The Cobb County Commission’s vote Tuesday to OK public funds for a new Atlanta Braves ballpark will mean higher taxes for businesses around the area where the stadium will be built. Longtime resistance to higher taxes in the county and in Georgia could mean public opposition to the project won’t end anytime soon.
Cobb County commissioners took a big step toward building a new $672 million stadium for the Atlanta Braves. The commissioners voted 4-1 to approve the entry into a memorandum of understanding with the baseball team at their meeting Tuesday evening. The deal calls for hundreds of millions of dollars in public funds to help pay for the stadium and entertainment complex. The 30-year agreement calls for a mix of reallocating existing property tax revenue and implementing new taxes on business and tourism in the area.
People in Cobb County got their chance Monday to weigh in on the proposed new Atlanta Braves stadium in their backyards. Meanwhile, watchdogs and taxpayer groups are mobilizing to slow the process of approving public money for the project. Three Cobb County commissioners had separate town halls to gather public input ahead of a vote scheduled Tuesday evening. But one watchdog group is pushing for more: a public referendum.
The Braves are just three seasons and $672 million away from a brand new home in Cobb County. A portion of that money, however, is expected to come not from the team, but from Cobb taxpayers. That could prove problematic. Atlanta's Mayor Kasim Reed said keeping the Braves in Atlanta could cost city taxpayers millions. But what does the new stadium mean for taxpayers in Cobb County?
The Atlanta Braves plan to move from their home at Turner Field to a new stadium in Cobb County in 2017. The new ballpark will be at the intersection of I-75 and I-285 in the Cumberland Mall/ Cobb Galleria area. The new stadium is projected to cost about $672 million including parking, infrastructure, and land. Atlanta Braves President John Scherholz says team officials wanted to find a prime destination for Braves fans.
It hasn’t been a good week for professional sports teams hailing from Atlanta. In the Braves’ and Falcons’ failures, however, are lessons for rebounding at work. These two teams were once thought of as rising stars – just like workers who enjoy success begin getting more responsibility. Brandon Smith explains how to rebound from a big work failure.
Authorities identified a fan who fell more than 60 feet from an upper-level platform at Atlanta's Turner Field as 29-year-old Ronald Homer of Conyers. The Fulton County Medical Examiner's Office early Tuesday released the man's identity and said an autopsy is planned for Tuesday.
The Atlanta Braves are studying the idea of creating a new train to take fans from downtown Atlanta to Turner Field. The team is partnering with Marietta-based American Maglev Technologies. The plan calls for two magnetic levitation automated cars to move fans at speeds of up to 40 mph.