Charlotte City Council will vote tonight on whether to contribute $650 million toward renovations at Bank of America Stadium.
The decision has sparked differing opinions among Charlotteans. Some view the stadium transformation as a good community investment, while others believe the money could be better spent elsewhere or that Panthers’ owner David Tepper should fund the improvements himself.
Charlotte city council will vote on Panthers’ stadium renovation plan tonight, three weeks after the project – w/ more than a half-billion public dollars – was unveiled.
The stadium needs a refresh. But the process feels like a hurry-up offense. https://t.co/Vs3DggIFKi— Joe Person (@josephperson) June 24, 2024
The stadium, nearly 30 years old, is set for revitalization by Tepper, who owns the Carolina Panthers and Charlotte FC. The tentative agreement requires Tepper to provide $150 million upfront, with promises to invest hundreds of millions more over the next several years.
If approved, funding would come from the city’s Convention Center Fund, raised through a one-percent tax on restaurant tabs and hotel stays.
The new Bank of America Stadium would feature:
- A park-like setting and exterior video boards for watch parties.
- A new sound system, scoreboard, and video boards.
- Social areas with skyline views and improved concessions.
- Expanded Team Store for Panthers and Charlotte FC fans.
- New seats and upgraded restrooms.
- Improved accessibility for individuals with disabilities.
- Enhanced safety and security features, including better lighting.
- Redesigned South Lawn Pavilion for community use.
- Modernized building systems to reduce environmental impact.
What do you think about the plans?
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