Ridgeland’s Butler Snow served as bond counsel in Wednesday’s closing on $376.6 million in bonds for construction of the new Atlanta Braves stadium scheduled to open in Cobb County for the 2017 season.
Cobb-Marietta Coliseum and Exhibit Hall Authority issued Wednesday’s portion of the bonds. Butler Snow attorneys Lesly Gaynor Murray, Blake C. Sharpton and Ryan L. Pratt handled the transaction..
Funding for the stadium’s estimated $622 million cost will also include money from the Braves and a public-private partnership made up of businesses in the Cumberland Community Improvement District.
The 41,500-seat stadium, situated at the interchange of interstates 75 and 285, will occupy approximately 15 acres of a larger tract the Braves are developing as a mixed-use development.