Centennial Yards, the $5 billion mega development rising from dead parking lots in the heart of the city, is bringing on Live Nation to fill a mid-size venue gap in Downtown Atlanta. Why it matters: : The 5,

Rendering of the Centennial Yards entertainment district in downtown Atlanta, featuring a 5,300-seat Live Nation venue as part of the $5 billion redevelopment of the historic Gulch. This partnership marks a new milestone in the continued development of Centennial Yards,

Live Nation Entertainment is investing in its real estate portfolio, committing to a $5 billion plan to upgrade Downtown Atlanta with a Stadium district. The live-music entertainment company plans to lease a 5,