Bank of America Stadium in Charlotte, home to the NFL’s Carolina Panthers, is set for a transformative $1.3 billion renovation that accompanies a renewed long-term naming rights agreement between the team and Bank of America. The stadium, which has been a key sports and entertainment venue since opening in 1996, will undergo extensive upgrades to elevate the fan experience and become a weekend destination for sports, entertainment, and community events, according to Panthers owner David Tepper.
The redesign, crafted by architecture firm HOK, introduces expansive indoor-outdoor gathering spaces throughout all levels of the stadium. It highlights a new 500-level social patio overlooking Uptown Charlotte, enhanced scoreboards and displays, upgraded seating, and new premium offerings. The exterior of the stadium will also receive a facelift, featuring refreshed materials and a striking illuminated crown that will add to the city's skyline. Future design elements will reflect the culture, landscapes, and people of the Carolinas to ensure the renovations resonate with the region.
In addition to aesthetic and fan comfort upgrades, the project expands retail, food and beverage options, increases restroom capacity, and adds versatile event spaces to support both NFL games and community events. A new 4,400-capacity entertainment venue will also be built onsite, expected to host 80 to 100 events annually and provide additional hospitality space during game days for the Panthers. These improvements are meant to deepen engagement and broaden the stadium’s role as an entertainment hub beyond football.
Funding for the $1.3 billion project includes a cap of $650 million from Charlotte’s hospitality and tourism taxes, with Tepper Sports & Entertainment covering the remainder along with any cost overruns and ongoing maintenance. The multi-year renovation will be phased to ensure the stadium remains operational through Panthers and Charlotte FC games, with interior work beginning in 2026 and visible fan-facing construction set for 2027. The project aims for completion in 2030, ushering in a new era for this iconic Carolina venue.
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