New Falcons stadium closer to becoming a reality - | Chattanooga News, Weather & Sports

New Falcons stadium closer to becoming a reality

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(WRCB) - A new, multi-million dollar stadium for the Atlanta Falcons is one step closer to reality.

The NFL announced it has approved a $200 million loan to help in the construction of a new stadium.

The project is expected to cost as much as $1 billion.

Falcons owner Arthur Blank says this is a major step forward.(

The Georgia Dome, which opened in 1992, will be demolished when the new stadium opens.

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