Saturday, December 12, 2015
Now that this has been posted on the city website, it must be ok to talk about it, since these discussions were in executive session. Glory Park was the original development planned for this area. It folded when the financial institutions were challenged in 2008. A developer arrived on the scene about 3 yrs. ago and his family owned company has been very successful at developing areas around major sports complexes. He has formed an alliance with the Texas Rangers, and approached the city with a development plan that is very aggressive. The picture above contains a 100,000 sq/ft of entertainment, restaurant and bar facility, a 50,000 sq/ft Convention Center, and a 300-400 room hotel.
This development will be in front of the Council on the 15th of the month. The entire project will cost $200 million, with the entertainment venue scheduled to open on opening day 2017. You have asked for development in and around the Ball Park, and hopefully you will have it on Tuesday evening. Our City Manager Trey Yelverton, and his Staff have been working feverishly to get this accomplished by the end of the year.
Several Councilmembers, including myself, have made the trip back to see the developer at his family owned headquarters. A few have also made the trip up to St. Louis to look at a similar development called Ball Park View. This is a first class establishment, owned and operated by people that have been successful in a host of other cities. They are excited about Arlington and we are fortunate that they came to us. Go Rangers!