• UNC Charlotte plans $84M hotel, conference center on campus

    By: Erik Spanberg, Charlotte Business Journal

    Updated:

    CHARLOTTE, N.C. - UNC Charlotte chancellor Phil Dubois and representatives from the Charlotte Regional Visitors Authority on Monday made a joint pitch to City Council for the long-sought hotel and conference center. Under the terms negotiated by the school and the tourism agency, the hotel and conference center would cost $84 million to build and open in time for the 2020 school year.

    The 4.4-acre site targeted for the project is located at the J.W. Clay Boulevard-UNCC stop on the Blue Line Extension light-rail line, located at the intersection of North Tryon Street. It requires approval from the zoning commission, a process already begun by the university.

    Of the $84 million construction cost, a portion of existing tourism taxes would account for $8 million. Council would have to approve the visitors authority’s funding for the hotel. A vote is anticipated at the Aug. 27 council meeting.

    Read the full story here: http://bizj.us/1pn0r7

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