Texas city approves $810M expansion project

The City of Arlington, Texas, has approved an $810 million expansion of its Entertainment District, which would add a new hotel, convention center, corporate office headquarters, mixed-use residential building, small business coworking and incubator space, and more dining, retail, and entertainment options.

The city council has entered into a public-private partnership with the Texas Rangers, Loews Hotels & Co, and the Cordish Companies, for a 30-year period to facilitate the development project.

The expansion will include:

• a $550-million, 888-room Loews Arlington Hotel with 1500 parking spaces that will be connected to a new convention center offering 20,067 m² (216,000 sf) of meeting and outdoor function space;
• a mixed-use residential building with 280 units and 9290 m² (100,000 sf) of retail, entertainment, and coworking and incubator space;
• a planned 18,581-m² (200,000-sf) corporate office headquarters; and
• an additional public garage with 1900 parking spaces.

This is the next phase of a $4 billion expansion plan. Construction will commence in the first quarter of 2020 beginning with the 1500-space parking garage.