Friday, April 27, 2012

Will the SEC Championship Game get a new $1 billion dollar home?

It's only in the discussion stages now, but there is a plan being worked out for a new stadium home for the Atlanta Falcons. One that would in all probability also be the new home for the SEC Championship Game, the Chick-fil-A Kickoff Game, and the Chick-fil-A Bowl.

The Atlanta Falcons have been talking with the Georgia World Congress Center Authority, which manages the team's current home in the Georgia Dome, about a new retractable roof stadium. The reported cost of the new facility is estimated by the GWCC to be around $947.7 million. However, two outside analysts say the project's costs could reach over $1 billion.

The new stadium would also be in all probability be used for annual events like the SEC Championship Game and the Chick-fil-A Kickoff Game, as well as possible future events such as the Super Bowl or NCAA Final Four. That would be due to the fact that the Georgia Dome would be demolished.

The reason for the new stadium? Falcons' owner Arthur Blank reportedly wanted a new open-air stadium for the team, which would provided new revenue in comparrison with the Georiga Dome, which arguably had peaked as a revenue-producing facility. The GWCC wanted a facility that could be used year-round. A compromise was obviously reached with the retractable roof. That or Blank was playing poker for a new retractable roof stadium roof from the start, which wouldn't be a shock.

(via The Atlanta Journal-Constitution)

No comments: