REBusinessOnline

ATLANTA BRAVES PLAN TO MOVE INTO NEW STADIUM NORTH OF CITY

ATLANTA — The Atlanta Braves organization has secured land at the northwest intersection of Interstates 75 and 285 in Cobb County, which will be the future site of its new stadium. The Braves have opted to not renew their lease at Turner Field, the team’s existing stadium. Although the new property has an Atlanta address, it will be located in Cobb County. The new site will feature an integrated mixed-use development, parking and greenspace in addition to the stadium. The Braves will be significant investors, along with Cobb County, in the project. The total estimated cost of the stadium, parking and infrastructure is roughly $672 million, and the Braves will pay all cost overruns for the project. The Braves will develop the remaining parcels surrounding the new stadium. The Cobb-Marietta Coliseum and Exhibit Hall Authority, owner of the Cobb Galleria Centre and Cobb Energy Performing Arts Centre, are planning on owning the new property, according to the Braves organization. During construction, nearly 5,227 jobs will be supported. The new stadium is slated to begin construction in the second half of 2014 and conclude by opening day in 2017.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Request media kit

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties