A state agency signed off Tuesday on the latest plans — and the latest price — for the new Atlanta Falcons stadium.
The story you're reading is premium content from The Atlanta Journal-Constitution. Subscribers get total access to all our in-depth news, digital editions and exclusive premium content. You can now also buy a 24-hour digital pass or 7-day digital pass.
AJC Print subscriber - I've already registered my account.Sign In
AJC Print subscriber - I need to register my account for digital access.Access Digital
Read MyAJC.com now - 24-hour digital pass99¢ for 24-hours
Read MyAJC.com all week - 7-day digital pass$3.99 for 7-days
Subscribe to AJC for as little as 33¢ per dayView Offers
Here are some upcoming steps in the Falcons stadium project:
More land acquisition: The Georgia World Congress Center Authority is attempting to acquire five small parcels of land on or near the stadium site, totaling about 2 acres. The state agency has begun the process of using eminent domain to acquire one of the parcels, a gravel parking lot. The GWCCA apparently has made progress in negotiations with the owners of the other four.
Community benefits package and bond issuance: A community benefits plan/agreement, addressing how $30 million will be spent in neighborhoods directly impacted by the stadium, must be approved by the Atlanta City Council and Mayor Kasim Reed before bonds can be issued to fund the $200 million taxpayer portion of the stadium’s construction cost.
Definitive contracts: The Falcons, GWCCA and Invest Atlanta (the city’s development authority) continue to negotiate definitive contracts about various aspects of the stadium deal. These documents will supersede the memorandum of understanding signed in April. Some of the new documents were to have been signed by Oct. 31, but that has been delayed because of open issues. The new goal is to get them done in November.
Personal seat-license sales: To help fund the cost of the stadium, the Falcons plan to ask fans to pay one-time fees for the right to buy future season tickets. The team hasn’t provided any details about the seat-license program, such as prices. Team president Rich McKay suggested this week that answers won’t be available before next year.
More design work: With the schematic plans approved, the design process will continue. More detailed drawings are due in January.
Groundbreaking: Planned for April.
— Tim Tucker
ON MY AJC.COM
Atlanta isn’t the only city with stadium dreams. See what other projects are on the drawing boards around the country.