Atlanta Braves Executive Vice President of Business Operations Mike Plant spoke before the Sandy Springs Perimeter Chamber of Commerce on Tuesday to tout and explain Cobb County’s new $672 million stadium and mixed use development at the intersection of Interstates 75 and 285. He specifically assured the audience that “the parking and transportation issue will be resolved” in the Cumberland Mall area by the time the 82-acre stadium/mixed use development opens in April 2017. Plant, while showing various artist renditions of the project, also warned the audience “not to believe everything you read in the newspaper” because planning is still evolving and some changes in design will occur.

The public contribution for the stadium construction project is estimated at $392 million, with funds coming from a bond issuance, a new Special Purpose Local Option Sales Tax (SPLOST) to be decided upon by Cobb voters this Nov. 4 and an estimated $10 million in cash from businesses in the Cumberland Community Improvement District. The baseball organization’s contribution is estimated to be $230 million, which could be increased to $280 million at the team owners’ discretion. 

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