Tepper Sports And Entertainment Pulls Out Of Eastland Mall Project

CHARLOTTE, N.C. — A spokesman for the city of Charlotte confirmed with WCCB that Tepper Sports and Entertainment no longer plans to build a youth soccer academy or soccer fields at the Eastland development site.

Groundbreaking for the site is set for August 3rd but will be limited to infrastructure and utility work.

Tepper had previously announced that the MLS headquarters would no longer be at the site, and would stay at Bank of America Stadium.
This comes just a few months after Tepper shut down construction of a planned Panthers practice facility in Rock Hill.

Now the city of Rock Hill and contractors have filed a lawsuit against the company. Tepper’s real estate company, created to handle all future development projects, filed for bankruptcy.

Additionally, Tepper Sports and Entertainment COO Mark Hart resigned on Monday.  No details were released on the decision behind his resignation.  Hart is the third person within the TSE team to leave his position this year.

The city of Charlotte released the following statement to WCCB:

“The city has been working for years to redevelop the Eastland Mall site and will continue that work. The city’s priority is to create economic opportunity for the Eastside Community and for Charlotte overall, and we remain committed to doing that.

Development of the Eastland site will continue with a groundbreaking on August 3 and the city is pursuing development opportunities that will align with the community’s vision. The city and Tepper Sports have a strong partnership and the city remains open to discussing opportunities with Tepper Sports at Eastland.

We appreciate the significant contribution Tepper Sports has made in Charlotte and the city supports Tepper Sports’ efforts to increase sports and entertainment events, which benefits Charlotte’s businesses and residents.”