BRADENTON, Fla. – Atlanta Mayor Kasim Reed has negotiated a preliminary $19.5 million purchase price for a church property needed to build the Atlanta Falcons a new $1 billion “iconic” football stadium.

Reed’s deal, which still must be approved by the Friendship Baptist Church’s congregation, is for land south of the existing Georgia Dome where the National Football League team currently plays. The location is close to train and bus transit.

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