The development of large complexes near major sports venues has proven to be a resounding success. With the inclusion of bars, restaurants, retail shops and apartments, these developments have become a staple around more than a dozen professional sports arenas and stadiums. Raleigh is eager to join in on this trend.
Recently, the city received an application for rezoning in order to establish the Raleigh Sports and Entertainment District. This ambitious $1 billion plan is spearheaded by Tom Dundon, owner of the Carolina Hurricanes hockey team. According to reports from The Raleigh Business Journal, this proposal outlines four subdistricts within close proximity to the former PNC Arena site that will include 4,000 residential units and up to 3 million square feet of non-residential space such as hotels. The buildings are proposed with heights reaching up to 40 stories along with parking decks for convenience purposes as well as open spaces for recreational activities including dining options that will enhance tailgating experiences.
One particular subdistrict known as “Entertainment” covers approximately 27 acres situated between Lenovo Center and Carter-Finley Stadium while another area spanning across 12 acres along Edwards Mill Road seeks approval for building heights up to forty stories through rezoning efforts.
Gale Force Sports & Entertainment – parent company behind Carolina Hurricanes – leads this project towards its completion.
The post highlights how Hurricane’s owner Tom Dundon plans on developing a $1 billion entertainment district around PNC Arena in Raleigh similar successful projects adjacent major sporting venues elsewhere which comprise bars eateries retail stores apartments etcetera . In response ,the city has received an application seeking permission (rezoning)to build what would be called ‘Raleigh Sport & Entertainement District’.This massive undertaking includes four different areas each having over three thousand houses plus commercial properties like hotels .In addition there’ll also be parking lots green spaces where people can enjoy various forms recreation dine out or simply relax.The most striking feature of this proposal is that some buildings will be as tall as forty stories .The ‘Entertainment’ subdistrict covers twenty seven acres and lies between Lenovo Center Carter-Finley Stadium while the other twelve acre area along Edwards Mill Road seeks approval for similar building heights. The project is being spearheaded by Gale Force Sports & Entertainment – parent company behind Carolina Hurricanes.
