Mayor Anthony Foxx threw some cold water on city funding of a new Charlotte Knights (Class AAA; International League) ballpark, saying any contribution to the project would be a hard sell. UNC-Charlotte professor John Connaughton told the Charlotte City Council two weeks ago that a new uptown ballpark would create 490 jobs annually (along with […]
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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 […]
Knights make economic case for city funding of new ballpark
Armed with a study that predicted a tangible economic impact from a new Charlotte Knights (Class AAA; International League) ballpark, the City Council invited team management to pitch for city funding. The Knights are looking at a $55-million ballpark in uptown Charlotte. Mecklenburg County has already pledged land and $8 million, with some conditions — […]
Charlotte may help fund new Knights ballpark
With it increasingly apparent that private financing isn’t possible for a new Charlotte Knights (Class AAA; International League) ballpark, Charlotte and Mecklenburg County are exploring public financing. Any public money would not cover the entire cost of constructing a new ballpark in Charlotte’s Uptown area; past cost estimate have come in at $56 million, but […]