Tag: funds


PNC Arena upgrades taxpayers’ funding secured

PNC Arena nearing $300M funding

The Wake County and Raleigh will be sending more than an estimated $450 million in public funds between now and 2045 to upgrade the PNC Arena in Raleigh, North Carolina (US). ‘THE MOUNTAINEER’ stated that it is part of a new 29-year construction agreement on the arena, whose primary tenants are... » Read more


Charlotte Hornets home rejig greenlighted

Charlotte City Council approves budget for renovation of Spectrum Center

The Charlotte City Council approved a deal on June 13th that would renovate the Spectrum Center, build a practice facility for the National Basketball Association (NBA) team Charlotte Hornets and extend the NBA team’s lease in the ‘Queen City’ (read Charlotte, US). Construction is expected to... » Read more


Crown-City Council to fund Christchurch venue

New Zealand Christchurch new stadium funding

The Christchurch City Council in New Zealand and the Crown has agreed to jointly inject funds for a new stadium in the City. Both parties agreed to pump in a total of NZ$473 million towards the cost of building the new venue. The Council has committed $253 million and the Crown $220 million. Early... » Read more


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