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New Falcons Stadium: Project Cost Could Rise To $1.2 Billion

The site of the Atlanta Falcons new stadium is in need of improvements, which could drive the cost of the project all the way up to $1.2 billion. Atlanta Mayor Kasim Reed, who supports the project, said a variety of upgrades to sidewalks, roads and other amenities could boost the project price to the larger sum, according to this report by the Atlanta Journal-Constitution.

Reed apparently did not say that the estimated cost of the stadium itself would rise from $948 billion, but the city, state and Falcons organization are still going to need to come up with more cash for the project to be an overall success.

The current plan is to build a football stadium with a retractable-roof, but a decision on a location has not been announced and a final design has not been commissioned, the AJC report said.

For more on the Atlanta Falcons, be sure to check out The Falcoholic, SB Nation Atlanta and SB Nation's NFL page.

Photographs by coka_koehler used in background montage under Creative Commons. Thank you.