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Lenovo Center Set for Major Upgrades and Renovations as Part of Raleigh Sports and Entertainment District

Published September 19, 2024 by Brooke

Rendering of planned renovations to PNC Arena in Raleigh, NC

The PNC Arena, recently renamed the Lenovo Center, is set for a multi-million dollar renovation as part of the new Raleigh Sports and Entertainment District. The arena, home to the Carolina Hurricanes and NC State basketball, will undergo phased enhancements from 2025-2027 with the goal of keeping the arena open as much as possible during the process. This project represents a significant investment in the arena, aiming to transform it into a world-class venue for the next 25 years.

Renovations to Improve Functionality and Fan Experience

The renovation plans focus on several key areas, including:
  • Arena Level: Improvements will focus on enhancing function space and operational efficiencies.
  • Main Concourse: The main concourse will be expanded and redesigned to improve flow and provide more food and beverage options for visitors.
  • Upper Level: The upper level will have a new look along with more options for fans.
  • View Bar and South Expansion: Plans include the addition of a new “View Bar” and an expansion to the south side of the arena.
  • Campus Compatibility: The renovations aim to create a cohesive look and feel with the surrounding NC State campus.

The enhancements at the Lenovo Center are just one part of the larger $1 billion Raleigh Sports and Entertainment District development plan. This ambitious project will create a vibrant mixed-use district surrounding the arena, featuring:

  • Housing: 4,000 residential units are planned across the development.
  • Commercial Space: Up to 3 million square feet will be dedicated to hotels, offices, restaurants, and other non-residential uses.
  • Entertainment and Dining: The district will feature a variety of entertainment venues, restaurants, and a revitalized tailgating experience.
  • Open Space: 12 acres will be dedicated to open space within the development, promoting a pedestrian-friendly atmosphere.

Construction Expected to Begin in 2025

The first phase of the Raleigh Sports and Entertainment District is anticipated to begin in late 2025, with a projected completion date in 2027. This initial phase will include:
  • Over 200,000 square feet of entertainment and lifestyle retail.
  • 150,000 square feet of office space.
  • A 150-room hotel.
  • Over 500 apartments.
  • An expanded plaza.
  • Two parking garages.

The development also has plans for a 4,300-seat music venue operated by Live Nation, which will further enhance the area’s entertainment options. Overall, the project represents a significant investment in the city of Raleigh, aiming to create a dynamic destination for residents and visitors alike.