RALEIGH, N.C. – The Centennial Authority, owners of PNC Arena, and Gale Force Sports and Entertainment, L.L.C. announced today the signing of a 20-year lease extension with the Carolina Hurricanes. The newly signed lease states that the Hurricanes will occupy PNC Arena through the 2043-44 NHL season.
As part of the agreement, PNC Arena will undergo major renovations, including the development of a transformational, vibrant sports and entertainment district and public gathering space around the arena. The development will create a live, work, play destination for Triangle residents and visitors throughout the year.