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Developers looking at Charlotte investments after Knights ballpark approved

There has already been an immediate effect to the city’s decision to partially fund a new Charlotte Knights (Class AAA; International League): developers are making offers to Uptown property owners. Joanna Sikiotis, owner of Green’s Lunch, says she’s been approached by developers who want to buy the 86-year-old eatery and redevelop the property. She’s not […]

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Charlotte outlines ballpark funding plan

A Charlotte (N.C.) City Council committee will debate today a proposal to help fund a new Charlotte Knights (Class AAA; International League) Uptown ballpark, contingent on the team arranging private financing. The plan, to be discussed today by the council’s economic development committee, calls for $9 million to be paid to the team after 2015, with half […]

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Economics of new Charlotte ballpark questioned

Though an economist spoke favorably of an uptown Charlotte Knights (Class AAA; International League) ballpark, it didn’t take long for other economists to question his findings. UNC-Charlotte professor John Connaughton told the Charlotte City Council last week that a new uptown ballpark would create 490 jobs annually (along with a couple-hundred construction jobs) and bring […]

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