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Mercedes-Benz Stadium: New home of the Falcons, United F.C. | News

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Mercedes-Benz Stadium: New home of the Falcons, United F.C.
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ATLANTA -- Months after moving its headquarters to Atlanta, Mercedes-Benz will stamp its name on the city's biggest new project: the Falcons stadium.

On Monday morning, in front of a packed house -- including the likes of Atlanta Mayor Kasim Reed, Georgia Governor Nathan Deal and Mercedez-Benz CEO Steve Cannon -- Home Depot co-founder and Atlanta Falcons owner Arthur Blank announced Mercedes-Benz Stadium.

Along with the official name, it was also announced the naming rights deal would last 27 years, or until 2042.

This is Mercedes-Benz' first major imprint since relocating its headquarters from New Jersey to Atlanta. The $93 million plans for a Sandy Springs location include 800 new jobs.

The new $1.5 billion Atlanta stadium will open in 2017. The venue will also host Atlanta's new MLS team, the NCAA Final Four, and college football playoffs. Premier Partnerships had been pursuing a 30-year deal for naming rights.

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