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Volume 25 No. 212

Facilities

The arena situation reached a new sense of urgency when Dundon bought the team in '18
Photo: GETTY IMAGES

The Centennial Authority, which manages PNC Arena, is "seeking enhancements" to the Raleigh venue estimated to cost between $200-300M, according to Dane Huffman of the TRIANGLE BUSINESS JOURNAL. The arena first opened in '99 and has "seen some upgrades along the way," including recently installed "fresh plexiglass, a digital ribbon around the interior, digital signage and updated locker rooms and workout areas" for the Hurricanes. However, the situation "reached a new sense of urgency" when Tom Dundon bought the Hurricanes in January '18. Dundon is "seeking to upgrade the fan experience and has made no secret of the fact that making money for the franchise has been a challenge." Dundon said that he "doesn't want to lose" more than $10M on the team in a given year, and he could lose $20M this season alone. Some of the enhancements the CA proposed include "new hospitality spaces on three levels on the south side of PNC Arena with a rooftop bar and restaurant as the centerpiece; new club and concession spaces throughout the arena; and office and meeting spaces." A 25-year, level-payment financing of the project at 4.5% would "require an annual debt service" in the range of $13.5-20.2M (BIZJOURNALS.com, 2/11).

In New Orleans, Amie Just notes LSU is "adding a second alcohol-selling venue in Tiger Stadium, after the first one was met with widespread success." LSU Senior Associate AD/External Communications Robert Munson said that the second Chute location "has not been pinned down yet, but it will operate within the same parameters of the first." Munson said that the area's capacity of approximately 1,250 was "met at the first Chute at some point during every game" in '18. Munson added that more alcohol-selling venues "could be on the horizon as well" (New Orleans TIMES-PICAYUNE, 2/12). Meanwhile, "beer and wine are coming" to LSU's baseball venue with the addition of "The Yard." Tented areas in the right and left field corners of Alex Box Stadium will "open two hours before first pitch and will close at the end of the seventh inning" (NOLA.com, 2/11).

SETTING THE STAGE: In Philadelphia, Corey Sharp noted Lincoln Financial Field will "become a hockey rink in less than two weeks" for the Penguins-Flyers Stadium Series matchup. The NHL has "officially taken over the stadium and begun preparations to convert the field to a rink." NHL Senior Manager/Facility & Hockey Operations Derek King said that it takes "about a week to turn the rink into a playable surface." On Thursday, King's staff will "begin making the ice" (PHILLY.com, 2/11).

SHOWING OFF NEW SWAMP: The full-scale renovation of the Univ. of Florida's Katie Seashole Pressly Stadium "features a 360-degree open concourse, increased seating capacity with chair-back seats, shade structures for fans, an elevated press box, office space, expanded dugouts, a larger lounge and a new locker room." The Gators will "unveil" the $15M renovation to the softball venue tonight (GAINESVILLE SUN, 2/12).