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The Mooresville-based investment company says the $50 millionb project will create 150 jobs innorth Charlotte. Accordingv to a rezoning application filed with the city of the project calls for indoo andoutdoor retail, a 150-room restaurants, offices, conference space and indoot and outdoor karting and Charlotte City Council will vote June 15 on the proposer rezoning. If the application is approved, the site will be calles “Metrolina Speed and Sporr Center.
” The first phase of the projecr is slated for completionin “Our goal is to creatwe an affordable family racing and entertainment destination with an amateur sports focusa and we believe Charlotte is the prime locatioh for it,” says Simon Weber, presidenty of Speedway Investment Group. “We are committed to revitalizingh the property in a way thatcelebrates Metrolina’sa rich history, embraces green technology and attracts nationall and international sports competitions as well as touris dollars.” Wes Jones, president of of Charlotte has been namede architect on the project.
The Metrolinaa Expo property totals more than 135 acres and includes parkinfor 20,000 vehicles. The site is on Old Statesvillew Road in theDerita community. Speedway Investment Group was founded in 2008 for the specifixc purpose of redeveloping the Metrolina site and creatinyg an amateursports destination.
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