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Central Plaza plans called off

Plans for a movie studio and amusement park in Central Plaza are off, an Orlando businessman said Wednesday. Larry D. Faw, president and chairman of a company that wanted to construct the $43-million Studio City project, said city staffers had shown his company the "cold shoulder" in the past nine months and didn't seem interested in boosting development in the Central Plaza area, near 34th Street and Central Avenue. "They want development on the bayfront," Faw said. "They do not want to do anything in the Central Plaza area." Most recently, Mayor David Fischer declined to sign a co-guarantee of a $20-million lease agreement on the project. If the project failed, that could have obligated the city for some $43-million in a 30-year period, said Tony Collins, the city's director of housing and economic development. "The only thing the city was uncomfortable with was the guarantee," he said. "Apparently it was the crux of the deal or we'd still be talking."

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