Georgia World Congress Center Authority officials approved a plan to build a new $1 billion stadium in downtown Atlanta.
The proposal calls for the Atlanta Falcons to pay $800 million for the stadium, with the remaining $200 million coming from the city's hotel-motel tax.
The plan must still be approved by the Atlanta City Council and Invest Atlanta boards.
"I think this is an extraordinary first step. There are a few more steps that have to be taken in order to make this all final. But I think as the economic development arm for the city of Atlanta, our perspective is that this is going to be a world-class facility," said Brian McGowan, the president of Invest Atlanta.
The location of the proposed stadium hinges on moving two churches near the preferred site. Both congregations have deep roots in the area.
Mount Vernon Baptist Church and Friendship Baptist Church would have to accept deals to relocate from the area of Martin Luther King, Jr. Drive and Northside Drive.
Beyond questions about the stadium site, critics say the process is moving too fast. They say the ultimate public cost could be high.
"This thing is going through so fast, it's amazing, and I think they are shoving it through like this because they don't want the public to know the terms of the deals," said William Perry, the executive director of Common Cause Georgia.
Georgia World Congress Center Executive Director Frank Poe said that if churches decide they do not want to move, the stadium will go to an alternative site near the Georgia Dome.
Friday, May 17 2013 11:45 PM EDT2013-05-18 03:45:14 GMT
Atlanta Falcons general manager Thomas Dimitroff biked his way to work on Friday. Dimitroff rode from Buckhead to The Georgia Dome as part of "National Bike to Work Day."
Atlanta Falcons general manager Thomas Dimitroff biked his way to work on Friday. Dimitroff rode from Buckhead to The Georgia Dome as part of "National Bike to Work Day."
Monday, May 13 2013 7:19 PM EDT2013-05-13 23:19:20 GMT
Former Atlanta Falcons star Warrick Dunn is now a graduate of Emory University. He was awarded a business degree after completing the university's Executive MBA program.
Former Atlanta Falcons star Warrick Dunn is now a graduate of Emory University. He was awarded a business degree after completing the university's Executive MBA program.
Monday, May 13 2013 10:01 AM EDT2013-05-13 14:01:16 GMT
It's that time of year again! The Falcons Golf Tournament at the River Club in Suwanee is Monday, and it starts 10 a.m. Good Day Atlanta's Buck Lanford is in the tournament and he spoke with quarterback Matt Ryan.
It's that time of year again! The Falcons Golf Tournament at the River Club in Suwanee is Monday, and it starts 10 a.m. Good Day Atlanta's Buck Lanford is in the tournament and he spoke with quarterback Matt Ryan and Coach Mike Smith!
Saturday, May 18 2013 10:48 AM EDT2013-05-18 14:48:25 GMT
Nearly 100 adult students who returned to school will graduate with their GED Saturday. The Harris County Department of Education GED program proves it's never too late to learn.
Nearly 100 adult students who returned to school will graduate with their GED Saturday. The Harris County Department of Education GED program proves it's never too late to learn.
Saturday, May 18 2013 10:17 AM EDT2013-05-18 14:17:50 GMT
Saturday is the 9th annual Impact A Hero Run, Walk and Wheel event at Reliant Park. Chairman Jim Hoelker and Houston Texans' player Chris Meyers spoke with Fox 26 weekend morning anchor Sally MacDonald.
Saturday is the 9th annual Impact A Hero Run, Walk and Wheel event at Reliant Park. Chairman Jim Hoelker and Houston Texans' player Chris Meyers spoke with Fox 26 weekend morning anchor Sally MacDonald.
Saturday, May 18 2013 10:04 AM EDT2013-05-18 14:04:10 GMT
What can you achieve in 90 seconds? To mark Armed Forces Day, all across the country Americans will be taking the push up challenge hoping to raise money for our service members.
What can you achieve in 90 seconds? To mark Armed Forces Day, all across the country Americans will be taking the push up challenge hoping to raise money for our service members.
Friday, May 17 2013 10:31 PM EDT2013-05-18 02:31:14 GMT
Scientists from Baylor University are scheduled to exhume the remains of undocumented and unidentified immigrants buried in the Falfurrias city cemetery Sunday.
Scientists from Baylor University are scheduled to exhume the remains of undocumented and unidentified immigrants buried in the Falfurrias city cemetery Sunday.