INSIDE TEXAS LIVE!
In December 2015, the Arlington City Council approved a public-private partnership with the Texas Rangers to create the entertainment complex near Globe Life Park and AT & T Stadium. The first phase of the project, set to open in 2018, will feature best-in-class restaurants, retail and entertainment venues, along with a signature event space for up to 5,000 people. A 300- room upscale hotel with 35,000 square feet of convention space is also expected to open later that year.
TEXAS LIVE! NEW
PLAYERS
Texas Live! was originally billed as a $ 200 million, 100,000-squarefoot project with the hotel and Convention Center annex to be built in a later phase. The first phase, now expected to cost $ 250 million, will feature three major venues as well as the hotel and convention space. Texas Live! is projected to create more than 3,000 jobs and draw more than 3 million visitors to Arlington annually.
The Cordish Companies, an award-winning development firm with expertise in mixeduse, entertainment and sports developments, is the Rangers’ development partner on Texas Live!
Whether you’ re a diehard baseball fan or just someone looking for good food and fun, Texas Live! promises to offer Entertainment District visitors a variety of family friendly dining, shopping and entertainment options. Several destinations have already been announced for the mixed-use development, set to open in 2018 near the future Texas Rangers ballpark. They include:
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• Rangers Republic: the“ ultimate fan clubhouse” for Rangers fans
• Live! Arena: this event space has been nicknamed the“ living room” of Texas Live!
• Arlington Backyard: a 5,000-capacity outdoor event pavilion
• Revolver Brewing
• Lockhart Smokehouse Barbecue
• Guy Fieri restaurant
• PBR Country Bar
• Live! hotel
As part of a public-private partnership, the City of Arlington plans to contribute $ 50 million in natural gas revenue toward the Texas Live! project. If project milestones are met, the City is also prepared to provide performancebased incentives that include allowing the team to retain income from the following sources: hotel occupancy tax, property tax, sales tax and mixed beverage tax for 30 years from the City and hotel occupancy tax and sales tax from the state for 10 years.