What is the latest status of the project “Spectrum Center”?

The status recorded for “Spectrum Center” is under renovation.

Who are the main government, EPC, and private stakeholders for “Spectrum Center”?

Taiyo maps the stakeholders of “Spectrum Center”: government bodies (City of Charlotte).

What is the budget and commercial profile for the project “Spectrum Center”?

Taiyo normalizes the budget of “Spectrum Center” to USD 245000000.

Where can I verify the source and access all details for “Spectrum Center”?

This Taiyo project page references The Business Journals along with the original URL (https://www.bizjournals.com/charlotte/news/2025/09/12/power-100-25-years-progress-real-estate-developmen.html). Taiyo standardizes official data into a consistent, searchable project profile.

Spectrum Center

Sector: Power Generation (CCGT) • Location: Charlotte, North Carolina, United States

Source: The Business Journals

Project

Under Renovation

Spectrum Center is a publicly funded arena opened in 2005 in uptown Charlotte, replacing the original Hornets arena. Built for an inflation-adjusted $434 million, the 19,000-seat arena has hosted major events including the Democratic National Convention, NBA All-Star Game, and NCAA tournaments. A $245 million renovation is scheduled to reopen in fall 2025 with upgraded suites, concourses, concessi

Status: Under Construction
Sector: Power Generation (CCGT), Residential, Stadium, Commercial, Government
Location: Charlotte, North Carolina, United States of America
Updated: 22 Jul 2026
Source: The Business Journals

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Project Information

5 Q

The project “Spectrum Center” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Charlotte, North Carolina, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Sponsoring Agency

Status

Original status	under renovation
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Spectrum Center is a publicly funded arena opened in 2005 in uptown Charlotte, replacing the original Hornets arena. Built for an inflation-adjusted $434 million, the 19,000-seat arena has hosted major events including the Democratic National Convention, NBA All-Star Game, and NCAA tournaments. A $245 million renovation is scheduled to reopen in fall 2025 with upgraded suites, concourses, concessions, private clubs, and 1,400 more seats.
Original sector	Sports and Entertainment
Budget

Location

Country	United States of America (USA)
State	North Carolina
City	Charlotte

Source

Source	The Business Journals
URL

More Details

Record type	Project
Sector	Power Generation (CCGT), Residential, Stadium, Commercial, Government
Article published date	2025-09-16

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