Raleigh leaders to vote on PNC Arena renovations, new soccer complex

The renovations will add more meetings spaces and, with several new restaurants, would make PNC a "foodie" destination. Leaders say the renovations will bring more people in, but ticket prices for events should not increase.

"We want to bring the culinary experience that sort of Raleigh and Durham and, really, North Carolina is known for now into our building," PNC's Jeff Merritt said.

The money would come from hotel and food tax between Wake County and the City of Raleigh. Under the revised agreement, funding for facilities would increase from $42 to $46 million per year.

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Right now, PNC Arena receives $8 million a year. Under the revisions, it would get $9 million.

"Ticket prices won't have to go up to do any of this," Merritt said. "Right now this is all funded from the Wake County hospitality tax. It's a tax that's paid when people come and stay in hotels or go out to eat in Raleigh."

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A vote on Monday will also start the process of determining how much funding is needed for a proposed soccer complex south of downtown Raleigh.

The Wake County Commissioners vote Monday night, and the City of Raleigh will vote Tuesday during a town council meeting.