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Another new development centered around the sports stadiums in Arlington’s Entertainment District is in the works.
The Texas Rangers and The Cordish Companies announced on Friday that One Rangers Way, a 300-unit upscale residential community, will soon emerge in the heart of the city’s sports entertainment options.
The project adds to the nearly $1 billion of new development currently under construction in the Entertainment District, including the forthcoming Loews Arlington Hotel & Convention Center and National Medal of Honor Museum, which recently broke ground on March 25.
“The construction of One Rangers Way will bring a new dimension to the ongoing development in the Arlington Entertainment District,” says Texas Rangers managing partner and majority owner Ray Davis in a statement. “This area is becoming a nationally renowned sports and entertainment destination with world-class facilities that have already been completed and several other projects that are well underway.”
According to a press release that coincides with the announcement, the complex will be located at Nolan Ryan Expressway, adjacent to Choctaw Stadium (the Rangers' former home) and the National Medal of Honor Museum. One Rangers Way will celebrate the rich history of the state of Texas and showcase a unique design and curated art collection inspired by the Texas Rangers and America’s favorite pastime.
Officials boast that its integration with the Entertainment District and proximity to the museum and sports stadiums, Texas Live!, Live! by Loews, and Loews Arlington Hotel & Convention Center will offer a completely unique residential experience.
The apartment community is being designed by Hord Coplan Macht. Construction is expected to begin in the fall, with a scheduled opening in 2024.
The development represents another step forward toward a greater $4 billion vision by the city of Arlington, Texas Rangers, The Cordish Companies and Loews Hotels & Co to transform the Entertainment District into a premier sports, entertainment, hospitality, cultural and lifestyle destination in the country.
Together, the total investment of new development by the partnership totals over $2.4 billion.
“One Rangers Way, another jewel for our great city, will bring unmatched lifestyle options to our community and create even more vibrancy for our growing Entertainment District,” Arlington Mayor Jim Ross says.