Another baseball stadium that hasn’t brought about the anticipated economic development impact. And a AAA facility no less. As the Atlanta Journal-Constitution reports:
Coolray Field, home to the Atlanta Braves’ AAA affiliate, has cost more and brought in less revenue than commissioners expected when they approved its construction in 2008. The cost of the stadium rose from $45 million to $64 million. And though Gwinnett officials said the stadium would pay for itself, they later approved a 3 percent car rental tax to help repay the $33 million stadium debt. Even that might not be enough.