The Florida Board of Governors has given a green light to University of Central Florida's downtown campus at the Creative Village project.

The 68-acre campus, on the site of the former Amway Arena, is a joint venture that includes University of Central Florida and Valencia College.

The vote was not unanimous -- two governors opposed the project.

"I’m not convinced [there's] sufficient academic demand for a downtown campus,” said board member Dean Colson.

Creative Village is a long-awaited project to create a hub for technology, digital media and creative companies just west of downtown Orlando, the in the area that used to be the Amway Arena, which was imploded in 2012.

The original downtown UCF project had a $135 million pricetag. Officials worked to get the project down to $60 million.

The scaled-down version of the project has no residence hall, but it still has a main academic building.

UCF already has its Center for Emerging Media in the Creative Village area. Last year Gov. Scott rejected funding for the downtown campus.

Since then UCF has collected $16 million from private donations. The school already had $20 million in university funds available for the project.

The Board of Governor's approval should help in convincing Scott to fund the final $20 million.

“While we didn’t have a unanimous vote in favor, it was clear we had an overwhelmingly positive response,” said UCF president Dr. John Hitt.

The UCF campus will be the cornerstone for Creative Village.

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