You have reached your limit of free articles this month.

Enjoy unlimited access to myAJC.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and bonus content- exclusively for subscribers. Starting at just 99¢ for 8 weeks

X

Welcome to myAJC.com

This subscriber-only site gives you exclusive access to breaking news, in-depth coverage, exclusive interactives and bonus content.

You can read free articles of your choice a month that are only available on myAJC.com.

Falcons release details of minority-owned stadium contract plan


The Atlanta Falcons reached a deal Friday with state and city officials on how to ensure at least 31 percent of its new billion-dollar stadium construction awards go to minority or women-owned firms.

The team’s “Equal Business Opportunity Plan” sets certification and reporting standards for contractors on the downtown retractable-roof stadium, one of the biggest economic development projects in recent Atlanta history.

“From the inception of this project, we’ve always stated that we had a commitment to equal opportunity,” said Falcons president Rich McKay. “And this lays out a thorough and transparent process not just for us, but for our contractors to follow.”

The participation of minority- and women-owned businesses in the design and construction of the stadium was a key sticking point in the Atlanta City Council’s decision to use bonds backed by $200 million in hotel/motel taxes to help finance the stadium’s construction.

Councilman Ivory Lee Young Jr., who early on called for the Falcons to develop such a plan, said he’s encouraged by the team’s written commitment to inclusion. Young represents District 3 where the new stadium is expected to be built.

“It’s not just the profit margins of the contract; it’s the meaningful engagement of minority and female businesses that will carry a legacy that outlives the life of the stadium,” he said Friday.

Under the deal, the value of the contracts — not the number of workers — will count toward the goal, with nearly one of every three dollars going toward the minority- or female-owned businesses. Those companies must be certified by Atlanta’s equal business opportunity program.

City and state officials will monitor and occasionally audit compliance, while the contractors will be required to report details of their work quarterly. If any of the businesses “intentionally or recklessly” report false data, they’ll be fired, according to the contract.

Falcons owner Arthur Blank said this week that he’s confident the 31 percent quota will be exceeded: “But I want to make sure that we create the opportunities for folks living around the stadium in those communities.”

Kansas City-based 360 Architecture was selected last month to design the facility at a price of up to $35 million, and Falcons officials said a general contractor could be picked within two weeks.

Last week the team notified the five finalists for that lucrative deal: Holder Construction of Atlanta; Arizona-based Hunt Construction Group; Turner Construction Co. and Skanska USA, both with corporate offices in New York; and Bethesda, Md.-based Clark Construction Group. Skanska USA and Turner also have Atlanta offices.

The stadium, set to open in 2017, is to be funded by the Falcons, the NFL and proceeds from the sales of personal seat licenses. Additional hotel-motel tax funds will go toward financing, maintaining and operating the stadium over the next 30 years.

Falcons, city and state officials have not announced the site for the new stadium. They prefer a location immediately south of the Georgia Dome, but remain in negotiations with landowners, including two churches there. If a deal isn’t struck by August, team officials will build on another site a half-mile north of the Dome. The Georgia Dome ultimately will be demolished.

Staff writer Tim Tucker contributed to this report.


Reader Comments ...


Next Up in Business

Cutting property taxes tough, but possible

Founding Father Benjamin Franklin is quoted as saying: “In this world nothing can be said to be certain, except death and taxes.” But when it comes to property taxes, there’s likely still a way for you to change the outcome for this year. In all Georgia counties except Gwinnett, you still have time to appeal your assessment, though...
UPS strikes joint venture with Chinese firm
UPS strikes joint venture with Chinese firm

Sandy Springs-based UPS has struck a deal for a joint venture with Chinese logistics company SF Holding. UPS expects the partnership with SF Holding, the parent company of Chinese express logistics firm SF Express, to allow it to grow international deliveries from China to the United States and eventually to other destinations. The joint...
Thousands of travelers fill Hartsfield-Jackson for Memorial Day trips
Thousands of travelers fill Hartsfield-Jackson for Memorial Day trips

With tens of thousands of travelers heading to Hartsfield-Jackson International Airport for Memorial Day trips, some security lines were long but moved quickly Friday morning. The Memorial Day weekend marks the unofficial start of the busy summer travel season. Friday is expected to be the busiest day of the holiday travel weekend, according to the...
How a concrete company saved Atlanta’s commute
How a concrete company saved Atlanta’s commute

A soft rain peppered the worker’s orange safety vest and hard hat, but didn’t come close to snuffing the blue-flamed torch in his right hand. He signaled with his left to three other men also holding torches at intervals along the line of newly minted concrete girders. All the men leaned down, aimed their torches and burned through several...
Kempner: Radioactive question looms over Georgia’s nuclear mess at Vogtle
Kempner: Radioactive question looms over Georgia’s nuclear mess at Vogtle

Georgia’s nuclear mess is about to get way messier now that the chief contractor on the Plant Vogtle expansion has fled to bankruptcy court. So a new race is underway to see who can nab enough bubble wrap to insulate themselves from a fresh round of costly shocks. So far, Georgia Power has sidestepped virtually all of the financial reckoning...
More Stories