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It looks like the Mavericks<\/a>\u2019 years in downtown Dallas are numbered. The franchise announced Monday its plans to head north, with hopes of moving into a new arena in time for the 2031-32 season after its American Airlines Center lease expires.<\/p>\n The Mavericks confirmed that they\u2019ve reached a preliminary agreement to build that arena and a corresponding entertainment district in North Dallas at the former Valley View Mall site, which is a bit more than 11 miles away from the AAC, where the Mavs have called home since 2001.<\/p>\n \u201cAfter seriously studying and considering several options, while working closely with the City of Dallas to identify possible locations for a new Dallas Mavericks arena and entertainment district, the Mavericks organization has entered into option agreements for the potential purchase of approximately 104 acres at the former Valley View mall site.<\/p>\n \u201c\u2026 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. Done thoughtfully and with community engagement, a project of this scale will serve as a meaningful economic catalyst for Dallas and its residents.\u201d<\/p>\n The statement also emphasized: \u201cWe believe in Dallas, and our priority has been clear from the beginning: keeping the Dallas Mavericks in Dallas.\u201d<\/p>\n<\/div>\n<\/blockquote>\n Rick Welts was brought on as Mavericks CEO in January 2025. He came over with arena-project experience, having overseen the Golden State<\/a> Warriors\u2019 construction of the Chase Center in San Francisco.<\/p>\n Advertisement<\/p>\n As reported by The Athletic<\/a>, Welts said earlier this spring that the organization would need a tract of at least 50 acres to build on. This one\u2019s more than double that size.<\/p>\n\n