Prospects of restarting a stalled multi-hundred million dollar sports training facility in South Carolina appeared to take a turn for the worse.

Representatives of the National Football League’s Carolina Panthers have announced that the team is terminating a contract with the city of Rock Hill, S.C., to complete construction of an $800-million headquarters and training facility.

The teamhalted constructionon the 20-month-old project in mid-March in a dispute over the city’s purported failure to follow through on a commitment to fund $225 million worth of infrastructure upgrades at the 234-acre site.

Panthers owner David Tepper, through his Charlotte-based holding company, claimed that the city of Rock Hill was a year late in making an initial payment on a commitment to fund $225 million worth of infrastructure. The 234-acre site was supposed to include a mix of hotel, apartment and commercial spaces. Tax revenue generated from the properties was to be used to repay the bonds. A new interchange with nearby Interstate 77 is also part of the project.

岩石山官员反驳说,球队没有t provided sufficient information to move forward with a planned bond sale without putting city finances at risk.

Despite Rock Hill’s subsequent offer of a revised financial plan, GT Real Estate Holdings, the team’s real estate representative, notified the city on April 19 that it was formally terminating previous agreements. A spokesperson for the company expressed a willingness “to sit down with the city and other interested parties to discuss the significant challenges ahead.”

In a statement, Rock Hill officials also left the door open to further negotiation, but stressed that the city had fulfilled its obligations under the agreements.

本月早些时候,Mascaro Construction和Barton Malow是Panthers建设的建筑经理处于危险的合资企业以建立开发项目,拒绝评论该项目停顿或披露自2020年7月地面破产以来的工作进展。Tepper。did not respond to ENR’s request for comment.

One part of the project unaffected by the Panthers’ decision is a new I-77 interchange being constructed by a joint venture of United Infrastructure Group and Blythe Development Co. Funded by the South Carolina Dept. of Transportation, the $48-million design-build project is intended to support economic development in the area, including the Panthers development site. The interchange is scheduled to be completed in May 2023.