The proposed Downtown Raleigh Entertainment District sits on approximately 55 acres at downtown Raleigh’s southern edge at the intersection of South Saunders Street, South Wilmington Street, and Interstate 40. The development includes a multi-purpose, 20,000-seat open-air Downtown Sports & Entertainment Stadium surrounded by more than $1.9 billion in private development of street-level retail, office space, and housing. The stadium will become the home of the North Carolina Football Club, including its men’s pro soccer team, North Carolina FC, and its women’s pro soccer team, North Carolina Courage, and accommodate a variety of marquee events, including concerts, festivals, graduations, trade shows, and championship-level sporting events.

The project is expected to generate substantial benefits to the economy, both locally and statewide. A recent independent economic impact study commissioned through Economic Leadership LLC, concludes that over the next 15 years the Downtown Raleigh Entertainment District would generate $3.8 billion in economic activity for Wake County. Additionally, the project would generate 5,900 jobs in Wake County, $20 million in annual city/county property tax revenue, and $3.7 million in new annual Interlocal Funds contributions.