I’m more worried about the government more than the stadium for MLB since they pretty much have 2 sites zeros down for it. Its more for me about me about the funding, the woke mob, and government changes in the next few years. Obviously our hotel and tourism tax doesn’t generate a lot of money as much as $659 million so i’m more worried about funding and government than everything else. @Loup20
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For every market, those are going to be major concerns. The markets that navigate them the best will likely be the ones that land the 2 franchises.
I think the things that we have going for us are that we have strong stadium location options, we have a strong appetite from all levels of government, there was almost zero pushback to the big PNC development deal, and we have Tom Dundon leading the ownership group (who has a known track record for owning a successful sports franchise, and is locked in locally for 20 years).
For a market that had zero movement just 5 years ago, we’ve gotten to a point where we are a legitimate candidate and there is lots of work being done behind the scenes to make this a reality. So there are a lot of positives right now, and I’m feeling very optimistic about where we’re at (esp when compared to other markets vying for a franchise)…but still, a lot of work needs to be done.
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I don’t think that we can underestimate the rapid growth of the Triangle either. By the time a team could actually land in the Triangle, our CSA could easily be sitting north of 2.6 or 2.7M people.
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The U.S. Olympic Swim Team will attend Pre-Paris camp from July 2-11 in Raleigh (probably at NC State) 
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They will be at TAC in Cary.
You can attend a $$$$$ fundraiser where you can watch a practice session.
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Yeah originally I thought they’d be in Cary, idk why I changed it to NC State lol
RALEIGH, N.C. – Tom Dundon, Owner and Governor of the National Hockey League’s Carolina Hurricanes, and the Centennial Authority today announced that the Centennial Authority has approved a development agreement for construction of a multi-phase, mixed-use district around PNC Arena. Additionally, the Hurricanes’ lease extension has been approved and signed by the Centennial Authority, officially keeping the team at PNC Arena through at least the 2043-44 NHL season. The signing of the lease extension jumpstarts the $300 million arena enhancement project that will begin construction in 2025, upgrading the 25-year-old arena for Hurricanes and NC State fans.
“We are thrilled to begin the transformation of the 80-acre campus around the arena,” said Dundon. “The expansion of our dynamic sports and entertainment offerings beyond the walls of the arena will provide fans with a world-class experience. This long-term initiative will help drive sustained growth in our community and would not be possible without the collaborative efforts of the Centennial Authority, NC State, Wake County and the City of Raleigh.”
“For 25 years, fans of all stripes have experienced unbridled joy inside PNC Arena. Their loyalty to their teams and entertainers – and to this region – turned PNC Arena into an economic juggernaut. Today, we finalized a lease extension and development agreement to repay that loyalty by delivering an entertainment complex befitting our region’s national profile and the NC State and Hurricanes’ fans who live here,” said Philip Isley, Chairman of the Centennial Authority. “Many people spent years working on this vision that we have now achieved, and I’m deeply grateful for their professionalism and determination. Millions of fans will enjoy the product of that dedication for many years to come.”
Development of the mixed-use district around the arena will be led by Gale Force Sports and Entertainment’s real estate affiliate Pacific Elm Properties, a Dallas-based company majority owned by Dundon Capital Partners. Phase one of development will include over 200,000 square feet of entertainment and lifestyle retail, a 150-key hotel, more than 500 apartments (10% of which will be affordable housing at not more than 80% of area median income levels) and 150,000 square feet of office space. Phase one, fulfilling $200 million of the total $800-plus million investment outlined in the agreement, anticipates completion in 2030.
A new 4,300-seat ballroom, operated by Live Nation, will bring additional music and entertainment offerings to the mixed-use district. Live Nation is designing a venue that will serve as a community asset and host a wide range of events including concerts, comedy, community events, corporate meetings, special events, and more.
The district will feature a variety of food and beverage offerings, along with multiple parks, plazas and promenades. Visitors to the district will enjoy easy and convenient parking, as well as direct walking access to all games and events at PNC Arena and Carter-Finley Stadium. The district will also feature a dedicated tailgating area that will provide one of the most unique game day experiences in sports for Hurricanes and NC State fans.
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Exciting stuff. This development deserves it’s own thread. @dtraleigh
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Looking forward to this! I assume construction will start after the NHL season ends in 2025. Have they said where the team will play? I can’t imagine they’ll be able to play in PNC for a year or more.
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I thought this was announced some months ago. Maybe it’s officially official now.
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The official approval from the Centennial Authority was today.
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This is development around the arena. No impact on events inside.
This is great so now we move focus to baseball.
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To add to this, the money for improvements to the actual PNC arena/parking is the city provided tax money. That project is also supposed to start summer 2025 but will take a few summers to complete piece by piece. No plans for it to affect the Canes.
With this news today, should be a busy construction site the next 2 or 3 summers!
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More walkable lunch options for us in Wade Park can’t come soon enough!!
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That’s about as bad as it gets for click bait.
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Let’s wait until it actually starts, shall we? 
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Yep, but it looks as this is done deal. Now we focus on Major Laegue Baseball because Dundon might have to ask for more bread on that front.
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Now goes the debate whether Tom Dundon should get money for MLB which I believe he will, I think public-private partnership will work. Hopefully the tourism/sales tax will provide for the public portion of that stadium for the public/private relationship. @Loup20
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