Sweltering summers have plagued both the Rangers and their fans since moving to Arlington, TX in 1972, first at Arlington Stadium and presently at Globe Life Park. When the Rangers current ballpark was designed in the early 1990s previous ownership rejected the idea of a retractable roof, favoring a retro-style ballpark. Although the team has recently spent over $50 million upgrading Globe Life Park, they announced plans to build a new $1 billion retractable roof stadium adjacent to the current one in May 2016. The City of Arlington and the Rangers would share the cost of the stadium and extend their lease through the 2053 season. Arlington plans to use a half-cent sales tax, 2 percent hotel tax and 5 percent car tax to fund their portion of the facility. On November 8, 2016 voters approved the proposition to fund a new ballpark for the Rangers, keeping them in Arlington until 2053.
The ballpark will be built in parking lots across Randol Mill Road from Globe Life Park. The new ballpark is projected to have a smaller seating capacity than Globe Life Park, approximately 41,000 and will open in 2020. This ballpark will be built in conjunction with Texas Live!, an entertainment complex the Rangers plan to build within existing parking lots. It will feature a hotel, convention center, courtyard, retail stores, restaurants and clubs. The ballpark will have a familiar name as the Rangers current ballpark. In August 2017, the Rangers and Globe Life and Accident Insurance Company extended the naming rights agreement that’s currently attached to the Rangers ballpark to their future ballpark. It will be known as Globe Life Field.