The updated study indicates the project will generate an average of $32 million in additional annual Tourist Development Tax (TDT) revenues. These resources would support local businesses and enable investment in transportation, workforce housing, public safety, parks, and other community priorities, improving residents\u2019 quality of life.<\/p>\n
Baseball Hall-of-Famer and Orlando Dreamers Major League Baseball Ambassador Barry Larkin emphasized the unique opportunity for the region. \u201cOrange County has a once-in-a-generation opportunity to step up to the plate and attract an MLB franchise,\u201d Larkin said. \u201cThe Dreamers are financially ready from our side, having in place in excess of $2 billion combined for team acquisition and stadium financing. Now we need our local elected officials to make a statement to Major League Baseball that Orlando is ready to be a Major League city.\u201d<\/p>\n
The Dreamers have advanced their stadium design and surrounding development plans over recent months. This includes a 45,000-seat domed stadium on a 35.5-acre site located at the intersection of International Drive and State Road 528. The plans incorporate non-baseball-related events and supplemental construction beyond the stadium.<\/p>\n
Orlando is currently ranked as the 15th-largest media market in the country, having surpassed Miami, Denver, and Minneapolis-St. Paul recently. The area is expected to soon surpass Detroit to become the 14th-largest media market, making it the largest without an MLB team. <\/p>\n
Updated renderings for the proposed state-of-the-art domed stadium will be shared this summer. The Dreamers plan to have a meeting to provide further details to the upcoming Citizen Advisory Task Force on the Tourist Development Tax. The meeting is scheduled for Tuesday, July 21, 2026. <\/p>\n
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