The renovated Philips Arena, Atlanta, pictured here in an artist’s rendering, will feature 360-degree concourses that will allow visitors to walk all the way around the building. (Image courtesy of the Atlanta Hawks)

An agreement reached this month between the Atlanta Hawks Basketball Club and the City of Atlanta paves the way for a $192.5-million renovation of Philips Arena, Atlanta, securing the NBA team’s presence in the city for the next three decades.

“The city ...

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