Coming Soon: The New Headquarters of Hockey
It’s a great day to be a hockey fan in North Carolina! All critical parties agreed to move towards constructing a multi-phase development that will offer housing, retail, office, hotel, and entertainment options around PNC Arena, home to the NHL Carolina Hurricanes and the NC State Men’s Basketball team.
“Centennial Authority has approved a development agreement for construction of a multi-phase, mixed-use district around PNC Arena. Additionally, the Hurricanes’ lease extension has been approved and signed by the Centennial Authority, officially keeping the team at PNC Arena through at least the 2043-44 NHL season. The signing of the lease extension jumpstarts the $300 million arena enhancement project that will begin construction in 2025, upgrading the 25-year-old arena for Hurricanes and NC State fans.”
Tom Dundon, owner of the Carolina Hurricanes since 2018, is the sole owner of the Hurricanes franchise and has substantial operations rights to PNC Arena. His vision for the team, program, and arena has significantly impacted Raleigh’s tourism industry and travel to North Carolina.
““We are thrilled to begin the transformation of the 80-acre campus around the arena,” said Dundon. “The expansion of our dynamic sports and entertainment offerings beyond the walls of the arena will provide fans with a world-class experience. This long-term initiative will help drive sustained growth in our community and would not be possible without the collaborative efforts of the Centennial Authority, NC State, Wake County and the City of Raleigh.””
Ready or not, Raleigh will soon be the headquarters of hockey!
#Canes #LetsGoCanes