An expert on stadia and urban planning says if there’s any city that could successfully convert Turner Field once the Braves leave, it is Atlanta.
Real estate giant Cushman & Wakefield spoke to Bruce Seaman, an economics professor at GSU who analyzed the impact of Turner Field and the Dome. He says Atlanta has a strong track record in large-scale redevelopment projects.
“Any success in achieving viable mixed-use commercial, and further residential, development in that area can only be viewed as a very significant benefit to the City of Atlanta and the general downtown area,” Seaman said. “Atlanta has been generally quite successful using TAD (tax allocation district) funding arrangements (perhaps most notably related to Atlantic Station, and the Beltline), and that is an option for this area as well.
“[GSU's proposal] is a very serious proposal, and the likelihood of a combination of privately funded housing and related services development along with the university combining public and private funding to further expand south of the main campus must be viewed as reasonably high.”