HKS to design $1B retractable-roof stadium for Texas Rangers

Markets Associated Press

This undated photo provided by HKS shows the preliminary design for the new ballpark to be built in Arlington, Texas. The HKS architecture firm will design a $1 billion retractable-roof stadium for the Texas Rangers. Team officials on Thursday, Jan. ... 5, 2017, announced the selection of Dallas-based HKS, which also was the architect for Globe Life Park. (HKS via AP) (The Associated Press)

The HKS architecture firm will design a $1 billion retractable-roof stadium for the Texas Rangers.

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Team officials on Thursday announced the selection of Dallas-based HKS, which also was the architect for Globe Life Park. The current venue opened in 1994.

The new ballpark will be funded as a public-private partnership between the city of Arlington and the Rangers.

Arlington voters in November approved extension of a half-cent sales tax, 2 percent hotel-occupancy tax and 5 percent car-rental tax for the new Rangers stadium. That revenue previously went to defray Arlington's $155 million debt on its share of the cost of AT&T Stadium, the home of the NFL's Dallas Cowboys.

The design for the new ballpark is underway. The stadium should be completed in time for the 2020 MLB season.