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Atlanta Braves to leave Turner Field


NorthSideSox72

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QUOTE (Swingandalongonetoleft @ Nov 14, 2013 -> 01:27 PM)
Which is a shame, because in my experience, MARTA is probably as pleasant as it gets it when it comes to public transportation systems in a major city.

The leadership in Cobb County has been quite clear that they don't want the types of people found in Atlanta coming to their county.

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Playing the part of the ignorant devils advocate here, wouldnt a stadium in their county create a positive economic impact down the line? There has to be some sort of money that the team will be giving to the county in taxes that will help their financial woes, right?

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QUOTE (KyYlE23 @ Nov 14, 2013 -> 12:47 PM)
Playing the part of the ignorant devils advocate here, wouldnt a stadium in their county create a positive economic impact down the line? There has to be some sort of money that the team will be giving to the county in taxes that will help their financial woes, right?

I think there are a lot of variables. Does the county need to take out a loan? If so, how much? What is the length? What's the total they will need to pay back?

 

I think the stadium in Miami is going to cost the city over a BILLION dollars to pay off the loan to build it.

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QUOTE (KyYlE23 @ Nov 14, 2013 -> 12:47 PM)
Playing the part of the ignorant devils advocate here, wouldnt a stadium in their county create a positive economic impact down the line? There has to be some sort of money that the team will be giving to the county in taxes that will help their financial woes, right?

It's been pretty much debunked that cities recoup their investment in stadiums.

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QUOTE (KyYlE23 @ Nov 14, 2013 -> 01:58 PM)
How much is Cobb County picking up?

On paper, $302 million of the cost, which will be mostly financed.

Cobb County government will spend $300 million on a new Atlanta Braves stadium and mixed use development near the interstates 75 and 285, according to a summary of the financial agreement released Thursday morning.

 

All told, the development will cost $672 million, with the Braves covering the rest of the costs.

 

The release says the team, county and Cobb-Marietta Coliseum Authority, which will own the ballpark, are still finalizing a Memorandum of Understanding, which will be the legal document guiding the partnership.

 

But a summary of details of the MOU show that the county will pay:

 

$276 million from the coliseum authority, which will issue 30-year revenue bonds to fund the county’s share.

$14 million from the county for transportation improvements.

$10 million from the Cumberland Community Improvement District.

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QUOTE (KyYlE23 @ Nov 14, 2013 -> 12:47 PM)
Playing the part of the ignorant devils advocate here, wouldnt a stadium in their county create a positive economic impact down the line? There has to be some sort of money that the team will be giving to the county in taxes that will help their financial woes, right?

 

 

Unless there's something with the parking....

 

Let's be honest. Turner Field is essentially in an area that's similar to the South Side of Chicago in the 1960's/70's/early to mid 80's.

 

It's about race, safety, crime.....racism, however you want to look at it.

 

A majority of their fans are from the surrounding/outlying suburbs, whereas only 1-2% are coming from that area of the city.

 

If you go back in history, the City of Atlanta in 1995-96 actually rounded up homeless people, drug dealers/users, veterans...and forcibly relocated them to an area outside of the city during the Olympics.

 

 

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QUOTE (caulfield12 @ Nov 14, 2013 -> 01:11 PM)
Unless there's something with the parking....

 

Let's be honest. Turner Field is essentially in an area that's similar to the South Side of Chicago in the 1960's/70's/early to mid 80's.

 

It's about race, safety, crime.....racism, however you want to look at it.

 

A majority of their fans are from the surrounding/outlying suburbs, whereas only 1-2% are coming from that area of the city.

 

If you go back in history, the City of Atlanta in 1995-96 actually rounded up homeless people, drug dealers/users, veterans...and forcibly relocated them to an area outside of the city during the Olympics.

 

Isn't that standard for every Olympic host?

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QUOTE (southsider2k5 @ Nov 14, 2013 -> 02:02 PM)
Are the governing bodies connected?

 

I live in the neighboring county to Cobb and no, the school board and county commission are in no way related. The taxes, set by the commissioners for fire/police/etc. and by the school board for education, are collected in one sum by the county but are distributed to the commission and school board. They're completely separate budgets.

 

As was mentioned, Turner Field was built for the Olympics and not for the Braves...the Braves were offered to use the stadium with a pretty nice deal that included gentrification around the park as well as improved access to/from the park. There have been absolutely no improvements made to that area...it's awful. There is no MARTA stop at Turner and it's in the hood. Turner also is going to require extensive work to be done and the city said they weren't going to pick up a dime of the cost.

 

Cobb is paying for their portion of the stadium using existing hotel taxes...property tax/sales tax rates will not increase to pay for it (despite a Tea Party robocall claiming the opposite).

 

Congestion will be an issue....the Cumberland area where the park will be built (285/75 interchange) is already a mess and, as someone else mentioned, Cobb has absolutely no interest in bringing a MARTA line into their county. I'm not real sure how they're going to handle the congestion...this will be, by far, the biggest challenge to building out here.

 

I think it'll be a great move for the Braves....they're moving to an area with more disposable income as well as an area people will feel safe walking to the park and parking their cars. Many folks in Cobb are against the move but that's not surprising because most people down here are reluctant to accept many changes.....I think once the park is built and hosting games, it will be a success and embraced by the community.

 

 

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