Regions Southeast
Design Plans Unveiled for $450M Arts Center in Orlando
Sept 5, 2008

Plans for the development of the Dr. P. Phillips Orlando Performing Arts Center move forward with the unveiling of the design for the 330,000-square-foot project. Working with HKS Inc. and Baker Barrios Architects, Barton Myer and Associates is heading up the design process. Located downtown on land that was acquired from the First United Methodist Church, the arts facility will feature two grand performance halls, including the 1,800-seat Walt Disney World acoustic hall; a 300-seat community theater; an outdoor plaza and performance space; rehearsal rooms; administrative offices; and educational programming space. The project, carrying a development price tag of $450 million, will be funded through private contributions and loans, including an $80 loan from Bank of America that the center secured last December. Hines is overseeing development of the facility, and expects to break ground in 2009 to accommodate an opening in 2012.

 
Recent Southeast Headlines
Flagler Inks Tenant to 240,000-SF Lease at Florida Biz Park
Nov. 20, 2008
Flagler Development Group has signed paper products firm Lagasse Sweet to a 240,000-square-foot lease in a build-to-suit facility at Flagler Station, South Florida’s largest business park.
Miami Worldcenter City Commission OKs Zoning for 25-Acre Miami Worldcenter
Nov. 18, 2008
The Miami City commission has approved special district zoning for Miami Worldcenter, a nine-block mixed-use development situated north of the city's Central Business District. 
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Urdang, a unit of BNY Mellon Asset Management, has announced the $48 million sale of two business centers in suburban Atlanta to CCI-B Marietta L.L.C., a partnership formed by Capital Commercial Investments Inc. The properties total nearly 14 buildings on 48 acres and comprise 620,000 square feet of office, medical, retail and warehouse space.
Channelside Acquires The Place at Channelside in Tampa
Nov. 12, 2008
Cushman & Wakefield announced the sale of the majority of The Place at Channelside, a 245-unit condominium complex in Tampa, Fla.
Freddie Mac Funds $50M for Pair of Alabama M-F Properties
Nov. 11, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. has secured a $50.78 million loan through Freddie Mac for the owners of two Alabama multi-family properties with a total of 792 units.