© 2023 South Carolina Public Radio
Play Live Radio
Next Up:
Available On Air Stations

Rock Hill

  • A federal judge has approved a bankruptcy settlement of about $100 million over Carolina Panthers owner David Tepper's failed plan to build a practice facility for his NFL team in South Carolina. The deal approved Friday will turn the land and the incomplete steel shell of what was supposed to have been the team's new headquarters over to the city of Rock Hill. It's estimated to be worth $20 million. Tepper's real estate company will pay York County $21 million, and $60 million will be split among the contractors who worked on the project before it was abandoned this year. All sides agreed to drop their lawsuits.
  • The South Carolina county where Carolina Panthers owner David Tepper started building and then abandoned a new $800 million practice facility has reached a settlement over $21 million in sales tax money given to the NFL team. A statement Wednesday night from York County says the Panthers owner will pay back the money. The county says its dispute with Tepper and his company handling the failed project was totally resolved. The settlement came a week after the York County Sheriff's Office and local prosecutor announced that Tepper and GT Real Estate were under criminal investigation if the public money was misused, emphasizing the probe didn't mean any wrongdoing happened. The law enforcement officials had no additional comment after York County announced its settlement.
  • South Carolina's first full district to employ ABii robots to help elementary students learn is enjoying their company. And, oh yeah, learning a little something along the way.
  • Carolina Panthers owner David Tepper's real estate company wants to revoke a bankruptcy settlement it negotiated with the city and county where its abandoned practice facility was supposed to be built in South Carolina. GT Real Estate Holdings says Rock Hill and York County are making exorbitant and unreasonable demands. Tepper's company offered $21 million to York County. It suggested giving the proceeds from selling part of its site in Rock Hill so the city would get at least $20 million. York County says it is entitled to more than $80 million. Rock Hill wants the bankruptcy case be heard in South Carolina instead of Delaware, where GT Real Estate Holdings is incorporated.
  • Carolina Panthers owner David Tepper's real estate company has proposed to pay more than than $82 million to creditors over an abandoned $800 million practice facility project in Rock Hill, South Carolina. Tepper's company GT Real Estate Holdings filled for Chapter 11 bankruptcy in Delaware on June 2. Under this plan, GTRE would resolve claims by paying $60.5 million in cash funded into a settlement trust for contractors and others, $21.1 million to York County and $20 million or more to the City of Rock Hill. DT Sports Holding, LLC, a Tepper entity, previously funded $20 million in debtor-in-possession financing. Tepper, one of the NFL's richest owners, had invested more than $175 million in the half-built facility. The plan requires approval from courts and creditors.
  • Rock Hill's Southside is a place where African-Americans hold modest real estate wealth. But with fewer families interested in staying, long-established neighborhoods are slowly disappearing.
  • The first female mayor of Rock Hill who was known as a civic booster who was instrumental in building its premier recreational complex and other infrastructure has died. Elizabeth Josephine "Betty Jo" Dunlap Rhea died Monday. She was 91. The Herald reports Rhea was mayor from 1986 to 1997. The newspaper reports she led the city through growth and development of new industries after the region's textile mills closed. Mayor John Gettys, the city's current leader, said in a statement that Rhea's vision for the city has been a benefit for all its residents and visitors.
  • The county says it wants $21 million back from Tepper's 'failed vanity project'
  • The real estate entity behind the doomed $800 million project filed for Chapter 11 in Delaware Wednesday.
  • U.S. Rep. Ralph Norman (R, 5th) was a commercial developer before he got into politics. He offers a perspective that 'all is not lost,' even if the Carolina Panthers bail on Rock Hill.