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.

Is the following statement correct based on the text

are they building a new texas rangers stadium
yes