- Around 2007 construction began for upscale townhome living at Chelsea Park near the Entertainment District.
- Three years later Dallas News reported…
“With collapse of Hicks’ Glorypark, few luxury townhouses near Cowboys Stadium have sold, but owners have no regrets”.
This morning the Ebby realtor told me that all 44 of the “built” Chelsea Park units are sold and that from time to time those do come up for sale. He also stated that the cement poured (in the long abandoned 49 unit expansion plan area) is slated to be removed and that land is for sale.
- As of December 2015, the city announced investments ($50 million from ATF) & incentives (ANOTHER estimated $50 million via *tax breaks) for the Texas LIVE , a $200 million mixed-use economic development project.
This Texas LIVE project would kinda take the place of Glory Park and the city wanted to MAKE SURE this plan did not fail. I was kinda wondering though why Jerry Jones wasn’t throwing any money at it since he would benefit from that project too.
But getting back to Chelsea Park….. if having the Rangers and the Cowboys did not solidify the completion of Chelsea Park with the planning of the Texas LIVE project, then that is a good indicator that sporting venues do NOT improve the area and in fact lends to automobile gridlock. Gridlock can explain partly why shops in the area are closing, and then there are other issues such as air quality degradation that make living near sports venues not so desirable. ADDITIONALLY Kelly Canon, former District 1 council candidate said,
“When I was block-walking in a 2-block vicinity of AT&T Stadium, the homeowners (and renters) seem to also have another big complaint… Internet connectivity! The AT&T Stadium sucks up all the bandwidth for an area, over about a half a mile radius of the stadium! So for roughly 6 to 8 hours during any home game, with AT&T Stadium using this ginormous “hotspot”, everyone living in that half-mile radius experiences a very annoying Internet blackout”!
I had the understanding back in December (when I spoke against using our ATF funds for Texas LIVE) that the Rangers were not happy that we did not have air conditioning at Globe Life Park and I suggested that we work with Jerry Jones to use ATT Stadium during the hottest summer months. Other cities use the same venue for different sporting events, why waste?
- Then in May of 2016, we were finding out about a “deal” to build an air conditioned, smaller baseball stadium that would be voted on in November. That “deal” was sharply criticised last night.
L I T M U S T E S T…..
One thing that folks keep revisiting is how to know IF the Rangers would leave Arlington IF we did not help them build HALF of a new ball park. My response is if you think about the TIMING of the planned ground breaking for Texas LIVE by the end of 2016 (ONE MONTH AFTER THE VOTE), then I predict that IF the 50/50 deal to build a stadium FAILS to pass in the November 2016 election AND the Rangers/Cordish’s Texas LIVE does NOT (or delays like the one in May of 2016) break ground within the following few months, that we would have supporting evidence/Litmus Test that the Ranger’s alleged threat to leave Arlington is real. “Then” we would have many more ***elections to figure out a better deal OR work on alternative solutions to keeping them in Arlington **AND in air conditioning or not in air conditioning…..
And if they DID leave the economic consequences per Andy Prior who wrote on FB on 8/2/16…
“I spoke with Jeff Mosier, DMN, and provided him with the following information that debunks the myth that 40-50% of Arlington sales tax revenues come from visitors:
In 2014 the CVB claims 10 million visitors spent $669 million in Arlington and generated $91 million in STATE and City sales tax revenues. (Source:http://www.arlington-tx.gov/…/si…/61/2016/05/Rangers-FAQ.pdf)
City share of $91 million is $19,906,250.
Total City sales tax revenue in 2014 was $95,389,822
Vistor’s share was less than 20.87%
Total Taxable Sales in Arlington in 2014 was $4,152,524,843, thus if visitors spent $669 million, it would be 16.1%”.
If our NO vote in November kills Texas LIVE, at least this would preserve the $50 million fracking related ATF blood money we may need to start plugging Arlington gas wells of possible, future bankrupt fracking operators…..
*tax breaks for Texas LIVE, “If the development proceeds, the city would provide the Texas Rangers performance-based incentives that include retaining income from the following sources: hotel occupancy tax, property tax, sales tax and mixed beverage tax for 30 years from the city and hotel occupancy tax and sales tax from the state for 10 years. The city would kick in $50 million; the development corps — Arlington Ballpark District Entertainment Block, LLC and Arlington Ballpark District Entertainment Block, Inc. — would pick up the rest”.
**Here is a $600 million solution versus the one billion dollar (which doesn’t include perfectly beautiful open roof stadium tear down) proposed project to build a new Ranger Stadium…..http://www.nytimes.com/2016/08/03/sports/tennis/united-states-open-arthur-ashe-stadium-roof.html?_r=1
***ELECTIONS for future “better” deal voting
City Elections – May 2017,
Primary Elections – March 2018
City Elections – May 2018
General Election – Nov 2018
City Elections – May 2019
Primary Election – March 2020
City Elections – May 2020
General Election – Nov 2020
City Elections – May 2021
Twice that number if you go until the lease is up in 2024. There is no reason to rush this.