Voters in Collin County have rejected a tax proposal tied to plans for a new Dallas Stars arena in Plano, throwing the suburban hockey venue into uncertainty and reopening the door for the Stars to consider a return to the city of Dallas, according to ESPN, the Sports Business Journal and the Dallas Business Journal.

The tax measure was the financing backbone of a plan to build a new arena in Plano to replace the aging Stars home in the Victor Park area near the Dallas city line. With voters unwilling to approve the public contribution, the project’s schedule and funding picture are now unclear, and analysts said the setback raises bigger questions about where and how North Texas sports venues get financed in the years ahead.

Sports business outlets reported that the Plano defeat has revived speculation about downtown Dallas sites, where city officials have long courted the team. The Stars currently play at a venue that is among the older buildings in the NHL, and the franchise has been searching for a modern replacement with expanded revenue-generating space for several years.

The Plano vote was part of a broader election night pattern across North Texas, where voters showed reluctance on large public finance requests. Collin County voters also opposed an $817.5 million county bond package and a separate $600 million Collin College bond proposal, according to Community Impact and Local Profile, a sign of taxpayer fatigue even in one of the fastest-growing counties in the country.

For Plano and Collin County, the decision carries economic stakes beyond hockey. New arenas are typically pitched as anchors for mixed-use districts with restaurants, hotels and offices, and the failed proposal had been expected to accelerate development around the site. City leaders now face the choice of revising the offer, seeking private financing or losing the project entirely.

The Stars organization had not commented on its next move as of Thursday. Whatever the team decides, the vote marks a turning point in the region’s decade-long run of public support for major sports infrastructure, and developers who had positioned land near the proposed Plano site are recalculating.

The arena’s collapse follows years of negotiation between the team, the city of Plano and landowners near the proposed site. Public financing packages for North Texas venues have typically blended hotel and rental car tax revenue, sales tax rebates and team contributions, and the Plano measure would have extended a tax mechanism to cover the public share. Voter resistance to that mechanism reflects a national cooling toward sports subsidies, even in fast-growing suburbs that have previously competed hard for such projects.

Election night brought other rebuffs. Alongside the arena measure, Collin County voters rejected the $817.5 million bond package and the $600 million Collin College proposal, capping a ballot where tax measures generally underperformed expectations. Political observers attributed the pattern to property tax fatigue, with homeowners confronting rising appraisals and insurance costs across the metroplex.

The Stars’ options now include renegotiating a smaller public contribution, courting another municipality, or revisiting sites within Dallas city limits, where leaders have pitched downtown revitalization as a potential landing spot. Any path requires years of planning before a new building could open, meaning the team’s current arena, one of the older buildings in the league, will need continued maintenance investment in the interim.