The Dallas Stars announced Tuesday they have signed a letter of intent for a potential new arena in the suburb of Plano.

They are proposing building a new arena at The Shops of Willow Bend as part of a potential new mixed-use development that would make it a sports and entertainment district.

The Stars said in their statement they have signed a nonbinding LOI that was submitted to the City of Plano and will go before the Plano City Council next Monday.