World-Class Facility
The Charlotte Hornets' new Performance Enhancement Center will be built adjacent to Spectrum Center, the team's home arena, which is currently being renovated. The new NBA facility will offer a home for the entire Hornets organization including both basketball and business operations as well as a destination for leading-edge sports medicine and orthopedic care as part of the mixed-use practice facility development.
The facility is being built on a 3.2-acre, city-owned parcel that was previously used as a parking lot for the arena. The City of Charlotte will allocate $30 million from tourism tax revenue, and HSE will provide the additional funding for the project.
Services Provided
CAA ICON will provide the full scope of services for Project Management on the Charlotte Hornets Performance Enhancement Center.
CAA ICON previously provided the following Feasibility and Planning services:
- Deal Structure/Lease Analysis
- Negotiating Advisory
- Project Development Plan