Grant for massive tennis complex in Charlotte included in new NC budget [c0BCK4xjo]
Grant for massive tennis complex in Charlotte included in new NC budget [c0BCK4xjo]
The new North Carolina budget, expected to pass later this week, includes $20 million to be spent over two years on Project Break Point, which would bring a massive tennis complex to Charlotte's River District. Project Break Point would include four tennis stadium with capacities ranging from 2,000 seats to 14,000 seats, in addition to multiple practice courts, an amphitheater, a pickleball venue, and more. WCNC Charlotte's Julia Kauffman previously reported that the location of the River District was chosen in part because of its proximity to Charlotte Douglas International Airport; the addition of the tennis complex is expected to boost the local economy. Beemok Capital, the firm behind the project, had asked the city of Charlotte and Mecklenburg County to fund a third of the project's $400 million cost, which would cost taxpayers around $133 million. The grant in the state budget "for economic development associated with Project Breakpoint" is the final piece of that puzzle. READ MORE: https://www.wcnc.com/article/news/politics/north-carolina-politics/grant-charlotte-river-district-included-nc-budget/275-c0e2cdca-a881-468c-803f-1fd1e7805a93
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