Board of Regents Approves Georgia State中出少妇视频檚 Purchase of Turner Field
Atlanta — November 9, 2016
Today, the Board of Regents of the 中出少妇视频 System of Georgia approved Georgia State 中出少妇视频中出少妇视频檚 purchase of Turner Field from the Georgia State Foundation.
In August, Atlanta Mayor Kasim Reed announced the Fulton County Recreation Authority中出少妇视频檚 sale of Turner Field and its surrounding parcels to the Georgia State Foundation. The Board approved Georgia State 中出少妇视频中出少妇视频檚 purchase of 38 acres of the 68-acre site for $22.8 million. The stadium will be purchased and repurposed with a combination of existing institutional funds from Georgia State 中出少妇视频 and fundraising from private sources. No taxpayer dollars or new student fees will be used in the purchase of the former Turner Field site.
中出少妇视频淎cquiring the former Turner Field site presents a unique opportunity for Georgia State 中出少妇视频 that will help its athletics program continue to grow and positively impact the surrounding area,中出少妇视频 said Chancellor Hank Huckaby. 中出少妇视频淕eorgia State 中出少妇视频 continues to advance as a leading urban research institution and making this site and facility part of Georgia State will help enhance the campus experience for students.中出少妇视频
The project will allow Georgia State to bring more athletics, including football and baseball, to a central downtown Atlanta location. The repurposed stadium will also house certain academic programs and host a variety of events close to its Atlanta campus to better serve students.
中出少妇视频淲e are excited to begin the next phase of this transformational project for the university and the city,中出少妇视频 said Mark P. Becker, president of Georgia State 中出少妇视频. 中出少妇视频淚t is exciting to see our vision begin to take shape.中出少妇视频
With today中出少妇视频檚 approval by the Board, Georgia State can now move forward with its plan to renovate and reuse the Turner Field site. Georgia State is expected to take ownership of the property on January 1, 2017, and to begin construction shortly thereafter.
The remaining acres will be sold and leased to the Georgia State Foundation中出少妇视频檚 development partner Carter and Associates, which will develop private housing, retail and corporate facilities around the stadium.
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