FY 2018 Popular Annual Financial Report FY 2018 Popular Annual Financial Report | Page 10

Popular Annual Invest in Our Economy T he “Invest in Our Economy” City Council priority is a vital component of the effort to ensure that our community continues to thrive. As Arlington strengthens its position as a key city in the North Texas region, we will develop a systematic approach that directs our future, addresses current and prospective challenges, and positions us to capitalize on opportunities as they develop. Esports Announced as New Game for Arlington The City of Arlington announced plans in March 2018 for a state-of-the- art esports stadium designed to draw competitive players and fans from around the world. The 100,000-square- foot Esports Stadium Arlington opened its doors in Arlington’s world-class Entertainment District just eight months after the announcement. The $10-million state-of-the-art competitive video gaming facility is the largest and most flexible esports stadium in North America. The venue, formerly known as the Arlington Convention Center, seats more than 2,500 spectators and features amenities purpose-built to serve the unique and Texas Live! Wows the Crowds PAGE 10 Thousands turned out in August 2018 for the grand opening of Texas Live!, one of the largest sports- anchored developments in the country. Visitors were wowed by the 200,000 square feet of best-in-class dining and entertainment venues, including Live! Arena, PBR Texas, Lockhart Smokehouse, Troy’s, Pudge’s Pizza, Sports & Social Arlington, Miller Tavern & Beer Garden and Guy Fieri’s Taco Joint. Arlington Backyard, a 5,000-capacity outdoor event pavilion, is expected to host more than 250 events annually, including concerts, art shows, festivals and community events. Live! by Loews, a 302-room flagship luxury hotel, will open next to Texas Live! in 2019. technologically advanced demands of the esports industry. These include a cutting-edge production studio and custom LED video walls, training rooms, player lounges, as well as hair and makeup studios.