Invest in
OUR ECONOMY
The Invest in Our Economy City Council priority is a vital component of the effort to ensure our community continues to thrive. As Arlington strengthens its position as a key city in North Texas, we will develop a systematic approach that directs our future, addresses current and prospective challenges, and positions us to capitalize on opportunities.
LOEWS ARLINGTON HOTEL & CONVENTION CENTER OPENS
The Loews Arlington Hotel and Convention Center celebrated its grand opening on Feb. 13, 2024. The 888-room hotel is a state-of-theart, full-service meetings, events and resort destination that caters to groups of all sizes, as well as families who are looking for a worldclass resort experience in the epicenter of the premier sports and entertainment district in the country. It features 266,000 sq. ft. of indoor / outdoor meeting and convention space, including the largest hotel ballroom in North Texas. This $ 550 million project is part of a planned $ 810 million expansion of the Entertainment District, as part of a public-private partnership between the City of Arlington, the Texas Rangers, Loews Hotels & Co and The Cordish Companies.
CARAVAN COURT HOTEL BREAKS GROUND ON DIVISION STREET
The Arlington City Council approved a redevelopment project for the former Caravan Motel property on the southeast corner of Collins and Division streets. Through a partnership with Valencia Hotel Group, Division Hotel Management, LLC demolished the former motel site and adjacent Dollar Car Sales property, planning to turn the combined properties into Caravan Court Hotel, a 145-room upper upscale boutique hotel. Caravan Court’ s mid-century aesthetic will nod to the historic Bankhead Highway through Arlington, including restoration and re-use of the iconic Caravan Motor Hotel sign. The project will bolster efforts to change land use in the Division Street Corridor and increase opportunities for connections between downtown Arlington and the Entertainment District, which has been a City policy objective for over 20 years.
BELL WEAPON SYSTEMS INTEGRATION LAB CELEBRATES GRAND OPENING
The Bell Weapon Systems Integration Lab, the first Arlington Economic Development Corporation-funded project, celebrated its grand opening in March 2024. This state-of-the-art facility near the Arlington Municipal Airport will aid in the safe, rapid and efficient integration and testing of a next generation flyby-wire aircraft and mission system using a modular open systems approach for the United States Army. This project will facilitate the creation of high-quality jobs that tie into the work being done in engineering, aerospace and aviation at The University of Texas at Arlington and other institutions.