The arena may be used for other indoor sports, entertainment, cultural and civic events, per previous reporting. The city and DSE are also collaborating to add new public transportation options for the venue and to add future initiatives for youth sports education, small business engagement and other community-focused efforts in Plano.
The incentive agreement with Centennial will help cover costs of demolition of the “inline space of the mall, theater, Dillard’s and The Crayola Experience,” according to city documents. It will also help develop a new 6,500-square-foot visitor’s center.
The demolition is expected to cost $25.3 million, with Equinox, Crate & Barrel, the Neiman Marcus building, the mall’s 65,000-square-foot restaurant district and parking structures to remain, Plano Economic Director Michael Talley said.
Demolition of the mall is expected to begin in early 2027, Talley said.