Posted on February 1, 2012 at 6:57 AM
Wednesday, Feb 1 at 6:05 PM
CHARLOTTE, N.C. -- The city of Charlotte could help fund a new Charlotte Knights baseball stadium in uptown, according to the city's Economic Development Committee.
Mecklenburg County has tentatively approved spending $8 million on a new stadium in the Third Ward.
The Economic Development Committee still has to discuss approving the funding and that won't begin until February 16 at the earliest. Then the full council will also have to make the final decision.
The city built the Time Warner Cable Arena and also fronted roughly $200 million for the NASCAR Hall of Fame. But first year attendance numbers for the NASCAR facility were just one third of what was projected.
Right now, the Charlotte Knights play in what's considered an outdated facility in Fort Mill, South Carolina, and there has been talk for years about building an uptown stadium.
But there have been at least five lawsuits filed against building the structure in uptown. All of those lawsuits, however, have since been dismissed.
The city also plans to take a look at a comprehensive study of the Charlotte region's professional, college and amateur sports market being conducted by UNC Charlotte before making a final decision.