Features
Philips Arena Renovation
The $193 million renovation of the
![Philips Arena](https://static.pollstar.com/wp-content/uploads/2021/11/f460a0a2-e097-4f3c-97a3-a1b836277788-PhilipsArena.png)
Philips Arena – Philips Arena
The bulk of the money, about $110 million, will be generated from a car rental tax collected at the Hartsfield-Jackson Atlanta International Airport, according to the Associated Press.
Another $32.5 million will come from the sale of Turner field, former home of the MLB’s Braves, to Georgia State University. The Hawks will commit $50 million to the renovations.
The team’s lease will extend to 2048. The renovations are scheduled to be completed by the 2018-2019 season.