Plans for the redevelopment of the 1.5 million square foot Parks Mall have been approved and will start with converting a former Sears into one of the few Dick’s House of Sport in the country.

Dick’s Sporting Goods first plans to convert the vacant 120,000-square-foot former Sears anchor location into a Dick’s House of Sport. Then, mall ownership would transform the current 80,000 square foot Dick’s Sporting Goods space to attract multiple new retail, restaurant, entertainment, and service tenants. These improvements are designed to draw more shoppers and boost sales. Since 2018, the mall’s assessed value has decreased by 19.3%, or $48.7 million. The multi-phased redevelopment is expected to generate substantial property tax and sales tax revenue for Arlington.

The Dick’s House of Sport would include indoor and outdoor sports fields and courts for visitors to use during community events hosted by the store year-round. This phase will cost $45 million.