Malcolm Graham

speaker
6,335 appearances 66 recordings 3 series first heard Sep 2023 last heard 14 Sep

Malcolm Graham’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 17 in all, peaking in Jun 2026 with 3.

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So the idea of a stadium annex or what we're now calling a performance venue was always contemplated as part of the framework.
During the 18 months that we worked to negotiate around the key business terms that you required, as well as the community benefits, it was always understood that one of the owner-elected projects would be a performance venue.
So there's nothing associated with the performance venue that's new.
There's nothing that's associated with the community benefits that were put in place that would be impacted by the construction of a performance.
So if I could zoom out on the triangular parcel, which is a bit of a separate conversation, it was understood last year that having access to the triangular parcel, which is less than a quarter acre, which was owned by NCDOT at the time, was very important as an enabler for the performance venue.
I did walk with the parcel a couple weeks ago with our real estate team, and they affirmed that on a standalone basis, the parcel really essentially is unbuildable.
So our view is we received a piece of property at no value,
for something that's unbuildable.
And it's a logical step from our perspective to put it into the lease to enable a project that will allow the team to activate on a requirement that you put in place, which is $150 million investment by the team in exchange for our investment.
I walked it to, without getting tired at all, it's really, really small.
And, you know, this is something that came before the ED committee back in October, and we talked about this being as a part of the broader deal.
The land has been donated to the city.
We can't build on it at all.
I walked it.
You can't do anything with it for sure.
This is yet a baby step towards completing the goal.
In addition, we all talked about, at least from the ED perspective, of creating an entertainment district within that sector of the community.
Again, we take a giant step forward to do that with a small partial of land that we can't do anything with.
From my perspective, watching it, it has no economic development value for us.
As it relates to community benefits, I think the agreement that we've struck with the Panthers early in the year, last year, with the broader deal is inclusive of this type of development.
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