City of Arlington Considers Public-Private Partnership with Texa - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

City of Arlington Considers Public-Private Partnership with Texas Rangers for New Ballpark

The Arlington City Council will consider designating a venue project and authorizing a master agreement for a public-private partnership with the Texas Rangers at its Tuesday, May 24 evening meeting.

If approved, the Council action will allow the City of Arlington to begin the steps required to hold an election this November that asks voters to extend existing funding mechanisms that would provide the public financing for construction of a new ballpark. The Texas Rangers’ 30-year lease on the City-owned Globe Life Park in Arlington is set to end in 2024. With the new proposed master agreement, the Rangers' partnership with Arlington would extend until January 1, 2054.

The design for a new ballpark would include a retractable roof for climate control and shelter for fans during the hot summer months as well as provide a premiere baseball experience. The new park is expected to have similar design concepts featured in the construction of Globe Life Park. While designs and costs have not been finalized, the cost of the new ballpark and related infrastructure is estimated at $1 billion. The master agreement for this public-private partnership calls for a 50-50 split between the Texas Rangers and the City of Arlington.

“The Texas Rangers are a part of our fabric, a part of our DNA,” said Arlington Mayor W. Jeff Williams. “The City Council and I have heard the message loud and clear: our citizens want the Texas Rangers to stay in Arlington. No doubt any city would want the Rangers. We want to be proactive and continue this 45-year relationship, which has been so successful for us, for the team and the North Texas region. This is where they belong and this deal keeps them here for generations to come.”

“The Rangers and Arlington have enjoyed a great partnership for 45 years, and we are excited about the possibility of calling this City home for many years to come,” said Texas Rangers Co-Chairman Ray Davis. “A baseball park is a very special place and the Rangers are committed to providing the best possible experience for our fans. The construction of a new facility with a retractable roof and so many other amenities would allow us to enhance that experience in a manner that is not presently possible. This new project is a home run for the Rangers, our fans and the City.”

The master agreement under consideration by City Council caps Arlington’s proposed bond-funded contribution for the ballpark and outlines the City’s requirements and expectations for the project to move forward.

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 Nov. 8 election on the proposed methods of financing.  

The Arlington Convention and Visitors Bureau commissioned an independent consulting group to provide an analysis of the economic impact of the Texas Rangers franchise on Arlington. HR&A Advisors found that the annual economic impact of the Rangers in a new ballpark would be $74 million for Arlington and $133.5 million for Tarrant County. According to HR&A’s analysis, the net present value of the Rangers continued presence between 2016-2054 with a new ballpark would be $2.43 billion for Arlington and $4.35 billion for Tarrant County.

The proposed stadium would be built on what is now a team parking lot south of the existing ballpark, south of Randol Mill Road. The City and the Rangers are discussing the future of the

23-year-old Globe Life Park in Arlington, with options including office development, park space, parking and a possible extension to the Texas Live! project.

Arlington voters have previously supported stadium projects.

In 1991, voters approved a half-cent sales tax to help construct the Texas Rangers’ current home. That sales tax went away after the City’s $135 million debt on the ballpark was paid off in 2001, a decade earlier than scheduled.

Then in 2004, voters approved a half-cent sales tax, a 5 percent car rental tax and a 2 percent hotel occupancy tax (venue taxes) to help publically finance the Dallas Cowboys’ $1.2 billion AT&T Stadium. The City’s stadium debt is scheduled to be paid off in 2028 but is projected to be paid off at a faster pace.

If the Master Agreement is approved by City Council, it will allow the City of Arlington begin the steps necessary to hold an election on November 8, 2016, and establish funding mechanisms to help finance construction of the new ballpark while also paying off the AT&T Stadium debt.

  • SportsMore>>

  • Turkey charges father of NBA's Kanter as terror group member

    Turkey charges father of NBA's Kanter as terror group member

    Monday, June 18 2018 3:30 PM EDT2018-06-18 19:30:33 GMT
    Tuesday, June 19 2018 11:54 AM EDT2018-06-19 15:54:27 GMT
    Turkey's official news agency says a court has accepted an indictment charging the father of NBA player Enes Kanter with "membership in a terror group." (AP Photo/Sue Ogrocki, file)Turkey's official news agency says a court has accepted an indictment charging the father of NBA player Enes Kanter with "membership in a terror group." (AP Photo/Sue Ogrocki, file)

    Turkey's official news agency says a court has accepted an indictment charging the father of NBA player Enes Kanter with "membership in a terror group."

    More >>

    Turkey's official news agency says a court has accepted an indictment charging the father of NBA player Enes Kanter with "membership in a terror group."

    More >>
  • Trotz resigns as coach of Stanley Cup-winning Capitals

    Trotz resigns as coach of Stanley Cup-winning Capitals

    Monday, June 18 2018 3:20 PM EDT2018-06-18 19:20:17 GMT
    Tuesday, June 19 2018 2:11 AM EDT2018-06-19 06:11:50 GMT
    (AP Photo/Andrew Harnik). Washington Capitals head coach Barry Trotz arrives with the team at Dulles International Airport in Sterling, Va., Friday, June 8, 2018, the day after defeating the Vegas Golden Knights in Game 5 of the NHL hockey Stanley Cup ...(AP Photo/Andrew Harnik). Washington Capitals head coach Barry Trotz arrives with the team at Dulles International Airport in Sterling, Va., Friday, June 8, 2018, the day after defeating the Vegas Golden Knights in Game 5 of the NHL hockey Stanley Cup ...
    Barry Trotz has resigned as coach of the Washington Capitals after leading them to the Stanley Cup.More >>
    Barry Trotz has resigned as coach of the Washington Capitals after leading them to the Stanley Cup.More >>
  • Astros win record 12th straight game

    Astros win record 12th straight game

    Monday, June 18 2018 11:51 PM EDT2018-06-19 03:51:20 GMT

    Alex Bregman hit a game-ending two-run double with one out in the ninth inning and the Houston Astros beat the Tampa Bay Rays 5-4 Tuesday night to match a franchise record with their 12th straight win.

    More >>

    Alex Bregman hit a game-ending two-run double with one out in the ninth inning and the Houston Astros beat the Tampa Bay Rays 5-4 Tuesday night to match a franchise record with their 12th straight win.

    More >>
Powered by Frankly