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CBJ has a very good write up on where the city’s portion of new stadium money will probably come from:

https://www.bizjournals.com/charlotte/news/2019/08/17/here-are-the-most-likely-ways-charlotte-could-help.html

The TLDR is:

  • not property or sales taxes
  • Most of the cash will probably come from doubling the prepared foods tax (from 1 to 2%)
  • but the legislature and restaurant  lobby is going to fight
  • Some TIF revenue from entertainment district is also expected
Edited by kermit
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That's the most nonsense rendering I've seen in a while. It's not anything. It's just "an idea of some buildings."

I’ve been calling it S.H.I.E.L.D Headquarters In conversation. Such a silly rendering.


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22 hours ago, kermit said:

CBJ has a very good write up on where the city’s portion of new stadium money will probably come from:

https://www.bizjournals.com/charlotte/news/2019/08/17/here-are-the-most-likely-ways-charlotte-could-help.html

The TLDR is:

  • not property or sales taxes
  • Most of the cash will probably come from doubling the prepared foods tax (from 1 to 2%)
  • but the legislature and restaurant  lobby is going to fight
  • Some TIF revenue from entertainment district is also expected

Would like to read it, but I'm not a subscriber.

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