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.
