<Tr> <Th_colspan="2"> Tenants </Th> </Tr> <Tr> <Td_colspan="2"> Texas Rangers (MLB) (2020--) planned </Td> </Tr> <P> Globe Life Field is a baseball park under construction in Arlington, Texas . It will serve as the home of the Texas Rangers of Major League Baseball . Globe Life and Accident Insurance Company, a subsidiary of McKinney, Texas - based Torchmark Corporation, owns the naming rights for the facility through 2048 . The new ballpark is going to be constructed across the street just south of Globe Life Park . </P> <P> On May 20, 2016, the Rangers announced that they would vacate Globe Life Park in Arlington . The new stadium will be constructed in a public / private partnership and have a retractable roof . The ballpark was approved on the following Election Day . HKS, Inc. was announced as the architect on January 5, 2017 . </P>

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