News Summary
The North Carolina legislature has approved $35 million for the renovation of the Lenovo Center in Raleigh. The funding focuses on infrastructure improvements, particularly enhancing road access. The $300 million renovation aims to modernize the arena with luxury suites and a marketplace, expected to boost local economy and support surrounding businesses while creating a vibrant entertainment hub.
Raleigh, North Carolina – Additional $35 Million Approved for Lenovo Center Renovation
Major Funding Boost for Arena Improvements
The North Carolina legislature has approved an additional $35 million to support the ongoing renovation of the Lenovo Center in Raleigh. The legislation, part of a broader state budget bill, is currently awaiting signature from the governor. Once signed, the funds will enhance infrastructure around the arena, primarily focusing on improving road access along Edwards Mill Road leading to and from the venue.
The funding approval came with unanimous support in the Senate, with a vote of 47-0, and broad bipartisan backing in the House, which approved it by a vote of 103-6. The funds will be allocated by the Centennial Authority, the organization responsible for overseeing the arena, specifically designated for “public infrastructure improvements.” The money will be drawn from a reserve fund intended to address inflation and promote economic stability.
Details of the Renovation Project
The $300 million renovation project at the Lenovo Center aims to modernize the arena and expand its amenities. The planned upgrades include the addition of luxury suites, a viewing bar, and a marketplace to enhance the experience for fans. Construction work began in spring 2025, focusing on relocating air-handling units, creating new luxury spaces, and modernizing the main concourse and exterior of the building.
Construction is scheduled to commence after the conclusion of NC State’s football season. The entire renovation is expected to take between five and eight years to complete, indicating a long-term effort to upgrade and modernize the facility.
Impact on Local Community and Businesses
The Lenovo Center hosts approximately 1.5 million visitors annually, with events including NHL hockey games, college basketball tournaments, and large-scale concerts. The renovated arena is projected to bolster economic activity in the surrounding area and support local businesses.
One nearby restaurant, The Oak-Raleigh, reports high patronage from event attendees and has experienced a particularly busy month due to concerts. The restaurant’s general manager, Hali Haught, notes that reservations for upcoming events, such as a state football game, are at record levels. However, congestion during large events has posed challenges, leading to efforts to improve traffic flow.
Future Development Plans in the Area
Beyond the arena itself, plans are underway to develop an 80-acre area surrounding the Lenovo Center. This development will include a new music venue with 4,000 seats, restaurants, shops, and residential units, aimed at transforming the district into a vibrant entertainment hub.
The initial phase of this development is set to begin in December, featuring the construction of two parking decks and the new music venue. These projects are expected to further enhance the arena’s role as a driving force for economic growth and urban renewal in Raleigh.
Ownership and Long-Term Vision
The Carolina Hurricanes’ owner, Tom Dundon, has secured a long-term agreement to keep the team in Raleigh, supporting the city’s sports and entertainment scene. The arena’s renovation and surrounding development are part of a broader vision to establish Raleigh as a premier destination for sports, entertainment, and business, fostering jobs and community engagement.
The consolidation of these efforts signifies a strategic investment in the city’s future, with the arena serving as a centerpiece for regional growth and a catalyst for development in the surrounding neighborhoods.
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- ABC11: Additional $35 Million for Lenovo Center Renovation
- WRAL: NC Lawmakers Weigh Investment in Sports Arena
- News Observer: Lenovo Center Upgrades
- CBS17: Hurricanes Address Ongoing Lenovo Center Renovations
- NHL: Lenovo Center Renovation Updates
- Wikipedia: Raleigh, North Carolina
Author: STAFF HERE RALEIGH WRITER
RALEIGH STAFF WRITER The RALEIGH STAFF WRITER represents the experienced team at HERERaleigh.com, your go-to source for actionable local news and information in Raleigh, Wake County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the North Carolina State Fair, Raleigh Arts Festival, and the Hopscotch Music Festival. Our coverage extends to key organizations like the Greater Raleigh Chamber of Commerce and Visit Raleigh, plus leading businesses in technology and education that power the local economy such as Red Hat and NC State University. As part of the broader HERE network, including HEREAsheville.com, HERECharlotte.com, HEREGreensboro.com, and HEREOBX.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.
