on January 29, 1989, with a ribbon cutting ceremony and public open house featuring the Orlando Magic Dancers and Curly Neal. In 1991, the facility was voted "Arena of the Year" by Performance Magazine. It was also nominated for "Best Indoor Concert Venue" in the Pollstar Concert Industry Awards. The arena's design provided for an intimate atmosphere. Spectators in the upper bowl were still relatively close to the floor due to the number of seats in the lower and upper bowls being split almost 50/50, with the luxury suites near the ceiling. The arena originally seated 15,291 but all the original seats were replaced with narrower ones between 1994 and 1995, increasing capacity by over 2,000 to 17,519. Naming During its entire lifetime, the arena was colloquially known by the nickname of "The O-Rena". It was officially named Orlando Arena, then TD Waterhouse Centre, and finally Amway Arena. After considering several names, including Frederick Arena (suggested by Magic general manager Pat Williams), MagicDome, Quest, Apex and Centrum, then-Orlando Mayor Bill Frederick decided to name the building Orlando Arena in 1988. It was the city's first choice. The city agreed to allow the Magic to sell the naming rights of the arena in November 1998. It was part of a five-year extension of the team's lease on the building. The search for a corporate sponsor began immediately, and speculation began that Amway would be chosen due to the fact that Magic owner DeVos co-founded it. However, in 1999, TD Waterhouse, a division of Canadian finance company Toronto Dominion, purchased the naming rights at a cost of $7.8 million for five years. The building was then renamed to TD Waterhouse Centre. The naming rights with TD Waterhouse expired on November 30, 2006, and the financial company which bought TD Waterhouse's U.S. operations earlier in the year chose not to renew them. The venue was briefly known as "The arena in Orlando" before a new naming rights contract was signed, a period of approximately one week. On December 7, 2006, it was announced that Amway would become the new sponsor at a cost of $1.5 million over 4 years, or $375,000 a year, renaming the building as Amway Arena. As part of the deal, Amway received an initial exclusive option to negotiate for the right to name Orlando's new arena, which had just been announced. The new arena would go on to be