Ga. State signs contract for Turner Field project

[private]All parties have signed on to a contract for the sale of Turner Field as part of a $300 million development project on 67 acres south of the state capitol complex.

The Georgia State University Foundation, Carter and Associates, and Oakwood Development will buy Turner Field and the surrounding property from the Atlanta-Fulton County Recreation Authority for $30 million.

Turner Field will be repurposed as a football stadium for Georgia State, while a baseball diamond and stands will be constructed for Georgia State’s baseball team on the site of the now-demolished Atlanta-Fulton County Stadium.  The parking lots surrounding Turner Field will be developed as a mixed-use retail and residential complex.

“Turner Field may no longer be a baseball stadium, but it will still be a field of dreams and it will inspire a neighborhood of dreams,” Atlanta Mayor Kasim Reed said at a Thursday press conference.

“Today is about letting go of all the parking lots that dominate this area,” Reed said.  “Goodbye, asphalt eyesores.”

Reed said the sale should be closed by Dec. 31, although the Board of Regents will also have to approve the transaction.  It will take an estimated five years to build out the project.

Turner Field was originally constructed as the Olympic stadium in 1996, then converted to a baseball stadium for the Atlanta Braves in 1997.

The Braves announced three years ago they are moving to Cobb County after the current baseball season.

© 2016 by The Georgia Report

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Tags: Georgia State University , Kasim Reed , Turner Field