"Being on the forefront of new ideas and setting trends is in our DNA and part of who we are as The American Dream City," Williams said. "Esports Stadium Arlington will further cement our city's status as a national and international tourist destination. Players and fans will come here for the tournaments and they'll stay even longer to experience everything Arlington has to offer."

By collaborating with award-winning sports and entertainment architecture firm Populous, the City of Arlington and Esports Venues, LLC, plans to invest $10 million into the Arlington Convention Center to transform it into a stadium that offers the most immersive spectator experience in the live esports event market.

"This esports stadium will transform the Arlington Convention Center and position the city as the epicenter for esports in the heart of North America," said Brian Mirakian, senior principal at Populous. "Esports fans will encounter a live experience unlike any other, by way of space for up to 1,000 spectators, VIP amenities and year-round event potential."

The City's proposed agreement with Esports Venues, LLC, includes an initial 10-year lease with a 10-year renewal option. Arlington's renovation and equipment investments would be repaid through annual lease payments, event revenue, stadium naming rights revenue and other opportunities associated with catering to the esports industry.

Arlington's ability to adapt to an emerging sports entertainment market and readiness to make strategic investments to attract the esports tournaments and other high-tech entertainment events reflects the City's drive to remain a thriving tourism destination, said Ron Price, Arlington Convention & Visitors Bureau president and CEO.

In 2017, the global esports market was valued at nearly $493 million. By 2020, esports is estimated to be a $1.5 billion industry.

"We are creating the most unique and technologically advanced space available for meetings and conventions in North Texas. The production capabilities and technological innovations being introduced to the current facility are like nothing the market has seen before," Price said. "Arlington's ability to deliver an elevated customer experience can only serve to expand the meeting and convention market for the city."

The stadium will be managed by NGAGE Esports, one of the nation's leaders in the field of entertainment marketing. NGAGE has a proven track record of working with some of the world's biggest companies to combine social media, design, asset building, brand partnerships and activations to optimize fan engagement.

"We are extremely excited for the opening of Arlington's esports stadium and see it as nothing short of a milestone for the industry. Our collaboration with the City of Arlington will give Texas and American esports a platform worthy of the vitality and impact it's so swiftly developed," said NGAGE President Jonathon Oudthone.

Arlington is already home to an active, engaged gaming community at the University of Texas at Arlington.

"We are proud of our students and pleased that they will be able to share in the events and competitions that will take place in this world-class facility just 10 minutes from campus," said UT Arlington President Vistasp Karbhari. "I'm grateful for the wonderful collaboration that exists between UT Arlington, the city and our community and look forward to another wonderful partnership that will keep Arlington and the metroplex at the forefront of this new exciting enterprise."

The City's planned stadium, which displays the adaptive re-use potential of esports, would feature a major competition event space, gaming, retail and social spaces, VIP hospitality, a broadcast studio and team training areas.

"I know the gaming community across the globe is going to fall in love with this stadium and with Arlington," Mayor Williams said. "We're ready for the biggest tournaments in the esports industry to call Arlington home."