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SBD/May 16, 2014/Facilities
Published May 16, 2014
EAT A PEACH FOR PEACE: In Atlanta, Dan Klepal notes Cobb County officials on Thursday "released new projections for property and sales tax revenues" from the Braves' new ballpark and mixed-use development, saying that the venture "is a good investment that will bring in more dollars than property owners will spend on it." Cobb County Commission Chair Tim Lee said that the ballpark will generate $4.8M in "sales and property taxes in 2018, while the team's private development of shops, restaurants, offices and hotel will bring in another" $7.8M in the same year (ATLANTA JOURNAL-CONSTITUTION, 5/16).
WHEN I PAINT MY MASTERPIECE: In K.C., James Dornbrook noted the Chiefs' new Art Program was created because Arrowhead Stadium has a year-round meeting area with "huge empty spaces and long bare walls," and the Chiefs "want it to be an attractive space." Chiefs Chair & CEO Clark Hunt's sister, Sharron Hunt, "serves as the chairperson of the arts program." She assembled a council of "leading art experts" in the K.C. area, which "put out a call for artists in June 2012, seeking to commission work specifically" for the stadium (BIZJOURNALS.com, 5/14).