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360 Architecture's $32.5M Fixed Fee For Falcons Stadium Approved By Team, GWCCA
Published May 1, 2013
SOMETHING IN THE WAY? NBC’s Brian Williams described the Falcons' efforts to build a new stadium as the “classic urban battle about the past and the future and the cost of giving way and letting development come through.” The net’s Ron Allen reported two historic churches sit on land the Falcons plan to develop for their new stadium, and the city is "offering millions of dollars if the churches agree to move.” Allen said the city’s first offer to Friendship Baptist Church is "nearly ten times its appraised value, about ten million dollars.” Atlanta Mayor Kasim Reed “will accept the church’s decision, but hopes they’ll take the offer.” Reed said, “They will be a stronger church, a stronger organization that is more capable because of the millions of dollars that we’re going to pay for the church.” Allen reported there is “another location for the stadium nearby that’s less desirable if both churches don’t agree to move." The congregations will "make their decisions in the coming weeks" (“Nightly News,” NBC, 4/30).