The $1.5 billion stadium, where the Los Angeles Rams and New England Patriots will face off Sunday, was built with $200 million in public financing upfront. A portion of the city’s hotel-motel sales taxes will fund $700 million to $900 million in stadium upkeep costs for the next three decades, based on current hospitality tax collections.
Atlanta Super Bowl Host Committee officials Brett Daniels, left, Dan Corso, Mayor Keisha Lance Bottoms and Falcons owner Arthur Blank talk at the re-opening celebration of John F. Kennedy Park. NFL Commissioner Roger Goodell, Blank and Bottoms helped commemorate the re-opening of the park, which underwent a five-month renovation as part of a gift from the NFL Foundation and the Atlanta Super Bowl Host Committee. J. SCOTT TRUBEY/STRUBEY@AJC.com
Blank has committed $30 million to neighborhood revitalization efforts, with the city chipping in $15 million. Those dollars have attracted tens of millions in additional charitable and government grants to improve public safety, job training and preserve and create affordable housing.
The effort is a work in progress, though it has notched wins in education, infrastructure improvements and new affordable housing units. But real estate speculation risks pricing out longtime residents.
Bottoms said she used to take ballet at Hollis when it was known as Kennedy Middle School. It was an oasis for her during times of family turmoil.
“The children who will play on these fields will grow to be something more than you all could ever imagine,” she said, her voice breaking. “You probably cannot begin to understand what it means to this community to have a safe place and space that you long to return to.”