Saturday, May 18, 2024

The Texas Rangers and The Cordish Companies Announce Next Phase of Development in the Arlington Entertainment District


Located at Nolan Ryan Expressway adjoining to Choctaw Stadium and the National Medal of Honor Museum, One Rangers Way will have fun the wealthy historical past of the state of Texas and showcase a novel design and curated artwork assortment impressed by the Texas Rangers and America’s favourite pastime. Its integration with the Entertainment District and proximity to Globe Life Field, Choctaw Stadium, AT&T Stadium, Texas Live!, Live! by Loews, Loews Arlington Hotel & Convention Center and the National Medal of Honor Museum will supply a unique residential expertise. The 300-unit condo neighborhood, designed by Hord Coplan Macht (HCM), will meet National Green Building Standard® (NGBS) certification and will characteristic high-end supplies and home equipment, expansive ceiling heights and floor-to-ceiling home windows. The constructing will supply a combination of 1-bedroom, 2-bedroom and penthouse condo houses, in addition to a parking storage with 423 areas.

“The construction of One Rangers Way will bring a new dimension to the ongoing development in the Arlington Entertainment District,” stated Texas Rangers Managing Partner and Majority Owner Ray Davis. “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. The Texas Rangers are proud to join the City of Arlington and The Cordish Companies in building this unique residential community in the heart of the Entertainment District.”  

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One Rangers Way will supply one of the most luxurious, resort-style condo communities in the nation with over 43,000 sq. ft of inside and exterior amenity area. The venture will supply an upscale resident expertise and life-style with one-of-a-kind facilities and providers on par with the best residential and apartment buildings in the nation. The constructing will characteristic an expansive exterior amenity deck and inexperienced areas, an outside infinity edge pool, indoor and out of doors leisure areas, state-of-the-art health amenities, workplace workspaces, unique resident occasions, concierge providers, and extra. Residents can even get pleasure from direct entry to the Richard Greene & Dr. Robert Cluck Linear Parks that provide wide-open areas for strolling, fascinating artwork sculptures and shut to three miles of paved paths all through the Entertainment District for strolling, operating, and biking.

“It is an honor for The Cordish Companies to continue our partnership with the Texas Rangers and the City of Arlington to deliver a transformative project for Arlington,” stated Blake Cordish, Principal of The Cordish Companies. “One Rangers Way will become one of the most special residential communities in the country with its proximity to three iconic stadiums and forthcoming National Medal of Honor Museum. We remain committed to delivering a best-in-class, mixed-use development in the Entertainment District that will benefit the Arlington community and be a national draw for tourism for decades to come.” 

Today’s announcement represents an thrilling step ahead towards a larger $4 billion imaginative and prescient by the City of Arlington, Texas Rangers, The Cordish Companies and Loews Hotels & Co to remodel the Entertainment District into the premier sports activities, leisure, hospitality, cultural and life-style vacation spot in the nation. Together, the whole funding of new growth by the partnership totals over $2.4 billion.

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“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 stated. “We are grateful for this transformative development, made possible by our partnerships with the Texas Rangers and The Cordish Companies.”

One Rangers Way will start development this fall and is slated to open in 2024. For extra information and to remain up-to-date on news, please go to www.OneRangersWay.com.

About The Texas Rangers

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In 2022 the Texas Rangers are celebrating their 50th anniversary since the franchise moved from Washington, D.C. to Arlington, Texas for the 1972 season. The Rangers have superior to postseason play eight instances since 1996, profitable seven American League West Division titles and advancing to the World Series in 2010 and 2011. In 2020, the Rangers opened lovely Globe Life Field, which isn’t solely the staff’s house but additionally a multipurpose sports activities and leisure venue that features capabilities for internet hosting quite a few native, regional, and nationwide occasions. The $1.25 billon facility features a 5.5 acre retractable roof, which supplies for max consolation of friends all through the yr. The Rangers group has additionally been instrumental in partnering with the City of Arlington, The Cordish Companies, and Loews Hotels & Co. on the growth of the Arlington Entertainment District right into a world-class sports activities and leisure vacation spot. Rangers Baseball Express LLC grew to become the sixth proprietor in Rangers historical past when it accomplished buy of the membership on August 12, 2010.

About The Cordish Companies

The Cordish Companies’ origins date again to 1910 and embody 4 generations of privately-held, household possession. During the previous ten many years, The Cordish Companies has grown into a worldwide chief in Commercial Real Estate; Entertainment Districts; Sports-Anchored Developments; Gaming; Hotels; Residential Properties; Restaurants; Coworking Spaces; and Private Equity. One of the largest and most revered builders in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments which can be of distinctive significance to the cities in which they’re positioned. The Cordish Companies has developed and operates extremely acclaimed eating, leisure and hospitality locations all through the United States, many falling beneath The Cordish Companies’ Live! Brand, extremely thought to be one of the premier leisure manufacturers in the nation. Welcoming over 55 million guests per yr, these developments are amongst the highest profile eating, leisure, gaming, lodge and sports-anchored locations in the nation. Over the generations, The Cordish Companies has remained true to the household’s core values of high quality, entrepreneurial spirit, long-term private relationships and integrity. As a sworn statement to the long-term imaginative and prescient of its household management, The Cordish Companies nonetheless owns and manages just about each enterprise it has created. For extra information go to www.cordish.com or observe us on Twitter.  

“The Cordish Companies,” “The Cordish Company” and “Cordish” are emblems used beneath license by unbiased companies, authorized legal responsibility firms and partnerships (“Cordish Entities”). Each Cordish Entity is a separate, single-purpose authorized entity that’s solely accountable for its obligations and liabilities. No frequent operations or monetary interdependency, and no intermingling of property or liabilities of the Cordish Entities exists, or must be deemed to exist, in consequence of the potential frequent reference to a number of unbiased entities working beneath the names “Cordish,” “The Cordish Companies” or “The Cordish Company” right here or elsewhere.

SOURCE The Cordish Companies





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