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Charlotte Proposes $275 Million in Arena Upgrades and New Construction To Keep NBA’s Hornets

City-Owned Spectrum Center Slated for Renovation if Council Approves Plan
Charlotte, North Carolina, proposed a $275 renovation for Spectrum Center, which serves as home to the NBA's Hornets. (City of Charlotte)
Charlotte, North Carolina, proposed a $275 renovation for Spectrum Center, which serves as home to the NBA's Hornets. (City of Charlotte)
CoStar News
June 1, 2022 | 9:25 P.M.

The city of Charlotte, North Carolina, has proposed spending $275 million to renovate its professional basketball team’s downtown arena and build a new team practice facility in what it hopes is a move that will keep the Charlotte Hornets from moving out of town.

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