The Atlanta Braves are now officially set to say goodbye to Turner Field when they will move into a new stadium in 2017. The team announced today that they are about to build a new stadium at the NW intersection of I-75/I-285.

Here is the team’s full statement on the move:

“This decision to move was not easy, and we have mixed emotions about leaving a ballpark that holds so many great memories. However, knowing that our lease will expire in 2016, we have devoted our time trying to secure the best option for our fans, our team and our organization. We believe this new site will be the best location for our fans and our organization for the next 30 years.

“This project will be a true public-private partnership. The economic benefits from the new stadium will ripple throughout the region. From the construction process, which will support more than 5,227 jobs and generate $235 million in payroll, to the ongoing benefits the new stadium will be an economic engine for Metro Atlanta.

“The reason for moving is simple. The current location has certain issues that are insurmountable and will only become more problematic over the years. These fundamental issues involve how you, our fans, access Turner Field. There is a lack of consistent mass transportation, a lack of sufficient parking and a lack of direct access to interstates. Furthermore, the Braves do not have control over the development of our immediate surroundings.

“Our new location will give us the opportunity to develop the surrounding area of the new ballpark, transforming it into a mixed use, 365-day destination and creating an enhanced atmosphere for our fans during Braves games. There also will be significantly increased access to the site, enhanced parking opportunities, and, generally, easier access to and from major roadways with a variety of other transportation options.”