Dallas Stars’ $3B Arena Plan Hits Roadblock After Plano Vote
Voters decisively rejected a series of planned taxes.
A recent vote in Plano, Texas, has put a halt to part of the proposed $3 billion arena and mixed-use development plan by the Dallas Stars. In a 55%-45% vote, residents of the Dallas suburb rejected a proposition that would have created taxes to fund the city's $700 million share of the project. The rejection was fueled by broader concerns about affordability, local traffic, and congestion.
The rejected proposition aimed to redevelop land currently occupied by a dormant shopping mall. Plano Mayor John Muns stated that the redevelopment remains an opportunity for the community and emphasized the commitment to responsible tax stewardship. The Dallas Stars aim to move into a new arena by 2031, currently occupying the American Airlines Center in downtown Dallas.
City officials are preparing to reassess the financing approach without the authorized taxes. This development highlights the continued trend of pro sports teams moving away from downtown Dallas, similar to the Braves' move to suburban Atlanta.
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