Carter, GSU Tapped For $300M Turner Field Project
Carter and Georgia State University are now officially in final negotiations to redevelop Turner Field and 70 adjacent acres.
Once sold, the transaction will give Carter and GSU a green light to move forward on a proposed $300M mixed-use project that will include student housing, apartments, retail and a transformation of the former Braves stadium into a football stadium, a project that received public endorsement from Atlanta mayor Kasim Reed, according to the Atlanta Journal-Constitution.
The redevelopment is slated for delivery within five years. [AJC]