Tepper Sports & Entertainment has unveiled renovation plans for Bank of America Stadium. The upgrades include:
- Perimeter with a park-like setting and exterior video boards for watch parties.
- New state-of-the-art sound system, scoreboard, and video boards.
- Social areas with skyline views.
- Brand-new seats installed throughout the bowl.
- A reimagined South Lawn Pavilion area that can be used as a community gathering spot and outdoor classroom on game days and non-event days.
- Upgraded restrooms throughout the stadium for better sustainability, accessibility and speed of service.
“Bank of America Stadium has been a special place for our Panthers, and now Charlotte FC, fans for nearly 30 years,” said Kristi Coleman, Carolina Panthers team president. “While Bank of America Stadium has solid infrastructure, investments are needed to ensure that our decades-old venue continues to deliver the best experience for our players, fans, and community.”
According to a team release the cost of the renovations would be in excess of $1.3 billion, with $650 million from the the City of Charlotte through existing hospitality and tourism tax resources, and the remaining funded by Tepper Sports & Entertainment (including $117 million that was invested prior to June 2024 and an estimated $571 million ($150 million towards the renovation plus potential overages, and an estimated $421 million for capital improvements over the term of the deal)).
Members of Charlotte City Council will have to approve the use of city funds for the renovation project – a process that will begin in the coming weeks.