The Majesty Building is an incomplete 18-story office building in
Altamonte Springs,
Florida
Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic ...
. The structure is being constructed by the religious broadcaster Associated Christian Television System, owner of the
SuperChannel 55 television station. If completed, it would be the tallest building in
Seminole County.
Construction of the building began in May 2001 with a planned completion date of February 2003.
However, due to funding issues and the owner's desire to avoid
debt financing
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local government, company, or an individual. Commer ...
, the building was never fully completed. Construction has continued sporadically, but there is no planned completion date.
Due to its proximity to
Interstate 4
Interstate 4 (I-4) is an Interstate Highway System, Interstate Highway located entirely within the US state of Florida, maintained by the Florida Department of Transportation (FDOT). Spanning along a generally southwest–northeast axis ...
and towering appearance, the building is widely known as the I-4 Eyesore or Eyesore on I-4.
History
The building was commissioned by Claud Bowers,
CEO
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
of the religious independent TV station
SuperChannel 55 (WACX). The building would hold WACX's headquarters and broadcast studios, as well as leasable office, retail, and conference space. The project was estimated to cost $40 million, which Bowers planned to raise without taking on debt.
Construction began in May 2001. However, in October 2002, construction was halted due to a lack of funds. A fundraiser for WACX stated that the building would be continued in stages as more money was raised. At the time, only a 14-story concrete frame had been completed. In 2005, glass panels were installed on the sides of the frame.
In 2010, Bowers announced plans to open the tower in 2012, but this did not occur.
Construction resumed in 2018, which led to the completion of the glass shell, the structure's five-story
parking garage
A multistorey car park (Commonwealth English) or parking garage (American English), also called a multistorey, parking building, parking structure, parkade (Canadian), parking ramp, parking deck, or indoor parking, is a building designed fo ...
,
and some interior lighting.
See also
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References
Buildings and structures in Seminole County, Florida
Office buildings in Florida
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