Panthers, city seek $800M stadium renovation deal to keep team in Charlotte for 20 years

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Charlotte News

Carolina Panthers,David Tepper,General News

The Carolina Panthers and the City of Charlotte have proposed a partnership deal that would include an $800 million renovation to Bank of America Stadium and keep the NFL team here for 20 years. The renovation would include a fixed $650 million investment from the city and another $150 million from Panthers owner David Tepper.

FILE - Bank of America stadium is shown during an NFL football game in Charlotte, N.C., Sept. 13, 2009. The Carolina Panthers and the City of Charlotte have proposed a partnership for a long-term agreement that would renovate Bank of America Stadium and keep the NFL team in North Carolina for the foreseeable future. CHARLOTTE, N.C.

“Bank of America Stadium has been a special place for our Panthers, and now Charlotte FC, fans for nearly 30 years,” Panthers team president Kristi Coleman said in the release. “While Bank of America Stadium has solid infrastructure, investments are needed to ensure that our decades-old venue continues to deliver the best experience for our players, fans, and community.”

“This renovation is about modernizing the stadium to deliver elevated experiences while preserving the overall character and location that fans have known and loved for decades,” Coleman said.The enhancements will include upgraded video and audio systems, modernized infrastructure, redesigned concourses, unique social areas with skyline views, and exterior spaces for community gatherings and programming.

The south lawn pavilion area would be reimagined as a community gathering spot and outdoor classroom on game days and non-event days.

 

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