Atlanta Finds $14.5M To Buy Church For Falcons Stadium Site
Atlanta city officials "have found the private funds needed to purchase Mount Vernon Baptist Church, potentially clearing the last obstacle to building" the Falcons' proposed $1B stadium. A negotiated price of $14.5M is "tentative," and the Mount Vernon congregation "has yet to vote on the proposal." Talks with the church "broke down" in late July when Mount Vernon rejected a $6.2M purchase offer. Atlanta officials last month reached a deal with nearby Friendship Baptist (ATLANTA JOURNAL-CONSTITUTION, 9/12).