Centennial Yards Company executed a long-term lease with entertainment company Live Nation to bring a new live music and entertainment venue to the heart of Downtown Atlanta. The 5,300-seat venue will anchor Centennial Yards’ under-construction sports and entertainment district adjacent to the Atlanta Hawks’ State Farm Arena and Mercedes-Benz Stadium, home to the Atlanta Falcons and Atlanta United.

This partnership marks a new milestone in the continued development of Centennial Yards, the 50-acre, $5 billion mixed-use project. Centennial Yards Company consists of a partnership between CIM Group and a group led by Tony Ressler.

Development at Centennial Yards is well underway. Live Nation will join Cosm, a 70,000-square-foot, three-level immersive entertainment venue; Hotel Phoenix, a 292-key hotel; and The Mitchell, a 304-unit apartment tower, which are anticipated to open later this year.

Centennial Yards’ 50-acre master plan will include over 8 million square feet of residential, retail, hotel, and entertainment space.