New site for Falcons stadium is official - CBS46 News

New site for Falcons stadium is official

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ATLANTA (CBS ATLANTA) -

It is official. The Atlanta Falcons organization notified the city Monday that it has chosen the south site as the final location for the construction of the new stadium. It will be built at the intersection of Martin Luther King Jr. Drive and Northside Drive.

The purchase agreements with Friendship Baptist Church and Mt. Vernon Baptist Church and the feasibility completion have cleared way for the preferred site to replace the Georgia Dome.

"This final decision regarding the location for the new stadium is the result of the efforts of many leaders within the City of Atlanta, State of Georgia, Georgia World Congress Center Authority and the two churches on the south site property," said Atlanta Falcons Owner and Chairman Arthur Blank in a press release Monday.

The Atlanta Falcons Stadium Company and the Georgia World Congress Center Authority will move forward in finalizing the documents necessary for an initial closing. StadCo is expected to present its schematic stadium design to the GWCCA Board for approval in late October.

"This decision today by the Falcons will have a positive impact on our great city for many years to come," Mayor Kasim Reed said Monday in a press release. "I'm proud of the hard work we invested in the south site as the best location for the new stadium. It took a little more work to get us to this place, but the long-term sustainability of the stadium and the surrounding neighborhoods were important priorities for me."

A final design will be completed by April 2014, when construction of the new stadium will begin. The new stadium will open in spring 2017, according to a press release.

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