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A proposed music venue beside Bank of America Stadium has landed a major new partner, Tepper Sports & Entertainment officials said Thursday.
Tepper will team with Live Nation, which bills itself as the world’s leading live entertainment company. The privately funded venue will seat 4,400 people. Live Nation includes Ticketmaster, Live Nation Concerts and Live Nation Sponsorship.
“With Live Nation’s deep industry insight, the venue is set to bring in the kinds of shows and live experiences that expand Charlotte’s entertainment offerings, contribute to economic growth and transform this corridor into a weekend destination district,” Kristi Coleman, Tepper Sports & Entertainment chief executive officer, said in a statement.
Blueprint Studio, Live Nation’s in-house design and development group, will lead the project on 2 acres in Charlotte’s Third Ward neighborhood.
City Council voted unanimously on Monday to amend its ground lease agreement with Tepper Sports and Entertainment to include terms for the venue.
The venue supports a broader $1.7 billion effort from the city to transform aging spaces in uptown, midtown and South End and turn a business-centric district into a destination district, The Charlotte Observer reported.
In June 2024, the city approved Tepper Sports’ request to spend $650 million to upgrade the stadium and help fund a new field house.
Construction of the music venue is expected to coincide with the stadium renovation, officials said Thursday.
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Joe Marusak
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