Creative Village Opens First Phase With The Beacon In Downtown Orlando
Downtown Orlando’s 68-acre Creative Village redevelopment reached a milestone on Tuesday afternoon with the grand opening of The Beacon, a new five-story affordable housing complex that adds 115 apartments to the neighborhood, WKMG ClickOrlando reported. The building features studio, one-bedroom, and two-bedroom units designated for income-qualifying households, with 62 apartments already rented as of opening day.
The project sits on land once occupied by the Amway Arena, which was demolished on March 25, 2012, to spark urban renewal.
Interstate 4 Severed Parramore from Downtown Orlando
The Creative Village footprint lies directly inside Parramore, a historically Black neighborhood shaped by segregation. In 1962, the construction of Interstate 4 physically severed Parramore from the rest of downtown Orlando, dividing the community from the commercial core.
Orange County Commissioner Mike Scott described the modern transformation of the area as a significant urban shift. “It’s like a metamorphosis,” Scott said, characterizing the regional changes as an indicator of community growth and maturity.
Most Parramore Residents Rely on Walking or Biking
Part of the larger vision for the area is making Parramore and downtown Orlando more walkable and better connected. Local leaders emphasize that infrastructure improvements remain critical for residents who rely primarily on active transportation rather than motor vehicles.
Orlando Commissioner Shan Rose noted that approximately 60% of residents in the community lack personal regional transportation and depend on walking or biking to get around the city. Planners intend for future phases of the project to build on these accessibility goals.
Future Development Phases At Creative Village
Orlando Mayor Buddy Dyer announced that the second phase of the Creative Village project is expected to get underway by the end of the year. That upcoming phase will introduce additional office space, more housing options, and expanded opportunities for downtown residents.
The demolition of the old Amway Arena served as the catalyst for the entire redevelopment initiative, providing vacant acreage for mixed-use projects designed to blend higher education, green spaces, and affordable residential options into the urban core.

Frequently Asked Questions About Creative Village And The Beacon
Who qualifies for an apartment at The Beacon?
The Beacon provides studio, one-bedroom, and two-bedroom apartments specifically targeted toward income-qualifying households in downtown Orlando.
What is located on the former Amway Arena site?
The 68-acre site where the Amway Arena once stood now houses the Creative Village development, including the UCF and Valencia College downtown campus, Luminary Green Park, and the newly opened Beacon affordable housing complex.
When did the Amway Arena demolition take place?
The old Amway Arena was demolished on March 25, 2012, clearing the way for the ongoing multi-phase redevelopment of the downtown property.
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