Charlotte invests $65M in bid for major tennis tournament.
The Charlotte City Council has approved $65 million in funding for a proposed $400 million, 40-court tennis complex that could become the new home of the Western & Southern Open. Taxpayers would fund around $130 million of the project, and the tournament owner, Beemok Capital, would fund the rest. The company's decision about whether the tournament will be relocated is expected to come this summer. If it moves, the first tournament in Charlotte would be held in 2026.