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. Tepper has already invested more than $117 million in the stadium prior to June and would also pay another $421 million in potential overages for capital improvements over the term of the deal, the team said Monday in a news release. The city’s investment does not require any new or increased taxes.
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. Other important elements include new seating installed throughout the bowl, improved accessibility throughout the facility, designed and constructed in a way that allows individuals with a range of disabilities to have access without barriers. Restrooms would also be upgraded.
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