Sports
Get Your First Look at Braves' New Stadium
The stadium will be next to a $400 million mixed-use development which is being privately funded by the Braves.
The Atlanta Braves have released more information, including renderings, detailing their new Cobb County stadium and adjacent mixed-use development.
Initial renderings of the 60 acre site show that the stadium area will be enhanced by green space, an outdoor amphitheater, and nearly half a billion dollars in restaurants, retail, residential, and hotel space.
According to information provided by the Braves, the team will privately fund the $400 million mixed-use site, which is designed to be used year-round. The first phase of the project is slated to create 700,000 to 1 million square feet of facilities designed to "enhance the fan experience."
Initial estimates provided by the team claim that the mixed-use development will generate around $6 million in taxes for the county and $3 million in revenue for the Cobb County School District. Additionally, taxes generated specifically in the Cumberland Community Development District (CID) will go to pay off the bonds issued to fund the project.
The Braves Come to Cobb
- Cumberland CID Votes Itself A Tax Increase
- Anti-Braves Stadium Website, Petition Created
- Braves-to-Cobb Draws National Headlines
- Cobb DOT Prepares for Braves' Relocation
- Ott Undecided on Braves Stadium Plan
- Cobb Officials Urged Not to Rush Braves Deal
- Cobb to Fund 45 Percent of Braves Stadium
- Braves Announce Move to Cobb County
The renderings come on the heels of Tuesday's release of the memorandum of understanding between the Braves and Cobb County. You may download the referendum here. The total project will cost approximately $672 million, with Cobb County shouldering $300 million of the load.
Also on Tuesday, the CID's board elected to raise their own millage rates to help provide $10 million of additional funding to improve the transportation situation in the area, which borders the intersection of interstates 285 and 75.
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