The Rangers and City of Arlington could announce as early as Friday plans for a new retractable-roof stadium that would open before the MLB team’s current lease at Globe Life Park even expires, after the 2023 season, The Dallas Morning News reported, citing two unidentified major league sources.
Advertisement
The Rangers now play in Globe Life Park, which opened as the Ballpark at Arlington in 1994.
Globe Life Park was only built in 1994, but it has a flaw that the team and its fans don’t like, it does not have a retractable roof. “No doubt”, said Mayor Williams during a Friday afternoon news conference with Texas Rangers owner Ray Davis. By rushing to an agreement on a new park, city leaders ensure that the Rangers remain in Arlington. They are the voters the City and the Rangers will spend the rest of this year trying to win over.
It is a $1 billion deal, with the Rangers and the City of Arlington each kicking in $500 million.
If the Council takes action to designate the venue project, the City will ask the Texas Office of the Comptroller to review the fiscal impact to the State before calling a November 8 election on the proposed methods of financing.
“For more than four decades, Arlington and the Texas Rangers have had a strong relationship”. It is rumored that ticket and parking prices will increase to help raise the funds needed to build the proposed stadium. He says he wants the new stadium to retain a “classic ballpark look” like the existing stadium.
AT&T Stadium, home of the Dallas Cowboys, is also funded in part by a half-cent tax in addition to a 2% hotel occupancy tax and a 5% vehicle rental tax.
Advertisement
According to officials, most of Globe Life Park would be demolished but there would be an effort to preserve the center field offices and other historic features at the ballpark.
