Month: November 2015

Arlington, Texas, home to the new AT&T Stadium, which also serves as the home to the Dallas Cowboys, scored a huge victory in when it was announced the stadium would be built in this city. The stadium, which is located within walking distance of the Texas Rangers ballpark, has been a great economic driver for this city. This funds to build this structure were, at least in part, subsidized by a 2004 sales tax increase, which was voter approved, and that which would serve to subsidize a 30-year, $325 million bond package designed to help pay for what is now the home of one of the greatest teams in the NFL. The city was also able to receive some revenue from the naming rights deal. This was a typical win-win-win for all parties, being Arlington, the Cowboys and Texas.

Arlington is also home to Six Flags and numerous other tourist attractions. The fact remains, however, that there is a parcel of land adjacent to the stadium that is completely undeveloped. This 30-acre parcel was recently sold, however, and new development will be coming to this once-barren land in the coming months. The nature of that development remains to be seen, but mixed commercial will likely be the hallmark of its future use. This area in Arlington will forever be changed by how this land is used, and is already completely benefitting from the commercial success the stadium has proven to be.