Dallas Mavericks Eye 104 Acres to Move Arena From Downtown (1)

The Dallas Mavericks entered into an option agreement to purchase 104 acres of land that previously housed the Valley View Mall, a move that would mean leaving the city’s downtown.

“We have the opportunity to create a vibrant mixed-use destination anchored by a state-of-the-art arena, along with restaurants, entertainment options, public green spaces and family-friendly experiences,” the team said in a statement on Monday.

While the parcels lie within the Dallas city limits, they are about 10 miles (16 kilometers) north of downtown. Dallas has been trying to keep the Mavericks in the urban core and was weighing a plan ...