Updated Basketball Arena Details: Costs, Revenues, Timeline for UNC
On3 • • sports
Key Points:
- UNC is evaluating the future of the 40-year-old Dean E. Smith Center, balancing its historic significance with the need for major repairs or a new state-of-the-art basketball arena to maintain program success.
- The university's study, costing $1.3 million since 2022, considered seven options including new builds at various sites, renovation, and repair, focusing on six strategic priorities like preserving tradition, improving athlete facilities, fan experience, and revenue generation.
- The top three options are building a new arena at Carolina North ($786 million), Odum Village ($703 million), or renovating the current site ($591 million), each with different financial implications, mixed-use potential, and disruption levels during construction.
- New builds offer higher revenue potential
