Texas Rangers Plan $1B Retractable-Roof Stadium [PHOTO]
ARLINGTON, Texas (AP) — The Texas Rangers will remain in Arlington through 2054 and work with the city on building a $1 billion retractable-roof stadium that would open in 2021.
Rangers owner Ray Davis joined Arlington Mayor Jeff Williams in Friday's announcement.
Davis says putting a roof on Globe Life Park, which opened in 1994, would be too expensive. He says a climate-controlled venue could attract more fans on hot, summer days. Davis says the Rangers, marking 45 years in Arlington, expect the new stadium to open in five years.
BIG PLANS UNVEILED for Rangers in Arlington. https://t.co/QrXUemFh3h
— 105.3 The FAN (@1053thefan) May 20, 2016
Voters in November are expected to be asked to support the project by continuing existing sales taxes that are used to help pay for A&T Stadium, the next-door home of the Dallas Cowboys.
The city's commitment would be capped at $500 million.
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