New York hospitality company Loews Hotels & Co will bring a second hotel to Arlington. The $550 million Loews Arlington Hotel will be located across from Live! by Loews - Arlington, TX, on the current Texas Rangers' Lot J parking lot. This new addition marks the largest investment the company has made to date, outside of Orlando, Florida, where Loews operates and owns (50%) soon-to-be eight hotels as a joint venture with Comcast NBC Universal. Loews Arlington will feature 888 guestrooms, 216,000 square feet of indoor and outdoor function space, 1,500-space parking garage, two restaurants with outdoor terraces, two bars, a grab-and-go coffee shop, 8,000-square-foot pool with 18 cabanas, Loews Loves Families Kids Club, fitness center and a spa with six treatment rooms. Loews Hotels & Co has been a leader in the hotel industry for more than 70 years, offering distinctive experiences to its guests, for business, group, leisure and family travelers.