(ATR)Georgia State University's redevelopment of Turner Field has come to a halt.
The university was expected to finalize its purchase of the site on Jan. 1 as the Atlanta Braves lease expired on Dec. 31, but the sale has been delayed.
Reports citing Georgia State officials say the sale is expected to be completed by the end of this week.
Though the site is currently being patrolled by university police, renovations cannot begin until the sale is completely finalized.
On Dec. 12, 2016 the Board of Regents approved Georgia State's purchase of 38 acres of the 68 acre site which includes the stadium and the adjacent parking lot for $22.8 million. The lot was the former location of the Atlanta-Fulton County Stadium and will be converted into the university's own baseball stadium. Georgia State’s plan to reinvent Turner Field includes converting the current baseball stadium into a 23,000 seat football facility at a cost of $26 million along with spending another $4 million to re-purpose the stadium's club level for academic use.
The school is still seeking naming rights partners for the future stadiums.
The remaining 30 acres will be sold to Georgia State’s development partner Carter and Associates. The company plans to spend $300 million to develop housing, retail space and school facilities in the areas surrounding the new complex.
The Georgia State Panthers plan to make Turner Field their new home beginning with the 2017 football season in September.
Written by Courtney Colquitt
Forgeneral comments or questions, click here.
25 Years at #1: Your best source of news about theOlympics is AroundTheRings.com, for subscribersonly.
Últimas Noticias
Sinner-Alcaraz, the duel that came to succeed the three phenomenons
Table tennis: Brazil’s Bruna Costa Alexandre will be Olympic and Paralympic in Paris 2024
Rugby 7s: the best player of 2023 would only play the medal match in Paris
Rhonex Kipruto, owner of the world record for the 10000 meters on the road, was suspended for six years
Katie Ledecky spoke about doping Chinese swimmers: “It’s difficult to go to Paris knowing that we’re going to compete with some of these athletes”
