Posted Sep 21, 2016, 3:32 AM
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Join Date: Sep 2011
Location: Dallas
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First $250M inning of Texas Rangers-anchored development to start soon
Candace Carlisle
September 20, 2016
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The Texas Rangers and The Cordish Cos., a Baltimore-based development firm, plans to begin the initial $250 million phase of Texas Live!, a mixed-use development between Texas Rangers' Globe Life Park and the Dallas Cowboys' AT&T Stadium in Arlington.
In all, the $250 million initial phase of Texas Live! is part of a $4 billion public-private partnership vision of Arlington's stadium district, which includes additional phases of the project, a new Rangers Ballpark and the preservation and re-purposing of Globe Life Park.
"It is the Rangers' intent to preserve the beautiful exterior facade of Globe Life Park," said Rangers' co-chairman Ray Davis, in a statement.
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The partnership plans to preserve the facade of Globe Life Park and could develop it into an entertainment, retail, office and festival site.
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Construction on Texas Live! is slated to begin in November. In all, Texas Live! is expected to bring more than 3,000 new jobs and 3 million new visitors to Arlington when it opens in 2018.
The entertainment portion of the project is expected to open in spring 2018 before Rangers' opening day and the hotel and convention facility is expected to open in fall 2018.
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Other parts of the mixed-use development include:
- Rangers Republic: The two-level, 30,000-square-foot dining and entertainment facility will be the ultimate fan clubhouse for Rangers fans throughout the year. The clubhouse will have memorabilia, team history and interactive games for families.
- Live! Arena: The multi-level, central gathering place at Texas Live! will have more than 35,000 square feet of dining and entertainment and will be the living room of the entire development. The venue includes an outdoor beer venue with a two-story retractable facade, performance stage for concerts and a 100' LED screen as a centerpiece.
- Arlington Backyard: An outdoor event pavilion with a capacity for 5,000 people that will be covered by a permanent roof and will have the ability to host more than 250 annual events. The yard has the ability to expand to entertain 7,000 fans.
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