Loews hotel to anchor new $810M Texas project

Arlington, Texas, will be home to the new Loews Arlington Hotel and Arlington Convention Center Photo credit: Loews Hotels & Co

Arlington, Texas, announced plans for an $810 million expansion of the Entertainment District, which would add a hotel, a new convention center, corporate office headquarters, a mixed-use residential building, small business coworking and incubator space, and more dining, retail and entertainment options.

The Arlington City Council entered into a public-private partnership over a 30-year period to facilitate the development project, which will further strengthen Arlington's convention and tourism opportunities and create new revenue, housing and jobs for the community. The expansion is a continuation of the public-private partnership between the city of Arlington, the Texas Rangers, Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation, and The Cordish Companies.

The expansion will consist of a $550 million, 888-room Loews Arlington Hotel. The hotel will be connected to a new Arlington Convention Center, which will offer 216,000 square feet of meeting and outdoor function space. The development also will include a mixed-use residential building with 280 units and 100,000 square feet of retail, entertainment and Spark coworking and incubator space. Additionally, the project includes a public garage and a 200,000-square-foot corporate office headquarters in the Arlington Entertainment District.

This expansion is the next phase of a greater $4 billion vision by the city of Arlington, the Rangers, Cordish and Loews that began with the $250 million Texas Live!, which opened August 2018, and Live! by Loews Hotel which opened in August 2019. Together, along with the Rangers' new Globe Life Field, the total investment of new development by the partnership totals more than $2.25 billion. The new mixed-use project is expected to generate approximately $1.8 billion in economic benefits to Arlington and Tarrant County.