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Braves stadium operation to create 4,014 jobs | News

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Braves stadium operation to create 4,014 jobs
Braves stadium operation to create 4,014 jobs

(ATLANTA BUSINESS CHRONICLE) -- An economic analysis performed by Atlanta-based Brailsford & Dunlavey says the Atlanta Braves' new Cobb County stadium operation will provide 4,014 new jobs, the Marietta Daily Journal reports.

The analysis also shows stadium employees will earn $60.8 million each year, with $15.1 million going to employees who live in Cobb, the paper says.

The stadium's operation is expected to generate $4 million in tax revenue for Cobb County each year.

RELATED | New stadium to break ground Sept. 16

The jobs and extra revenue come at a price. Commercial property owners in the Cumberland area, for example, will contribute a total of $5.15 million each year to help fund the construction of the new $672 million Atlanta Braves stadium, the paper says.

CID member Connie Engel, who is also a partner at Childress Klein Properties which manages office buildings at Atlanta Galleria near the Braves' site, says the investment is worth it.

Already, there has been an increase in businesses asking about office space, Engel said.

"When people come to look at possible office space, for years and years and years, everybody always wanted to look downtown at the skyline," Engel told the MDJ. "For the last four or five months, everybody wants to look north, which is towards the ballpark. And you won't be able to see into the ballpark; even from the top floor of our building, you won't be able to see in because of the elevation. But you will know every time there's a home run, and there's a certain amount of energy coming from that being kind of a cool place."