The Georgia Dome will be going on its 22nd year of operation in 2013, and its tenure as the Atlanta Falcons home appears to be drawing to a close. Team executives met in an Atlanta City Council meeting on Wednesday to discuss its proposal for a new stadium, voicing the aspiration to be playing in a new stadium by the time the 2017 season rolls around.
According to reports, the Georgia Dome will require $350 million in repairs over the next five to seven years. At this point, that amount would total to more than what the Falcons plan to ask for the city of Atlanta to pay for a new stadium. As Jeff Schultz says, though, the figure given is an escalated political tactic.
Their current proposal for a potential billion dollar stadium uses a private/public partnership to cover 20 percent of the overall cost with a hotel/motel tax. The team plans to cover the rest.
Duriya Farooqui, Atlanta's chief operating officer, said new stadiums in Houston, Phoenix, Indianapolis and Arlington were paid for with more public money than in the terms presented by the Falcons. Residents on hand for the meeting voiced concerns about taxes being raised. A majority of issues brought up came from residents near the area the Georgia Dome is located in now.
Falcons plan to have a new stadium by 2017
The Falcoholic | Feb 14