[UPDATED] Braves not Truist to their word on new tax handouts (via AJC)

The fact that the Atlanta Braves got a ton of cash from taxpayers to build their new ballpark is largely forgotten in the wake of the team’s World Series victory.

But there was an understanding when the Braves got $300 million-plus from Cobb County to construct its park: It was that the team, on its own nickel, would build all the affiliated restaurants, apartments and office towers ― AKA The Battery.

Mike Plant, the team’s development chief, promised this back in 2015 when he said, “We do not ask, nor do we intend to ask, for any incentives for the mixed-use part.”

Well, that was then.

Last week, the Bravos were up at the plate again looking for a second helping of taxpayer love. The team and their friends at Truist, the mega-bank with a silly name, approached the Cobb Development Authority with the latest scheme: a 10-year property tax break to help build a $200 million, 250,000-square-foot office tower overlooking Truist Park. … Read More

(via AJC)

UPDATE: “The Atlanta Braves and Truist Financial this past week withdrew their application for property tax breaks on a $200 million office tower at The Battery, Cobb County development officials confirmed to The Atlanta Journal-Constitution.”

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Previously
“Atlanta” Braves seek millions more from Cobb County
Ted Turner on the Atlanta Braves’ move to Cobb County
2017 Atlanta Braves Season Preview
Braves finally strike a positive note in move to new stadium
The political costs of a new baseball stadium
Previewing the 2016 Atlanta Braves
The Braves are failing on their own terms
New Braves stadium project continues to falter
Georgia Supreme Court Upholds Cobb’s Braves Stadium Bond Deal
Braves Break Ground on Baseball Boondoggle
The yard sale at Upton Abbey continues
From Barves to Burbs: What’s happening to baseball in Atlanta?

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