ARLINGTON – The Cordish Cos., in partnershp with the city, the Texas Rangers, and Loews Corp. is developing the second phase of Texas Live!
The city has approved a TIRZ package for the $810 million phase, which will include:
200,000 sf of office space;
an 888-room hotel with 150,000 sf of meeting space;
100,000 sf of retail and restaurant space;
2,000 parking spaces; and
business incubator space.
Called the Loews Arlington Hotel, the hotel will be connected to the new Arlington Convention Center. Work will start this month and wrap up by 2023.
The entire second phase is expected to create 3,000 jobs and have a $1.8 billion economic impact.
The Real Estate Center has more information like this online:
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