ATLANTA (AP) - Atlanta city officials are moving toward selling a major event venue - the Boisfeuillet Jones Atlanta Civic Center.
A local paper reports that City Councilman Kwanza Hall introduced legislation Monday that could pave the way for the city to sell the aging performing arts center to a developer.
Under the proposal, the city would transfer the property to Invest Atlanta, the city's economic development arm, which would design a bid process and request proposals from developers to revitalize the site.
The plan would have to be approved by the City Council in coming weeks.
The civic center, built in 1967, includes a 4,600-seat theater.
Major touring shows often bypass the center for the Fox Theatre and others. A 2012 city analysis projected the center would lose $400,000 per year through 2017.
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