Charlotte Knights Meet Final County Deadline For
Fri August 24, 2012
Charlotte Knights Meet Final County Deadline For Uptown Stadium
The Charlotte Knights met the final deadline placed on them by Mecklenburg County Commissioners to move forward with a new baseball stadium uptown. Tuesday night, commissioners will review the financing plan submitted by the team.
Knights General Manager Dan Rajkowski says the team has lined up bank support to borrow $45 million for stadium construction. Another $15 million will come from the team's owners and advance revenue from major sponsorships. After months of wrangling with city and county officials over their combined commitment of $15.5 million for the stadium, Rajkowski seems relieved to now focus on design details.
"This is the fun part of the time - between now and construction - it's really getting a clear picture of what this building's gonna look like and how it's gonna act," says Rajkowski.
The new Knights stadium will be a few blocks from Bank of America Stadium in the Third Ward and have room for about 11,000 fans.
Documents provided to the Mecklenburg County Commission show construction starting the week after the Democratic National Convention in September. The Knights hope to be playing in the new stadium Spring of 2014.