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City of Cary, N.C. receives $75 million in funding for sports complex

By Sports Event Media Group

September 5, 2023

The City of Cary, N.C. has received $75 million in funding for a new sports complex. While the project is still in the early stages, city officials are hoping for a mid-2028 completion.

CARY, N.C. – The City of Cary, N.C. has received $75 million for a new sports complex.

According to a news release from the city, the funds are from the Wake County Hospitality Tax Grant. After initial approval for the grants, city officials were recently notified the amount has been increased to $75 million.

The new facility is expected to host youth, collegiate, and amateur sporting events. According to the media release, it will feature 100,000 square feet of competition space; 12 full-sized basketball courts (which can be converted to 20 volleyball courts); multi-purpose space for event support, tournament meetings, exhibit space, and walkthroughs; locker rooms with showers; a restaurant; an elevated walking track; and storage space.

Local television station CBS 17 reported on the funding as well. According to its article, director of community projects Doug McRainey says there is a lack of indoor sports venues for tournaments in the local area. McRainey believes the proposed complex will draw hundreds of events a year.

The project is still very much in the early stages, as the article states officials are aiming for completion sometime in June 2028.