ATLANTA–The Board of Regents of the University System of Georgia today (Nov. 9) approved Georgia State University’s purchase of Turner Field from the Georgia State Foundation.
Atlanta Mayor Kasim Reed announced in August the Fulton County Recreation Authority’s sale of Turner Field and its surrounding parcels to the Georgia State Foundation. The Board approved Georgia State University’s purchase of 38 acres of the 68-acre site for $22.8 million. The stadium will be purchased and repurposed with a combination of existing institutional funds from Georgia State and fundraising from private sources. No taxpayer dollars or new student fees will be used in the purchase of the former Turner Field site.