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PNC Arena Could Contribute Billions to Raleigh Economy in Next Five Years

Study Shows Promotion and Real Estate Are Among Industries Receiving Most Benefit
PNC Arena hosts 120 major events per year, including Carolina Hurricanes games. (Nick Leverett/CoStar)
PNC Arena hosts 120 major events per year, including Carolina Hurricanes games. (Nick Leverett/CoStar)
CoStar Analytics
February 13, 2024 | 9:18 P.M.

Raleigh, North Carolina's PNC Arena produced over $590 million in economic impact to Wake County over the past year and could generate $3.1 billion over the next five years as ownership prepares to carry out an extensive renovation to the complex and build out what it has called a "transformational" sports and entertainment district around the arena.

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