-per-view. On January 14, 2013, the Arena Football League's Board of Directors voted to award ArenaBowl XXVI to Orlando in the summer of 2013. It also hosted some games of the round of 64 and round of 32 of the NCAA Division I Men's Basketball Tournament in 20. The arena is home to the Orlando Magic of the NBA, the Orlando Solar Bears of the ECHL, and the Orlando Predators of the National Arena League.Īmway Center hosted the 2012 NBA All-Star Game and the 2015 ECHL All-Star Game. Orlando Predators ( NAL/ AFL) (2019–present)Īmway Center is an indoor arena located in Downtown Orlando, Florida. Orlando Solar Bears ( ECHL) (2012–present) Location in the United States Show map of the United States
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