#1 out of 2
sports11h ago
Mavericks plan to build new arena, entertainment district in North Dallas
- Mavericks announce plan to build an arena and entertainment district at the Valley View Mall site in North Dallas.
- Project location is about 12 miles north of the current arena, amid plans for a mixed-use district.
- Leased space: current arena lease runs through July 2031, keeping Mavs in Dallas through 2030s.
- Team aims to open the new venue in the 2031-32 season.
- Rick Welts named CEO to oversee the arena project and development strategy.
- Welts cites need for at least 50 acres for the project and potential spurring of area development.
- Mavericks emphasize staying in Dallas and creating an economic catalyst for residents.
- Valley View site chosen over a potential downtown Dallas location.
- Mavericks have won one championship, 2011, while at American Airlines Center.
- The project is described as a 'largest sports development' by Welts in planning remarks.
- Officials expect the project to drive additional development in North Dallas.
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