Mar 5, 2024 - News

🏀 Developing a district

Uptown facing Spectrum Center.

The proposed site for the Charlotte Hornets' new practice facility. Photo: Ashley Mahoney/Axios

City leaders discussed new plans for a standalone Charlotte Hornets practice center on Monday.

Why it matters: Charlotte officials envision ultimately creating a thriving district along Trade Street, including the arena, a new transit center and new practice facility.

Zoom in: Future development could include a hotel or "something that activates Trade Street," assistant city manager Tracy Dodson said.

  • The Hornets would have a five-year option to develop the full lot, or it would revert back to the city, Dodson said.
  • The team would own the proposed new practice facility, which would be larger since it uses 60% of the lot rather than 50%. It will replace the current practice facility at Spectrum Center that faces 5th Street.

By the numbers: The Hornets' new ownership group is looking to invest $70 million to $100 million in the new practice facility.

What they're saying: Councilmember Malcolm Graham said he is "skeptical" of the district idea.

What's next: A vote on the plan is expected as early as March 25.

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