CHARLOTTE — Whereas town of Charlotte continues to be weighing spending a whole bunch of thousands and thousands to renovate Financial institution of America Stadium, metropolis leaders are wanting on the subsequent step a couple of a long time down the road: a brand new stadium for the Carolina Panthers.
Channel 9′s Joe Bruno received the agenda for Monday’s Charlotte Metropolis Council assembly, which says town is eyeing 2046 for a brand new stadium for the Panthers and Charlotte FC.
Quarterback Bryce Younger shall be 44 when that rolls round, if he’s nonetheless within the NFL and with the Panthers.
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Based on the agenda, town will begin negotiating with Tepper Sports activities & Leisure by April 1, 2037.
The brand new stadium could be positioned inside town, the proposal says.
A brand new funding supply could also be crucial for the brand new stadium, based on the deal. That would imply funding from the state, a supply within the metropolis instructed Bruno. The town says it would negotiate using hospitality funds for research and evaluation relating to a brand new stadium.
This information comes simply earlier than the council is about to vote on a $650 million proposal to improve Financial institution of America stadium with new concourses, seats, and a “park-like ambiance” exterior of the stadium.
[ RELATED: Council members push for public hearing on stadium upgrades ]
At this cut-off date, it’s not clear how a lot a brand new stadium would price, or how a lot town would look to speculate into the undertaking.
It’s additionally not identified if the brand new stadium would retain the Financial institution of America identify – the phrases of TSE’s present naming rights take care of Financial institution of America aren’t public.
A metropolis of Charlotte supply instructed Bruno it is a protecting and forecasting measure that places a strict timeline in place for when a brand new stadium dialogue can begin. The town had the same timeline in place for the Hornets. Negotiations on renovations to Spectrum Heart weren’t capable of start till 2019.
By 2046, Financial institution of America Stadium shall be greater than 50 years outdated. Having this timeline in place will dictate the timeline for future metropolis staffers, Tepper Sports activities staffers, and Charlotte Metropolis Councilmembers, our supply stated.
Channel 9 is engaged on getting remark from Tepper Sports activities & Leisure.
It is a growing story, verify again for updates.
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