Voters in Plano, Texas, rejected a tax proposal tied to the Dallas Stars' planned new arena. The measure would have authorized taxes on tickets, parking, car rentals, and hotel rooms to help pay off up to $700 million in bonds for the $3 billion mixed-use development at The Shops at Willow Bend. The arena, intended to be owned by the city and leased by the Stars for 30 years, is part of a larger redevelopment project that would include sports, entertainment, retail, and dining. Plano Mayor John Muns emphasized the community's commitment to responsible stewardship of taxpayer dollars. The Stars hope to move from the American Airlines Center in 2031, about 20 miles north, when their lease expires. The vote was specifically about the proposed taxes, not the arena's construction.
The Dallas Mavericks also have plans for a similar project away from downtown, about 10 miles north on the former site of a Dallas mall.
Source: ESPN NHL · Summarized by HeadlinesBriefing