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Hawks Announce Renovation Plan for Philips Arena: Details, Comments, Reaction

Scott Polacek@@ScottPolacekFeatured ColumnistNovember 2, 2016

ATLANTA, GA - MAY 22:  Overhead shot in Game Two of the Eastern Conference Finals between the Atlanta Hawks and the Cleveland Cavaliers during the 2015 NBA Playoffs at Philips Arena on May 22, 2015 in Atlanta, Georgia.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of the Getty Images Licensing Agreement.  (Photo by Mike Zarrilli/Getty Images)
Mike Zarrilli/Getty Images

Philips Arena will have a new look in the coming years when the Atlanta Hawks take the court.

The Hawks and the city of Atlanta announced on Monday that they agreed to renovate the arena, Chris Vivlamore of the Atlanta Journal-Constitution reported on Tuesday. Vivlamore noted the two sides were working on a potential agreement earlier in the year.

The Hawks shared a video on their Twitter page regarding the news:

Atlanta Hawks @ATLHawks

Our home is about to get a lot cooler: #TrueToAtlanta https://t.co/u4htR5aUmX

Atlanta Mayor Kasim Reed reacted to the agreement, per J. Scott Trubey and Vivlamore of the Atlanta Journal-Constitution: "I am delighted to announce the city of Atlanta has agreed in principle for $192.5 million renovation of Philips Arena that will keep the Hawks in downtown Atlanta for many decades to come."

Vivlamore shared a number of the key parts of the deal, including the fact the city will provide $142.5 million of the $192.5 million, while the Hawks will cover the rest. What's more, the Hawks extended their lease 18 years, meaning they will play in the downtown Atlanta arena through 2046.   

The renovations will start in the summer of 2017 and end before the 2018-19 campaign.

Despite the renovations, the Hawks will still play in Philips Arena next season.

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