Atlanta Falcons Negotiating to Replace Existing Georgia Dome

The 20-year-old Georgia Dome may be torn down if the Atlanta Falcons have their way.  Currently, the team is negotiating a $947.7 million new sports stadium, which will feature a retractable roof. 

The original proposed open-air stadium carried a price tag of $700 million, but the Atlanta Falcons preferred a different type of venue.  If the Atlanta sports team gets their way, the Georgia Dome would be demolished, and the new stadium would built from the ground up.

So far, $300 million in funding will be contributed to the construction efforts by the state and the City of Atlanta.  If a deal is finalized soon for the Georgia Dome project, construction on the new stadium could begin as soon as 2014.

Read more on Atlanta Sports & Leisure and the proposed new Atlanta stadium