Ran across this and figured it has some significance due to local soccer stadium discussion as part of MAPS. This is quote a bit more aggressive though:
North Carolina FC, Kane Realty Propose $2 Billion Downtown Raleigh Development
By USLChampionship.com Staff, 06/25/19, 10:39AM EDT
STADIUM AND MIXED-USE DEVELOPMENT WOULD GENERATE $3.8 BILLION IN ECONOMIC ACTIVITY
RALEIGH, N.C. – John Kane and Steve Malik announced plans on Tuesday for a development that will transform the landscape of downtown Raleigh and become a hub for sports and entertainment in the community.
The project, which is being proposed by the North Carolina Football Club and Kane Realty Corporation, would address the demand for a large downtown sports and entertainment venue. It is expected to boost tourism, drawing additional visitors to Raleigh and Wake County, create jobs and revitalize an underused area of downtown Raleigh. The Downtown Raleigh Entertainment District, to be named Downtown South, will become an anchor for additional development and growth.
“This project holds tremendous promise for the City of Raleigh,” said Kane, CEO of Kane Realty Corporation. “It’s unlike anything I’ve worked on in my career. To be part of something that would enhance the lifestyle and overall appeal of our city while strengthening the local economy in such a meaningful way is powerful. I’m hopeful that the Raleigh City Council and Board of County Commissioners will enable this transformational project to become a reality.”
The proposed Downtown Raleigh Entertainment District sits on approximately 55 acres at downtown Raleigh’s southern edge at the intersection of South Saunders Street and Interstate 40. The development includes a multi-purpose, 20,000-seat open-air Downtown Sports & Entertainment Stadium surrounded by more than $1.9 billion in private development of street-level retail, office space, and housing. The stadium will become the home of the North Carolina Football Club, including its men's pro soccer team, North Carolina FC, and its women's pro soccer team, North Carolina Courage, and accommodate a variety of marquee events, including concerts, festivals, graduations, trade shows, and championship-level sporting events.
Read more with pics:
https://www.uslchampionship.com/news...e/show/1030926
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