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ARSEN

I bet the dome is coming within 5 years...

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Charlotte Pipe and Foundry is looking for new location in South Carolina and they will put their current land up for sale.  They are down to 2 locations so their search should be coming to an end soon.  They currently own 55 acres right beside Panthers stadium (Panthers stadium sits on only 25 acres).  When land becomes available, expect Tepper to move fast.  I believe this is one of the reasons he’s rushing with MLS franchise.

 

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Tepper with 80 acres in downtown Charlotte. cant wait to see this. 

 

I refuse to call it uptown. 

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10 minutes ago, Squirrel said:

Tepper with 80 acres in downtown Charlotte. cant wait to see this. 

 

I refuse to call it uptown. 

88 acres.  Don’t forget practice fields :)

Edited by ARSEN

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Getting the land is only a very small part of the equation. Convincing Charlotte to pony up half a billion on a new stadium after sinking 150 million into BOA is a big sell.

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The deal has been done for while with Charlotte Pipe....I bought real estate back there after hearing about it 2 months ago.  But it’s a 10 year project....lot of cleanup needed for that land.   And they will keep the current stadium as a multi use stadium and have a land bridge connecting the two stadiums. 

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Just now, panthers55 said:

Getting the land is only a very small part of the equation. Convincing Charlotte to pony up half a billion on a new stadium after sinking 150 million into BOA is a big sell.

He wants to tax hotels in Charlotte so basically people from other states will pay.  Will have minimal impact on locals.

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Just now, RumHam said:

Its gonna be in SC

Negative.  Tepper wants it in uptown.  The only issue was land... now he will have almost 90 acres.

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1 minute ago, ARSEN said:

He wants to tax hotels in Charlotte so basically people from other states will pay.  Will have minimal impact on locals.

Yeah that is the theory to make folks happy but he city or county or whoever have to take out bonds to pay it up front and hope to pay it off with increased taxes. But they are on the hook for the money no matter what. 

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1 minute ago, panthers55 said:

Yeah that is the theory to make folks happy but he city or county or whoever have to take out bonds to pay it up front and hope to pay it off with increased taxes. But they are on the hook for the money no matter what. 

Charlotte will pay up... no one else in Carolinas can plus they just signed deal with Rock Hill so they can’t wonder too far.

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3 minutes ago, ARSEN said:

Charlotte will pay up... no one else in Carolinas can plus they just signed deal with Rock Hill so they can’t wonder too far.

Put a retractable roof on BOA and call it done.

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4 minutes ago, ARSEN said:

Charlotte will pay up... no one else in Carolinas can plus they just signed deal with Rock Hill so they can’t wonder too far.

The City has seen the writing on the wall and there are only a few decision makers that oppose it. They know what a new stadium could bring to the city.

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3 minutes ago, Panthercougar68 said:

The City has seen the writing on the wall and there are only a few decision makers that oppose it. They know what a new stadium could bring to the city.

A new done won't bring in more money than BOA with a retractable roof but will likely cost 350 million more to build. It will make Tepper richer but the city would get the same either way.

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Just now, panthers55 said:

A new done won't bring in more money than BOA with a retractable roof but will likely cost 350 million more to build. It will make Tepper richer but the city would get the same either way.

Do you really want to spend $500MM on new roof for 30 year old stadium instead of building brand new stadium for $1.5B?

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