FRISCO, TX—The Frisco city council voted Monday unanimously to fund a $115 million sports complex that would relocate the Dallas Cowboys’ practice facilities in 2016.
“On behalf of the council, I’d like to welcome the Dallas Cowboys and the Jones Family to Frisco,” Councilman Scott Johnson, Place 6, declared near the meeting’s end.
According to the agreement reached with the city of Frisco, Blue Star Stadium, Inc., Blue Star HQ, Inc., and Blue Star Frisco, LP., all subsidiaries of the Dallas Cowboys, the club’s new headquarters will cost $25 million, a little over 20% of the total expenditures, and the football franchise is on the hook for any costs that exceed the $115 million target along with paying for the annual maintenance and operation costs, which project to be $1.5 million yearly.
The proposed site is a 250-acre tract of land owned by the city at the corner of Dallas Parkway and Warren Parkway. Ron Patterson, assistant city manager for the city of Frisco, stated that the city intended to build a new sports complex for the Frisco Independent School District, and that the Dallas Cowboys were not the impetus for this project.
David Moore of the Dallas Morning News reported that the Cowboys and the FISD would share an indoor stadium, which would be the the first indoor high school stadium in the state of Texas. At Monday’s meeting, it was revealed by Mr. Patterson that the FISD would have first priority over the indoor stadium and not the Dallas Cowboys. The Frisco Economic Development Committee will fund $30 million of the infrastructure, stadium, and parking through a sales tax.
Elizabeth Morris, CEO and chief economist for Insight Research Corporation, estimated that the new sports complex would create 4,500 jobs by 2026 and would bring Frisco $23.4 billion in a thirty year span.
“This is something that not only benefits Frisco, but it benefits the entire community,” Councilman Johnson remarked.
The theory for the increased revenue comes from tourism dollars spent at restaurants and hotels, since the indoor stadium will be suitable to host high school football playoff games.
Mayor Pro Tem Jeff Cheney added a portend of things to come when he remarked people will, “want to spend weeks here for training camp.”
Frisco Mayor Maher Maso said he spoke with Mayor Robert Cluck of Arlington and Mayor Beth Van Duyne of Irving, and admitted to being a bit competitive on bringing the Cowboys to Frisco. He stated the sports complex is still a win for the region.
Perhaps the most interesting item the mayor shared was that he was comfortable enough with Dallas Cowboys Executive Vice President Stephen Jones’ handshake to know it would be a good deal for Frisco, indicating that Jerry Jones was not as much of a leader in these negotiations as he has been in other big deals for the Cowboys.
The city of Frisco and the Dallas Cowboys are speeding things up to play ball and practice ball in the fall of 2016, which will be the 33rd year of the last structure in the Dallas Cowboys mythos associated with founding owner Clint Murchison.