Cordish Cos., Texas Rangers Start Luxury Project
The community is part of $1 billion in development underway in the Arlington Entertainment District.
One Rangers Way. Image courtesy of The Cordish Cos.
Major League Baseball’s Texas Rangers and The Cordish Cos. have broken ground on luxury community One Rangers Way in the Arlington Entertainment District in Arlington, Texas. Slated to open in 2024, One Rangers Way will give residents the chance to live in an upscale rental building steps from Globe Life Field, home of the American League MLB team based in Arlington since moving to Texas in 1972. Also near One Rangers Way will be Choctaw Stadium and AT&T Stadium.
The 300-unit apartment community will feature a blend of one- and two-bedroom and penthouse apartment homes, as well as a 423-space parking garage. Residential units will offer high-end appliances, above-average ceiling heights and floor-to-ceiling windows. The property will also meet National Green Building Standards certification.
A game lounge with billiards and ping-pong tables will be among the 43,000 square feet of space for interior and exterior amenity offerings.
Steps away
The project continues the next phase of more than $1 billion in new development now underway within the Arlington Entertainment District, which commenced with the opening of Texas Live! four years ago. Also included in the Arlington Entertainment District will be the forthcoming Lowes Arlington Hotel & Convention Center, National Medal of Honor Museum and Spark Coworking. Residents will benefit from convenient access to the Richard Greene and Dr. Robert Cluck Linear Parks, which offer open areas for strolling, intriguing art sculptures and almost 3 miles of paved paths throughout the Arlington Entertainment District for biking, walking and running.
In a prepared statement, The Cordish Cos. officials reported One Rangers Way represents a step toward the greater $4 billion vision of the city of Arlington, Texas Rangers, The Cordish Cos. and Lowes Hotels & Co. to transform the Arlington Entertainment District into the nation’s leading sports, entertainment, hospitality, cultural and lifestyle destination. The partnership’s total investment in new development amounts to more than $2.4 million. Two months ago, Cottonwood Group and Texsun Holdings acquired a portfolio in the Fort Worth market.
