by Michael C. Lowe | October 01, 2014

Local Update

A new $1.2 billion stadium will serve as the home of the Atlanta Falcons NFL football team upon completion in 2017. The project, which broke ground in May, spans 1.8 million square feet and will feature a retractable roof.

Not to be outdone by the Falcons, in 2017 the Atlanta Braves baseball team will be moving into its new home -- a $672 million stadium project with seating for approximately 42,000 people. An entertainment complex being built to the tune of $400 million will surround the stadium and will include more than 700,000 square feet of retail, restaurant, residential, hotel and office space.

The Aloft Atlanta Downtown, the first Aloft hotel in Georgia's capital city, opened in April following a $25 million renovation and rebranding of the former Days Inn Atlanta Downtown. The 254-room property has an outdoor swimming pool, a fitness center, a bar and 2,000 square feet of meeting space.

The Wyndham Peachtree Hotel and Conference Center recently completed a six-month, multimillion-dollar renovation that included upgrades of the guest rooms and the lobby. The 250-room property offers 30,000 square feet of meeting space, plus a 10,000-square-foot fitness center and two outdoor pools.

This past May, the Renaissance Atlanta Waverly Hotel & Convention Center wrapped up a refurbishment of all 522 guest rooms, which now sport new furnishings, décor, light fixtures and more. The hotel has 60,000 square feet of function space on-site and an additional 320,000 square feet of event space at the connecting Cobb Galleria Convention Center.

The College Football Hall of Fame & Chick-fil-A Fan Experience opened in August near Centennial Olympic Park. The facility has state-of-the-art interactive exhibits, an ultra-high-def theater and 50,000 square feet for events.

Later this year, Ponce City Market will open as a mixed-use complex featuring a food hall, retail shops, office space, and recreational features such as rooftop miniature golf and bocce courts. The venue is in the historic former Sears, Roebuck & Co. building.

A 150-room Hyatt House near the Georgia Aquarium in downtown Atlanta currently is under construction. The project is expected to be completed mid-2015; stay tuned for details.

The 218-room Radisson Hotel Atlanta Northwest, Marrietta, opened last summer with a fitness center, an outdoor pool, complimentary Wi-Fi, a full-service restaurant and more than 6,600 square feet of meeting space.