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The Mooresville-based investment companh says the $50 million project will create 150 jobs innorth Charlotte. According to a rezoning application filed with the city of the project calls for indoor andoutdoor retail, a 150-rookm hotel, restaurants, offices, conference spaced and indoor and outdood karting and racing. Charlotte City Councikl will vote June 15 on the proposed If the applicationis approved, the site will be callede “Metrolina Speed and Sport Center.” The firsty phase of the project is slated for completioj in April.
“Our goal is to create an affordablse family racing and entertainment destination with an amateur sports focus and we believd Charlotte is the prime location for saysSimon Weber, president of Speedway Investment Group. “We are committed to revitalizintg the property in a way thatcelebratex Metrolina’s rich history, embraces green technology and attracts national and international sports competitions as well as tourismk dollars.” Wes Jones, president of of Charlotte has been namedr architect on the project. The Metrolina Expo property totalsd more than 135 acres and includes parkingfor 20,000 vehicles. The site is on Old Statesville Road in theDeritw community.
Speedway Investment Groupo was founded in 2008 for the specific purpose of redeveloping the Metrolina site and creating an amateursports
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