The new Atlanta stadium, scheduled to open in 2017, will play host to college basketball's signature event in 2020.
The NCAA announced that Atlanta was awarded the men's Final Four basketball tournament in a statement Friday evening.
The 2020 event marks the fifth time Atlanta has hosted the men's Final Four, which was also played here in 1977, 2002, 2007 and 2013.
"I'd like to congratulate our entire bid team for once again bringing this premier event to our city," Atlanta Mayor Kasim Reed said Friday night. "I'm especially proud that these games will take place in the brand new, state-of-the-art Atlanta stadium."
NCAA representatives visited Atlanta in August, 2013 to learn about the new stadium hear the city's pitch.
The Atlanta bid group consisted of representatives of the Falcons, the Atlanta Sports Council, the Atlanta Convention & Visitors Bureau, Georgia Tech and the Georgia World Congress Center Authority. The group traveled to Indianapolis Tuesday for a final presentation to NCAA officials.
The NCAA also awarded four other Final Fours: 2017 (Phoenix), 2018 (San Antonio), 2019 (Minneapolis) and 2021 (Indianapolis).