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Plano Approves $1B Dallas Stars Arena, $700M Pledge

6/11/2026

45 9 Full Breakdown

Summary

Plano Approves Arena

June 8, Plano Council approved a Letter of Intent with the Dallas Stars to build an arena at Willow Bend.
Plano pledged $700 million toward $1 billion arena and created a Tax Increment Reinvestment Zone over 900 acres.
The city owns arena, leases it for 30 years and approved $15 million in demolition grants for 2027.
An election set for Nov. 3, 2026 will ask voters to approve taxes; open houses are planned for July 8 and July 14.

Summary

Muns Advances

Mayor John Muns announced Plano will advance a mixed-use district at Shops at Willow Bend with Levin Holdings, Cawley Partners and Centennial.
Steven Levin said the Willow Bend site blends sports, entertainment, retail, office and housing.
The city will launch an online page to update residents on arena planning.
The Dallas Mavericks unveiled a competing arena and entertainment district plan at the Valley View site north of the LBJ Freeway.

History

Historical Context

In 2004 Arlington voters approved a half-cent sales tax that funded $325 million of the Cowboys’ new stadium, later named AT&T Stadium, replacing Texas Stadium. Decades later, Plano’s city council pledged $700 million toward a $1 billion Willow Bend arena and a 900-acre tax-increment zone, a model echoed by Mayor John Muns and developer Steven Levin as Dallas Mavericks propose a rival mixed-use project.

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Plano Approves Arena

June 8, Plano Council approved a Letter of Intent with the Dallas Stars to build an arena at Willow Bend.
Plano pledged $700 million toward $1 billion arena and created a Tax Increment Reinvestment Zone over 900 acres.
The city owns arena, leases it for 30 years and approved $15 million in demolition grants for 2027.
An election set for Nov. 3, 2026 will ask voters to approve taxes; open houses are planned for July 8 and July 14.

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