It's Official....... Your Dallas Cowboys have a new place to call home.
The Frisco City Council and the Frisco city's school board voted to approve a 115 million dollar agreement to build the new Dallas Cowboys headquarters and practice complex in Frisco,Texas.
The Cowboys new complex will include a five-acre office complex, a 12,000 seat indoor stadium, and a 66-acre retail, hotel and restaurant district.
- The city of Frisco spends $30 million in tax revenue from the existing Tax Increment Reinvestment Zone surrounding Stonebriar Centre mall.
- Frisco ISD will spend an additional $30 million from the same fund.
- The Frisco Community Development Corporation also agrees to spend $25 million in sales tax revenue for the project, making it an $85 million facility, which the city will own and the Dallas Cowboys will lease.
- Frisco ISD will have exclusive use of the facility on Thursday and Friday nights, meaning high school football teams will play there.
Credit: WFAA News 8