$250 Million Texas Live! Opens Between Globe Life Park and At&T
Total Page:16
File Type:pdf, Size:1020Kb
$250 MILLION TEXAS LIVE! OPENS BETWEEN GLOBE LIFE PARK AND AT&T STADIUM IN ARLINGTON, TX Thursday, Aug. 9 marked the Texas Live! will be anchored by Both venues are part of a $4 billion grand-opening celebration for Live! By Loews, an upscale, development of the Arlington the $250 million Texas Live!, a full-service, 300-room hotel with 35,000 Entertainment District that also includes the 200,000-square-foot mixed-use square feet of convention/meeting space. $1.2 billion Globe Life Field, the new development that features It is scheduled to open in 2019. ballpark for the Texas Rangers that will restaurants, retail and entertainment, open in 2020, and the redevelopment of including a 5,000-capacity outdoor event Globe Life Park, the Rangers’ current pavilion. ballpark. SEPTEMBER 24-30, 2018 SPECIAL ADVERTISING SECTION I STREET & SMITh’S SPOrts BUSINess JOURNAL 1A TEXAS LIVE! Fans gather at The People Band Sports & Social plays at Troy’s, Arlington, the Cowboys Hall of ultimate Rangers’ Fame Quarterback fan clubhouse. Troy Aikman’s restaurant. Going Big in Texas The Cordish Companies, in partnership with the Texas Rangers and City of Arlington, Launch First Phase of $4 Billion Development with Texas Live! exas Live!, the much- with the Texas Rangers. Cordish’s Live! Cordish Companies, different from cultural activities. In addition to the anticipated world-class dining brand, one of the premier other developers, is their vertical Arlington Backyard, Texas Live! and entertainment entertainment brands in the country, integration. They’re involved in every contains four other stages, allowing development, in partnership welcomes over 50 million annual visitors aspect, from the initial design and ample opportunity to book national, between The Cordish to its destinations, which are among the construction to the long-term, ongoing regional and local music acts Companies,T the Texas Rangers and highest profile dining, entertainment, operations. Being vertically integrated throughout the entire district. the City of Arlington, welcomed the gaming, hotel and sports-anchored allows the quality of the project to be Texas Live! has been a boon to the public with a grand opening destinations in the country. maintained and controlled at the City of Arlington and Tarrant County. celebration on Thursday, August 9. “We are so proud to join the Texas highest level possible.” The development created more than The $250 million Texas Live!, Rangers and City of Arlington in The heart of Texas Live! is the Live! 3,000 jobs – about 2,000 construction located between the Texas Rangers’ celebrating the grand opening of Arena, a central gathering place where jobs and more than 1,000 permanent Globe Life Park and the Dallas Texas Live!,” said Blake Cordish, fans can watch the Rangers, Cowboys jobs to operate the venue. Cowboys’ AT&T Stadium, is the first principal at The Cordish Companies. and other sporting events on a 100- It will generate approximately $100 phase of a $4 billion vision for the “Our family has been in business for foot LED screen, along with a multitude million a year of economic output for Arlington Entertainment District. When over four generations and to be able of other screens in the area. This living the city and Tarrant County and The Cordish Companies develop a to celebrate a project as meaningful, room of North Texas is one of the most about $2 billion in direct and indirect project, they stay involved for the long rewarding and exciting as this one is dynamic sports viewing experiences salaries in its first 40 years. haul. Next year, Cordish, in partnership an extremely special opportunity.” available in the country today. The City of Arlington already with the Rangers and Loews Hotels & “We needed the right development Dining and entertainment options attracts more than 14.5 million visitors Co, will open the country’s first Live! By partner to make our vision a reality include PBR Texas, the flagship venue a year with Globe Life Park, AT&T Loews hotel within steps of Texas Live!. and, in The Cordish Companies, we that can hold 1,500 people and Stadium and the original Six Flags The Rangers’ new Globe Life Field will found the right partner,” said Rob features a 7,000-square-foot balcony Over Texas as the primary attractions. open in 2020 adjacent to the Matwick, executive vice president of and two mechanical bulls; Pudge’s With the opening of Texas Live!, the projects. With $1.5 billion of new business operations for the Texas Pizza, from Rangers Hall of Fame city is anticipating an additional three development currently under Rangers. “We wanted to create catcher Pudge Rodriguez; Troy’s, from million visitors each year. construction in the entertainment something for everyone. With Texas Cowboys Hall of Fame