The push to bring the San Antonio Missions and Spurs downtown raises questions about the impact on existing infrastructure and affordability.
Growth was the key theme of business news in 2024, focusing on grand visions for the future and how communities are navigating the consequences and uncertainties surrounding the state's electric grid. Top business storylines revolved around the impact on major employers, professional sports teams , the space industry, healthcare, the military, and manufacturing.
One prominent story involves efforts to relocate the city's baseball and basketball teams downtown, raising concerns about its effects on housing, property values, traffic, parking, and taxpayers. If city leaders, sports teams, and developers succeed in their visions, downtown San Antonio will feature a baseball stadium for the Missions and a large sports and entertainment hub with a new arena for the Spurs. This dream requires demolishing the Institute of Texan Cultures, a relic of the 1968 World's Fair, and the Soap Factory Apartments, known for its affordable rents and numerous units. The Missions' ownership, led by Weston Urban co-founders Graham Weston and Randy Smith, acquired the franchise with the goal of bringing the team downtown. Facing pressure from Major League Baseball to finalize a plan for either upgrading Nelson W. Wolff Municipal Stadium or constructing a new ballpark by opening day, they are exploring their options as renovations to the 30-year-old West Side stadium appear too expensive
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