Who will pay for the new Braves stadium in Cobb County?

Who will pay for the new Braves stadium in Cobb County?

Posted: Updated:
COBB COUNTY, Ga. -

Now that Cobb County residents have had a day to get used to the idea of the Atlanta Braves moving to that area, some real questions have surfaced over how it will all be paid for.

The Braves announced plans on Monday to build a new $672 million facility near the intersection of Interstate 75 and Interstate 285 in Cobb County. The team would begin play in the new facility at the start of the 2017 season.

A new Insider Advantage-FOX 5 poll found that more than half of Cobb County residents said they are happy about the plans.  But those same residents said they don't want to spend tax dollars on the new stadium.

CLICK HERE TO READ MORE ON THE POLL

Cobb County Commissioner Bob Ott, who represents the area where the new stadium would be built, said that 99 percent of county taxpayers should not expect a tax increase.

"My belief is the people that are benefiting from the development should be the one footing the bill," Ott said. "The chairman knows that's my position and I think that is what he and the rest of the board are working towards."

The proposed site of the new stadium is in a currently undeveloped area near the Cobb Galleria and Cumberland Mall.  County officials said the new stadium will be part of a 60-acre mixed-use development with shops and restaurants and green space and possibly hotels.

Ott said the area could see 400,000 additional hotel nights in the area. That means an additional three or four hotels in the area beyond what is there now. Ott is asking the public to reserve judgment until the specifics on the deal is made public.

Specifics of the deal could come later this week.

County Commissioners are expected to vote on the proposal on Nov. 26.

  • More Local NewsMore>>

  • Officer-involved shooting at Woodruff Park

    Officer-involved shooting at Woodruff Park

    Wednesday, August 27 2014 4:41 PM EDT2014-08-27 20:41:32 GMT
    The Atlanta Police Department has confirmed an officer has been involved in a shooting at Woodruff Park in downtown Atlanta.
    The Atlanta Police Department has confirmed an officer has been involved in a shooting at Woodruff Park in downtown Atlanta.
  • Special election to replace DeKalb ex-official

    Special election to replace DeKalb ex-official

    Wednesday, August 27 2014 3:43 PM EDT2014-08-27 19:43:32 GMT
    The DeKalb County Board of Registration and Elections is holding a special election to replace a member who resigned on Monday. Former Commissioner Elaine Boyer was granted $25,000 bond after appearing in court Tuesday for criminal charges accusing her of mail fraud conspiracy and wire fraud.
    The DeKalb County Board of Registration and Elections is holding a special election to replace a member who resigned on Monday. Former Commissioner Elaine Boyer was granted $25,000 bond after appearing in court Tuesday for criminal charges accusing her of mail fraud conspiracy and wire fraud.
  • Carrollton police: Fourth arrest made in 13-year-old's death

    Carrollton police: Fourth arrest made in 13-year-old's death

    Wednesday, August 27 2014 3:20 PM EDT2014-08-27 19:20:19 GMT
    Three of the four suspects arrested in connection with the murder of a 13-year-old Carroll County teen are due in court Wednesday.
    Three of the four suspects arrested in connection with the murder of a 13-year-old Carroll County teen are due in court Wednesday.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices