Falcons owner Arthur Blank says the stadium will cost one and a half billion dollars to complete. That amount is 100 million more than the most recent estimate and a half a billion more than when the stadium was first announced.
Red, white, and gold -- they were the original colors of the Atlanta Falcons, and now they will represent Atlanta's new Major League Soccer team. After weeks of speculation, Falcons owner Arthur Blank confirmed Wednesday evening he is founding an MLS team. MLS Commissioner Don Garber says this is part of the league's broader expansion into the Southeast. "Atlanta's one of the largest markets in North America, it happens to be the largest market without an MLS team. It's very diverse, very rich in sports tradition.”
A Major League Soccer franchise would do well in Atlanta, according to soccer commentator Ives Galarcep of the widely-read website SoccerByIves.net. "I have known Atlanta for some time to be a pretty good soccer city, a bit of an underrated soccer city," he said. Atlanta consistently ranks among the top 25 cities in generating traffic to Galarcep's website, he said, despite not currently having an MLS team.
Atlanta Falcons owner Arthur Blank says the team expects to have a site for its new stadium in the next two weeks. Blank outlined the timeframe during a Wednesday forum that included business leaders in the community.