Quote: At the May 19 stadium groundbreaking, Falcons owner Arthur Blank said the building "will be iconic in every sense of the word. With the unique design, the 360-degree 60-foot-high video board, the retractable roof, the window to the city (and) the adaptability to many other events, our goal is for this building to be a landmark to the city and the state."
Location: Cumberland area, Cobb County.
Cost: An estimated $672 million. A mixed-use development will be part of the stadium project.
Public portion: Cobb County will pay $276 million from the coliseum authority, which will issue 30-year revenue bonds to fund the county's share. Another $14 million will come from the county for transportation improvements, and $10 million, from the Cumberland Community Improvement District. Existing property taxes will account for $8.7 million of the county's contribution. There will be no increase in property tax millage rates for homeowners, but there are new taxes for others, including a 3-percent rental car tax; and a 3-mill property tax increase for businesses and $3-per-night charge for hotel rooms in the Cumberland Special Services District.
Opening: Opening Day 2017.
Quote: "By taking on more than 90 percent of the upfront costs of the stadium, we are minimizing the amount that has to be bonded by Cobb County," a Braves news release said in November. It concludes by saying the agreement is "a very sound deal for the Braves, the Cobb taxpayer, and the Cobb business community."
Source: Atlanta Journal-Constitution news reports