Rangers Want $1-Billion Retractable Roof Stadium

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

ARLINGTON -- The main purpose of any home is to provide a roof over your head, and the Rangers are opting for the drop top variety. On Friday, in the ultimate move to keep up with the Joneses, the City of Arlington and the Texas Rangers announced plans to build a new retractable roof stadium.

"The Texas Rangers have chosen to stay in Arlington, Texas,” announced Arlington Mayor Jeff Williams.

Rangers Co-Chairman Ray Davis expects the project to be completed sooner than many anticipated, "April of 2021, we'll be playing ball in the new stadium."

But a new stadium means new costs. Mayor Williams explained that the initial financing will be split evenly and that any overages will be taken on by the Rangers, "The deal is 50/50. The city would put in $500 million, $500 million investment also by the Rangers."

As always the expectation is that the investment will reap major benefits for Arlington's economy.

"Whenever we have invested in the Entertainment District it has paid off tenfold,” said Williams.

Although critics of the new stadium point out that those tax dollars could possibly be put to better use, like on a better public transportation system.

Any Arlington-based critic will have their chance to have their voice heard in November, that's when taxpayers will officially be able to vote Yes or No on the new stadium.

We have a feeling the upcoming summer heat may sway a few votes in a certain direction.