CHARLOTTE, N.C.-- Carolina Panthers president Danny Morrison says the team plans to begin renovations on their 16-year-old stadium immediately after the 2013 NFL season and estimates the project could take two years to complete.
Morrison says the master plan calls for between $261 million and $297 million in upgrades.
Charlotte's City Council is backing a plan to give the Panthers nearly $144 million from a food and beverage tax increase to pay for stadium upgrades and the team is seeking more than $60 million in state funds.
Morrison says the Panthers' goal is to "improve the overall experience for all 74,000 fans."
The primary objectives include installing three escalators to reach the upper level, new video and ribbon boards and an improved sound system, as well as upgrading technology and stadium infrastructure.