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11/09/2016 - Board of Regents Approval

The Board of Regents approved Georgia State University’s purchase of the property from the Georgia State University Foundation. Georgia State will pay the foundation $22.8 million for its portion of the 67-acre site. The sale allows the university to move forward with its plan to renovate and reuse the stadium. Georgia State will take ownership of the property by December 31 and plans to begin construction in early 2017.