Plans to build a professional basketball team in Plano, Texas have stalled over fears the city will lose its NBA franchise in 2019, but a new proposal has emerged.
The new proposal is being presented by the Plano Chamber of Commerce to help build support for a team, according to The Dallas Morning News.
Plano is one of the earliest communities to endorse the new proposal, and the city has been one of several communities to support the plan, the newspaper reported.
The proposal, which has not yet been formally approved by the city council, would build a new arena at the site of a former Dallas Mavericks basketball arena and relocate the team’s arena and arena seating to a new building in Planowoc.
It would also allow for a new, expanded arena for concerts and events.
The proposed $150 million plan would also include the construction of an additional 100,000 square feet of new retail space in Planoville.
“We want to be a premier city for sports, and we are going to be one of those premier cities for professional sports,” Mayor Tom Butt told the newspaper.
“It’s important to get this plan done because it’s not going to happen without this plan.”
The city and the NBA are both seeking to keep the team in the city and it remains unclear when the team would relocate to Plano.
The Mavericks are now a part of the NBA Dallas franchise, which is headquartered in the Dallas suburb of Irving, Texas.
The NBA Dallas is owned by NBA owner and billionaire Mark Cuban.
The plan to move the team is part of a larger plan to expand the Dallas Mavericks and create an NBA-wide team.
A team could be built in Planovec, a suburb of Dallas, which borders Plano and has a population of just over 6,000.
Plans for a sports and entertainment complex at Planowocko, a small community near the Dallas-Fort Worth International Airport, have also been stalled in recent years.
Plans to renovate the airport were also shelved, and plans to create a new park at the nearby Dallas Zoo were dropped.