Two finalists emerge to develop Braves’ mixed-use complex | www.myajc.com

15
Feb

Two finalists emerge to develop Braves’ mixed-use complex | www.myajc.com

Moving forward with plans to build a mixed-use complex adjacent to their new stadium, the Atlanta Braves have selected two finalists from the field of real estate developers seeking to lead the project.

According to three people with direct knowledge of the process, one finalist is a group consisting of an Atlanta-led team of Cincinnati-based North American Properties, Houston-based Hines Interests and Los Angeles-based AEG. The other is a tandem of two Atlanta-based firms, Pope & Land Enterprises and Fuqua Development.

The next step is for the Braves to get detailed proposals from the two groups on developing and financing a 45-acre mix of shops, restaurants, bars, offices, residences and hotels. The team wants the bulk of the Cobb County complex to open along with the stadium in 2017.

The ability to control such a development was a driving factor in the decision to relocate from Turner Field to Cobb.

The Braves said last month that more than a dozen developers or groups of developers responded to a request for qualifications. The firms that form the two finalist groups are well known in real-estate development circles:

via Two finalists emerge to develop Braves’ mixed-use complex | www.myajc.com.

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