Dallas Mavericks Exploring Move to City Hall Site as Lease Deadline Approaches

Photo by Michael Davis, Stadium Journey

As the expiration of their lease at the American Airlines Center approaches in 2031, the Dallas Mavericks are making bold moves to secure their future in the city. Team CEO Rick Welts recently emphasized the franchise's commitment to remaining in Dallas during a sports economic panel discussion, dispelling rumors of a possible relocation.

"Dallas is what's really important. Take away anything from today, our commitment is to do  everything in our power to build this in Dallas."

This declaration underscores the team's dedication to not only staying put but also enhancing the community through an ambitious new arena and entertainment district.

The envisioned facility goes beyond a simple arena; Welts described a mixed-use development that will cater to a wide array of community needs. The plans include a hotel adjacent to the arena, downtown coproate headquaters, a new pratice facility, residential units and retail spaces, and year-round entertainment offerings.

.The Mavericks are currently focusing on two prime locations for the new arena, one of which is the Dallas City Hall site. Another area under consideration is the former Valley View Mall in North Dallas. Discussions with city leadership, including Dallas City Manager Kimberly Tolbert, have been ongoing for over a year as the team evaluates potential sites.

Welts noted, "We would like to have 50 continuous acres that allow a real environment where you feel like you're in a space that's well thought out."

Photo by Michael Davis, Stadium Journey

The estimated costs for repairing the City Hall building are around $329 million, while a complete modernization could exceed $1 billion. Mayor Johnson remarked on the responsibility city leaders have to their taxpayers, indicating that a decision will be made during a council discussion expected in late May.

The Mavericks aim to announce the location of their new arena and entertainment district by July. With a construction timeline of approximately 30 months, the goal is to open the new facility before the lease at the current arena expires, ensuring that the Mavericks remain a central part of the Dallas community.

Welts added, "So the city is aware of our timetable for any particular site; that puts a lot of pressure, but also puts a lot of motivation to try to get something done in the next few months."

The Dallas Mavericks are not just focused on their next chapter but are committed to enriching the city they call home, making significant strides to ensure their legacy in Dallas for years to come.