Originally projected to open in March 2017 as home of Falcons owner Arthur Blank's new MLS team, the new target date is June 1, 2017.
The price tag on the Falcons' new stadium continues to balloon and now delays are pushing its projected completion closer to the team's 2017 preseason, the Atlanta Journal-Constitution reported.
While Falcons owner Arthur Blank saidΒ he has "absolutely zero doubt" that the stadium will be ready for the 2017 NFL season, assuring that it will be isΒ part of what's making the cost of the stadium rise.
Originally projected to open inΒ March 2017 as home of Blank's new MLS team, the new target date is June 1, 2017, as the βdesign processβ of the structure that will support the stadium's retractable roof and video board has resulted in delays.
To meet the June 2017 deadline, construction will have to be be accelerated via βcompressingβ more work into the available time, Blank said, resulting inΒ βdouble-time, triple-timeβ work.
The stadium, initially expected to cost approximately $1 billion, is now bottom-lining at $1.4 billion, with Blank required to pay for all cost overruns.
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