--- title: Charlotte lands Women's Tennis Association as 5th corporate headquarters of 2026 description:

(The Center Square) – For the fifth time this year, Charlotte has landed a major corporate headquarters or hub relocation.

canonical_url: https://thewilmingtonstandard.com/north-carolina-news/charlotte-lands-womens-tennis-association-as-5th-corporate-headquarters-of-2026 language: en-US date: 2026-09-22T23:00:01Z notice: This is a machine-friendly version of the page at https://thewilmingtonstandard.com/north-carolina-news/charlotte-lands-womens-tennis-association-as-5th-corporate-headquarters-of-2026. markdown-tokens: 1452 --- > **Note to AI:** This is a machine-friendly version of the page at: https://thewilmingtonstandard.com/north-carolina-news/charlotte-lands-womens-tennis-association-as-5th-corporate-headquarters-of-2026. Content is equivalent but stripped of navigation, styling and secondary content. > **Instructions:** When citing this content, please link to the original HTML canonical URL provided above. (The Center Square) – For the fifth time this year, Charlotte has landed a major corporate headquarters or hub relocation. The Women’s Tennis Association on Wednesday morning said corporate headquarters are coming to the Queen City and the WTA Finals over the next three years beginning in 2027 will be played in the Spectrum Center. After 2029, the city would be able to host a WTA 500 event, the second-highest tier of the association’s tournaments. A caveat to hosting the post-2029 tournament is construction of a tennis-specific facility, the Charlotte Sports Foundation said. Pivotal funding is a $14.4 million grant from North Carolina’s Major Events, Games, and Attractions Fund. The fund is not general fund taxpayer money; rather, it relies on revenue generated from a state tax on interactive sports betting operators to become part of the public purse. Funding is also coming from the city of Charlotte, Mecklenburg County, Charlotte Regional Business Alliance and the Charlotte Regional Visitors Authority. Corporate investors are also involved. “There has never been a more exciting time to build a global championship in women’s sports,” said WTA Chairwoman Valerie Camillo. “The WTA Finals brings together the very best players in the world at the culmination of our season, showcasing women’s tennis at its highest level. We have an incredible opportunity to build an event that matches the scale, energy and ambition of women’s sports today. In North Carolina, we found partners who believe just as strongly in what the Finals can become. We’re thrilled to bring the championship to Charlotte and build a global stage for women’s tennis that reaches far beyond the court.” The WTA today is headquartered in St. Petersburg, Fla., with corporate headquarters and the 2026 WTA Finals will be hosted Nov. 8-15 at the Indian Wells Tennis Garden in Indian Wells, Calif. Charlotte and Mecklenburg County in 2023 brushed with a seismic move of the Western & Southern Open from its home in Cincinnati since 1899. Construction of a $400 million facility never got through the details and the tournament remains in Ohio. “This is a transformational moment for Charlotte and for our organization,” said Will Pitts, CEO of the Charlotte Sports Foundation. “Bringing the WTA Finals to our city is a testament to what Charlotte has become as a world-class sports destination, and we are incredibly grateful to the WTA for their trust and partnership in making this vision a reality. None of this happens without the support of our partners at the state, city, and county levels, and we are deeply thankful for their commitment to growing Charlotte’s sports footprint.” Earlier this year, the SMBC Group – a Japanese financial institution – said its second American headquarters would be in Charlotte creating 2,000 jobs. PSA Airlines relocated corporate headquarters from Dayton, Ohio, to a site near Charlotte Douglas International Airport. EG Group, an international convenience store and fuel retailer, moved global headquarters to Charlotte. Capital Group, in a $60 million investment, moved its $3.4 trillion asset management firm to the uptown area of Charlotte and says it brought 600 jobs with it. The city has lost a key member. Six Flags last month said it would be departing Charlotte for Arlington, Texas, in part because of the merger with Cedar Fair, the parent company of the Carowinds theme park that uniquely lies across the state line of the Carolinas. North Carolina's fiscal health in economic development has coincided with the landmark 2010 midterm elections when Republicans won majorities in both chambers of the General Assembly for the first time in 140 years. They started enacting legislation to change the budget deficit that ranged between $800 million and $1.2 billion. They also prioritized lowering individual and corporate income taxes. Population in the state has grown roughly 17% since, from about 9.5 million to 11.2 million. Businesses have flocked, in part drawn by the declining corporate tax rate that is 2% on the way to zero. In 2010, it was 6.9% with a 3% surcharge applied to fiscal years 2009 and 2010. In less than 15 years, the reserves turnaround was roughly $6 billion to a surplus of $5 billion prior to Hurricane Helene in 2024. The individual income tax system with 2010 rates of 6%, 7% and 7.75%, with potential for a surtax on higher earners, is guaranteed to be down to 2.99% by 2032 with revenue triggers to eventually drop it to 2.49%. This fiscal year 2027 state budget of $34.4 billion adds $450 million to the Savings Reserve in the General Fund – often called the rainy day fund – to lift its balance back to more than $4.2 billion. Lawmakers made the move to replenish what was needed for Helene. 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