trending Market Intelligence /marketintelligence/en/news-insights/trending/auua_KQZdTJz-rd9HtjoAA2 content esgSubNav
In This List

Arlington, Texas, city council OKs $810M expansion of Entertainment District

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Blog

Infographic: The Big Picture 2023 Issuer & Investor Relations Outlook

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook


Arlington, Texas, city council OKs $810M expansion of Entertainment District

The city council of Arlington, Texas, entered into a 30-year public-private partnership to facilitate a planned $810 million expansion of the Entertainment District.

The expansion is a continuation of the public-private partnership between the City of Arlington, the Texas Rangers, Loews Hotels LLC, a wholly owned subsidiary of the New York-based Loews Corp. and The Cordish Co. Inc.

The expansion will consist of a $550 million, 888-room Loews Arlington Hotel with 1,500 parking spaces; a new Arlington Convention Center, which will offer 216,000 square feet of meeting and outdoor function space; a mixed-use residential building with 280 units and 100,000 square feet of retail, entertainment, and coworking and incubator space; a planned 200,000-square-foot corporate office headquarters in the Arlington Entertainment District; and an additional public garage with 1,900 parking spaces.

The expansion is the second phase of a greater $4 billion development project by the partnership.