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Not to be left behind by their Atlanta sports team counterparts, the Atlanta Hawks are getting an updated home. Last week, the Atlanta City Council approved an agreement with the Hawks to initiate an approximately $193 million overhaul of Philips Arena. This deal will keep the team downtown into the 2040s.
The arena will be renovated over muliple phases and should be completed in time for next year’s season. The Hawks will contribute $50 million, while the city will pay the remaining $142.5 million.
Downtown could also soon have more cultural attractions, as part of an entertainment district plan.