It’s official: City of Orlando approves over $9M in incentives for EA move

The Orlando City Council has approved incentives for Electronic Arts’ move to downtown Orlando from Maitland.

During its Oct. 7 meeting, the council approved $9 million in economic incentives to bring Electronic Arts (Nasdaq:EA) — whose Maitland-based EA Tiburon Inc. is the largest video game studio in Florida — into the $1.5 billion Creative Village mixed-use development, which includes UCF Downtown, the shared campus between the University of Central Florida and Valencia College. As part of the deal, EA would bring roughly 700 high-wage jobs to Creative Village, with a potential for 1,000 total jobs or more in the area by 2025. Read more here.