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Started By
Message
New Atlanta football stadium passes funding test
Posted on 12/10/12 at 9:06 pm
Posted on 12/10/12 at 9:06 pm
quote:
ATLANTA (Reuters) - A Georgia state agency on Monday approved terms for a new $1 billion stadium for the Atlanta Falcons football team that would replace the Georgia Dome and would be partly financed by $300 million in revenue from a hotel tax.
The Georgia World Congress Center Authority signed off on the plan, which will include new bonds backed by revenue from the city's hotel tax of 8 percent, said Jennifer LeMaster, a spokeswoman for the agency.
The bonds will likely be issued in about a year, she said.
The Falcons will pay the remainder of the cost of the new stadium, which will have a retractable roof and replace the Georgia Dome, which was completed in 1992.
The goal is to have the new stadium completed by the 2017 NFL season, LeMaster said.
The Falcons wanted an open-air stadium and more control over management of the facility, LeMaster explained. The primary purpose of the new stadium is to keep the Falcons in Atlanta, she said.
It is hoped that the new stadium, which could have a capacity of up to 80,000 fans, will also encourage the NFL to hold a Super Bowl in Atlanta, LeMaster said.
"We're interested in the deal because our lease with the team is up in about four years," she said. "We don't want our team to be free agents."
The deal is still contingent on the Georgia legislature increasing the bonding capacity of the World Congress Center Authority from its current $200 million to $300 million, LeMaster explained.
LINK
Posted on 12/10/12 at 9:08 pm to Tmacelroy12
Good news. They can half fill that too.
:rimshot:
:rimshot:
Posted on 12/10/12 at 9:08 pm to Tmacelroy12
Is the Georgia Dome a dump? It's still modern. Kind of remind me of STL's Dome. Both were built in the 90's and they already want new stadiums
Posted on 12/10/12 at 9:10 pm to bayou2003
Edward Jones Dome is a fricking DUMP.
Posted on 12/10/12 at 9:11 pm to UltimateHog
quote:
Atlanta is a fricking DUMP.
FIFY
Posted on 12/10/12 at 9:12 pm to UltimateHog
Would be a gigantic waste. There is nothing at all wrong with the Georgia Dome. It opened just 20 years ago this past September.
Posted on 12/10/12 at 9:13 pm to Tmacelroy12
The Georgia Dome still has a lot of life left to me.
Are they going to be the stadium at the old Ford plant?
Are they going to be the stadium at the old Ford plant?
Posted on 12/10/12 at 9:13 pm to bayou2003
Where are they going to find 80,000 Falcons fans? Certainly not in Atlanta
Posted on 12/10/12 at 9:13 pm to Tmacelroy12
80,000?
Lol
Just put half that
Lol
Just put half that
Posted on 12/10/12 at 9:15 pm to UltimateHog
quote:
Good news. They can half fill that too.
-
This post was edited on 12/10/12 at 9:19 pm
Posted on 12/10/12 at 9:17 pm to NOTORlOUSD
This is a complete waste. The Georgia Dome is not a football Mecca, but it certainly is serviceable and in decent shape.
Posted on 12/10/12 at 9:19 pm to NOTORlOUSD
Wow. Go Carolina.
Where is Seattle's "12th man"?
Where is Seattle's "12th man"?
Posted on 12/10/12 at 9:20 pm to Tmacelroy12
I read OP and refused to scroll down...I can only imagine how this thread is going
Posted on 12/10/12 at 9:21 pm to alajones
quote:
Where is Seattle's "12th man"?
I believe capacity is around 66,000.
They fill like 50% for Sounders games.
Posted on 12/10/12 at 9:21 pm to beaver
Yeah, I thought it was pretty odd too when I read it. Wasn't it built when ATL was gearing for the olympics?
Posted on 12/10/12 at 9:22 pm to Vicks Kennel Club
Oh.
Well then I'm the dumbass.
Well then I'm the dumbass.
Posted on 12/10/12 at 9:23 pm to alajones
quote:
Where is Seattle's "12th man"?
In Seattle.
They fill 101.4% of their stadium.
Posted on 12/10/12 at 9:25 pm to NOTORlOUSD
quote:That's how many paid to go. That's definitely not how many showed up and sure as hell won't be how many show up in an open air stadium.
NOTORlOUSD
ETA: Just saw retractable roof. Still won't be filled up consistently though. And there was absolutely 0 risk of the Falcons leaving Atlanta.
This post was edited on 12/10/12 at 9:29 pm
Posted on 12/10/12 at 9:25 pm to UltimateHog
Dallas getting the extra 8% for selling all them standing room only tickets. Jerry and his infinite business wisdom, milk the pig for all its worth.
Posted on 12/10/12 at 9:25 pm to NOTORlOUSD
He said fill not buy tickets to.
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