Hunton Leads Transformational Turner Field Transaction

With signatures in place on a multimillion-dollar agreement between the City of Atlanta and Fulton County Recreation Authority and Georgia State University and its partners, 67-acre Turner Field (former stadium for Centennial Olympic Games and Atlanta’s professional baseball team) will find new life as a college football stadium next year.

The purchasers, Georgia State and the real estate firms Carter and Oakwood Development Group, are making the acquisition as a first-step in a proposed $300 million transformation that will feature housing, retail and classroom space and convert the property into a football stadium for the GSU Panthers.

Atlanta partner Douglass P. Selby led the legal team advising the City of Atlanta and Fulton County Recreation Authority, with Carl F. Schwartz and J.R. England. The sale and purchase agreement, expected to close by December 31, is part of a larger transformation the university has planned.