SHARE 12 22 COMMENTMORE

ATLANTA -- The Atlanta Braves announced Monday morning that they plan to move to a brand new stadium in Cobb County for the beginning of the 2017 baseball season.

The Braves say they plan to build a new stadium on the northwest corner of the Interstate 75-285 interchange in Cobb County.

"We are excited to announce plans to build a world-class stadium, which will open in 2017 at the NW intersection of I-75/I-285," the team said in tweets. "We have secured a large tract of property at this location & will work to build a world-class ballpark for our fans."

The team says they plan to leave Turner Field after their 20 year agreement expires at the end of the 2016 season.

"The Braves' lease at Turner Field expires at the end of 2016, and we needed to find a long-term solution that ensured the Braves would remain in Atlanta for another generation. Turner Field needs $150 million in infrastructure work alone (replacing the seats, repairing and upgrading lighting, etc.), none of which would significantly enhance the fan experience," the team said on their new "Home of the Braves" website, which details information about the new ballpark.

On the Home of the Braves website, the team addresses the question of what will happen to Turner Field by saying, "Turner Field was given to the City of Atlanta following the 1996 Olympics. The Braves do not own or manage the facility and our lease expires in 2016. That being said, the organization has invested nearly $125 million into the facility for maintenance and improvements. The City of Atlanta and the Atlanta-Fulton County Recreation Authority will make the final decision on what to do with the property after the team moves."