York County leaders hope new financial plan will kick-start Panthers construction in Rock Hill

YORK COUNTY, SC (QUEEN CITY NEWS) – Plans are being drawn up to restart construction in York County. York County and Rock Hill leaders hope a new financial plan will make the Carolina Panthers headquarters and training facilities a reality.

Construction stopped in March 2022 due to lack of funding. Since then, York County Council has approved a resolution outlining a new financial plan that Rock Hill supports.

All they need now is for Tepper Entertainment and GT Real Estate to sign the deal.

Details of the new deal include Panthers owner David Tepper paying for the work up front and then being paid back over 30 years with credits and tax incentives.

A statement released by the York County government:

“York County Council recently approved a resolution outlining a new financial plan to jump-start construction of the Carolina Panthers headquarters and training facility in Rock Hill. This week, the City of Rock Hill gave its unanimous support for this plan. For more than two years, a lot of work has gone into this project. That’s an understatement. We have seen buildings rise from the ground, an overpass take shape, and hundreds of people pouring their energy and passion into this monumental effort.

York County stands with our Rock Hill partners in the desire to make this happen for our community. We met regularly with the Panthers and took the actions they requested to keep development on track.

Along with the public, we await news from GT Real Estate and Mr. Tepper about the future of construction there, including acceptance of the county’s proposed financial plan. We hope that York County, the City of Rock Hill and the Carolina Panthers can remain partners, move forward and work together to make this project a reality for our community.