ARLINGTON, Texas, Oct. 21, 2016 — Construction for the first phase of Texas Live! will commence next week at the project site located in between the Texas Rangers' Globe Life Park and the Dallas Cowboys' AT&T Stadium in Arlington, TX.

"We were obviously hoping that a few more October games would delay this for a little longer," said Rob Matwick, Rangers Executive Vice President for Business Operations. "However, the Rangers had a great season with a second consecutive division title and now the excitement grows as we will begin site work for this long-awaited development in the Arlington Entertainment District. We can't wait to get started."

Texas Live! will be a major economic engine to the local community and create maximum community benefits to the City of Arlington and its residents. The $250 million first phase will include 200,000 square feet of premier dining and entertainment space; a 5,000-capacity outdoor event pavilion; a full-service 300-room convention hotel; and a 35,000 square foot meeting/convention facility.

"This announcement marks an important milestone for the City of Arlington, Texas Live! and its development team," stated Mayor Jeff Williams. "The Texas Rangers and The Cordish Companies are delivering exactly as announced last month in their ongoing commitment to bringing a world-class, sports-anchored destination to Arlington in 2018."

Texas Live! will bring over 3,000 new jobs and 3 million new visitors to Arlington upon its opening in 2018. The dining and entertainment portion of the project will open in the Spring of 2018 with Opening Day and the hotel/convention facility will open in the Fall of 2018.