The Panthers are putting the final touches on phase one of a $125 million stadium renovation project.

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CHARLOTTE, N.C. -- The Panthers are putting the final touches on phase one of a $125 million stadium renovation project.

Panthers director of stadium operations Scott Paul led a media tour Wednesday showing off the stadium's two new larger video boards, two new ribbon boards, an improved sound system and four new escalators to transport fans to the upper levels.

Paul says the first phase of the project is "95-percent complete" and should be finished before the team's Fan Fest on July 25.

Phase one of the project came in right on budget at $65 million. The remainder of the renovation project will be completed over the next two years.The video boards are the most notable upgrades at 2 1/2 times the size of the original video boards.

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