Ground Broken for New Home of the Braves Named “SunTrust Park”
September 16, 2014
Atlanta Braves Break Ground, Announce New Naming Rights Partner for Ballpark to be Constructed by American Builders 2017
ATLANTA, Sept. 16, 2014 – The new Home of the Braves has its name: SunTrust Park.
Committed to building the communities they serve, Atlanta-based SunTrust Banks, Inc. (NYSE: STI) and the Atlanta Braves today announced a partnership for the naming rights of the new Home of the Braves, slated to open in the spring of 2017. The development will be the first of its kind – a destination that combines a state-of-the-art Major League Baseball ballpark with a simultaneously constructed multi-use community including unique shops, restaurants, offices and residences.
The name of the park was announced in conjunction with a groundbreaking ceremony held today. Developed by the Braves in partnership with the Cobb-Marietta Coliseum and Exhibit Hall Authority, SunTrust Park will be constructed by American Builders 2017, a joint venture between Brasfield & Gorrie, Mortenson Construction, Barton Malow Company and New South Construction. Construction will be completed by Opening Day 2017. Located in Atlanta at the intersection of I-75 and I-285 in the bustling Cumberland CID, SunTrust Park will flow directly into the surrounding development, creating a vibrant atmosphere with unique shops, restaurants and entertainment venues that is accessible 365 days a year, not only on Braves game days.
“The new ballpark constitutes a new chapter in Atlanta Braves baseball, and we are excited that SunTrust has decided to build upon our decades-long relationship and embark on this journey with us,” said Atlanta Braves Chairman and CEO Terry McGuirk. “Both of our organizations have deep roots in Atlanta and loyal fans throughout the Southeast and across the nation. We couldn’t imagine a more perfect partner and look forward to seeing the first pitch at SunTrust Park in 2017.”
For more information, visit www.HomeoftheBraves.com.
Contacts:
Beth Marshall, Atlanta Braves, 404-614-1336 or [email protected]
Michael McCoy, SunTrust Bank, 404-588-7230 or [email protected]
About Atlanta Braves
The Atlanta Braves are the National League’s winningest franchise since 1991. During that time, Braves teams have earned two National League wild cards, 15 division championships, five National League pennants, and a World Series title. Based in Atlanta since 1966, the Braves franchise is the longest continuously operating franchise in Major League Baseball. Follow the Braves at braves.com, facebook.com/braves, and twitter.com/braves.
About SunTrust Banks, Inc.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation’s largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of June 30, 2014, SunTrust had total assets of $182.6 billion and total deposits of $133.3 billion. Through its flagship subsidiary, SunTrust Bank, the company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and investment banking services. Learn more at suntrust.com.
About American Builders 2017
American Builders 2017 is a general contractor comprised of a joint venture between Brasfield & Gorrie, Mortenson Construction, Barton Malow Company and New South Construction Company. The team has more than 225 years of construction experience and has completed more than 330 sports projects, including football stadiums, baseball parks, soccer stadiums, basketball arenas and more. American Builders’ ballpark experience includes Target Field, Coors Field, Oriole Park at Camden Yards, Turner Field, Minute Maid Park, PNC Park and Coolray Field.
ATLANTA BRAVES · P.O. Box 4064 · Atlanta, GA 30302-4064 · 404/522-7630