quarterback “Texas Live! is a significant engine district, it’s only the beginning of what’s Live!, we’ve been able to achieve that Troy Aikman and inspired by some of for the City of Arlington in terms of to come for Texas Live!. Additional by partnering with some of the the best beer halls in Texas; Sports & visitation and tourism,” said Ron Price, major phases and the repurposing of country’s leading brands and Social Arlington, the ultimate Rangers’ CEO and president of the Arlington Globe Life Park, believed to be the nationally-beloved iconic athletes to fan clubhouse features a family- Convention & Visitors Bureau. “It will only major mixed-use repurpose of its create one-of-a-kind, unique dining friendly dining option and a floor of be a determining factor for bringing kind, are all on the horizon. and hospitality experiences for our games for children and adults; Miller more conventions and events, a A fourth generation, family-owned fans.” Tavern & Beer Garden, the Miller-Coors place that will draw new visitors to business headquartered in Baltimore, With more than 200,000 square flagship destination with multiple add to the 14.5 million Arlington has The Cordish Companies is more than feet of dining and entertainment indoor pub-style rooms and an yearly and help cement Arlington as 100 years old. The company has space, including a 5,000-capacity outdoor beer garden; Lockhart the premier sports, entertainment, become the market leader in sports- outdoor concert and event pavilion, Smokehouse, an iconic North Texas hospitality and tourism destination in anchored mixed-use developments, Texas Live! offers several best-in-class barbecue favorite; and from, the the country for decades to come.” partnering with some of the country’s entertainment and restaurant options Emmy Award-winning chef, Guy Fieri’s “Texas Live! is a special project leading professional sports teams and for its millions of guests. Taco Joint. with incredible partners in the Rangers brands, including the St. Louis Cardinals, “Partnering with The Cordish The Arlington Backyard is a and City of Arlington,” said Cordish. Comcast-Spectacor and the Companies was the difference 5,000-person outdoor event pavilion “As exciting as this first phase is, it’s Jacksonville Jaguars. In their latest Live! maker,” said Mayor Jeff Williams, City that will host more than 250 concerts, just the tip of the iceberg of what is district, Texas Live!, they’re partnering of Arlington. “A unique aspect of The art shows and other community and to come.” 2A SPECIAL ADVERTISING SECTION I STREET & SMITh’S SPOrts BUSINess JOURNAL SEPTEMBER 24-30, 2018 LIVE! IN THE HEART OF TEXAS THE CORDISH COMPANIES, IN PARTNERSHIP WITH THE TEXAS RANGERS AND THE CITY OF ARLINGTON, PROUDLY OPENS TEXAS LIVE! THE CORDISH COMPANIES CREATES AMERICA’S PREMIER SPORTS & ENTERTAINMENT DESTINATIONS Ballpark Village, St. Louis, MO Jacksonville Shipyards, Jacksonville, FL Power & Light District, Kansas City, MO XFINITY Live!, Philadelphia, PA Live! at the Battery, Atlanta, GA The Power Plant, Baltimore, MD Power Plant Live!, Baltimore, MD Live! Casino & Hotel Maryland, Hanover, MD Seminole Hard Rock Hotel & Waterside District, Norfolk, VA Fourth Street Live!, Louisville, KY Bayou Place, Houston, TX Casino Hollywood, FL PROUD TO BE PARTNERS WITH SOME OF THE WORLD’S LEADING BRANDS TEXAS LIVE! THE TEXAS RANGERS WELCOME FANS FROM ALL OF THE DALLAS- FORT WORTH TEAMS TO THE LIVING ROOM OF TEXAS IN TEXAS LIVE! he development of Texas Live! room for North Texas.” Rangers’ officials are also antici- Life Field in March 2020. emerged from a 2014 meeting Texas Live! has become a destina- pating not only increased attendance Said Matwick, “From a business that Blake Cordish, principal of tion for fans to gather before events at their games, but also fans extend- standpoint, from a fan standpoint and The Cordish Companies, had at Globe Life Park and AT&T Stadium, ing their stay. “We're giving our fans a from the organization’s perspective, with the leaders of Arlington’s whether it’s for concerts or Rangers’, reason to come a few hours early to Texas Live! is the beginning of a bright ETntertainment District. Cowboys’ or college football games. be with other fans, to see friends and future for us.” After subsequent individual meet- Fans can arrive early, eat, drink and family, and enjoy an experience in ings and due diligence on the part of watch other games before going to Texas Live! before going to the ball- Texas Rangers Hall of Fame Catcher the Texas Rangers, the team chose their event. game,” said Matwick. “Then, if they Pudge Rodriguez in front of the The Cordish Companies to develop Texas Live! has met with fan choose, they can extend their stay by restaurant at Texas Live! that bears their mixed-use property – Texas Live!. approval following its grand opening. returning to Texas Live! for a concert, his name.