Pacers President Kevin Pritchard picks up a Florida tear-down with plans to redevelop

Indiana Pacers President Kevin Pritchard has big plans in Florida, where he recently grabbed a waterfront estate in North Bay Village for $1.8 million.

The lot holds a 2,000-square-foot home built in 1951, but Pritchard plans to raze it in favor of a 5,500-square-foot pad with a rooftop deck to take advantage of the Biscayne Bay views.

Modern architect Max Strang is handling the design, which includes five bedrooms, a movie theater, gym and wine cellar. The home will also hold a two-car garage.

The lot holds a 2,000-square-foot home built in 1951, but Pritchard plans to raze it in favor of a 5,500-square-foot pad with a rooftop deck to take advantage of the Biscayne Bay views. (Douglas Elliman Real Estate)

Pritchard, 51, spent four seasons as a player in the NBA before becoming the Portland Trailblazers’ general manager in 2007. Last year, he took over as Pacers president after Larry Bird resigned.

Source Article