Mayor Kasim Reed says Atlanta has reached a $19.5 million preliminary deal to buy the property of one of two churches needed to build a new stadium for the Atlanta Falcons. Reed said Tuesday that the deal must still be ratified by officials at Friendship Baptist Church.
A state agency negotiating for land to build a new NFL stadium has broken off talks with one of two churches in its path. The Georgia World Congress Center Authority informed Mount Vernon Baptist Church in a letter that it is "officially terminating negotiations" and "abandoning its efforts" to purchase the church's property on the southwest edge of downtown Atlanta.
Attention is shifting to a second site for a stadium that would be the new home for the Atlanta Falcons. A deadline to buy two churches on the stadium's preferred site is just over a week away, and no deal with the congregations has been reached.
The Atlanta Falcons and the Georgia World Congress Center Authority have selected five architectural firms as finalists to design a proposed $1 billion retractable-roof stadium. GWCCA officials said finalists will prepare proposals including conceptual designs and will be interviewed within 30 days.