GSU Buys The Ted

by The 100 Companies

Georgia State University officially purchased Turner Field Jan. 5. That means GSU and Carter can move forward with redevelopment plans for the 68-acre site.

Georgia State will spend $52.8 million to purchase and redevelop the Ted and the nearby properties, with the help of partners like Atlanta-based HGOR, which has previously redesigned walkable, mixed-use developments. The majority of the money will go toward the stadium itself – including a new field, which Georgia State hopes to play football on as early as this fall.

The completion of this sale is a major win for future downtown redevelopment.

Sarah Funderburk, SPR Atlanta

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