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Backstreet Boys Founder Plans $12M Renovation

ORLANDO-Louis J. Pearlman will be moving 600 employees in first quarter 2004 from his International Drive headquarters to a 136,000-sf structure at the eight-building, 7.3-acre Downtown site currently under redevelopment.

By Alex Finkelstein | Updated on February 12, 2003

ORLANDO-The city of Orlando and Downtown commercial real estate investors will be watching closely next month as international entertainment entrepreneur Louis J. Pearlman starts a planned $12 million renovation on the almost-orphaned eight-building, 7.3-acre, 28-year-old Church Street Station.

The 48-year-old founder-developer-coach of the bands Backstreet Boys and ‘N Sync plans to move his 600-person headquarters staff at Trans Continental Entertainment Group from tourist-oriented International Drive to the 136,000-sf, three-story Church Street Exchange. The former festival-themed shopping site is located within the Church Street Station complex at Garland Avenue and Pine Street.

Pearlman announced at a news conference he is negotiating with the city for a $1.5 million loan to help with the planned renovations. Orlando Mayor Glenda Hood and her council members are considering giving Pearlman economic incentives if he follows through on his new construction plans.

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