The owners of the Missions are asking the city of San Antonio and Bexar County to help finance the stadium.
The San Antonio Missions could be playing baseball in a new stadium near San Pedro Creek Culture Park downtown by April 2028. The team’s owners plan to build a 4,500-seat ballpark for the Double-A team largely with public money, according to a letter and term sheet that Mayor Ron Nirenberg and Bexar County Judge Peter Sakai recently sent to Major League Baseball . The document doesn’t include a price tag for the stadium.
After struggling to get City Hall’s attention, Missions owners win mayor’s support for new ballpark It would be financed with bonds issued by a newly-created San Pedro Creek Development Authority, according to the term sheet. Debt on the bonds would be paid with revenue from a new tax assessment district and the city and county’s portions of the property tax increment generated by new development within the Houston Street Tax Increment Reinvestment Zone.
Downtown ballpark a field of dreams for developers — but would public benefit? County commissioners are scheduled to discuss the group’s plans in a closed-door session Tuesday. Bexar County Commissioners Court and the City Council must publicly vote on any financing terms. “We expect such authorizations to come before these bodies in the fall of this year and the execution of definitive agreements as soon as practicable thereafter,” Sakai and Nirenberg’s letter states.
Missions owners planning new downtown ballpark near San Pedro Creek Culture Park, source confirms The other owners include Weston Urban co-founders Graham Weston and Randy Smith, Spurs Chairman Peter J. Holt, onetime Clear Channel radio executive Bob Cohen, former Mayor Henry Cisneros, Spurs legends David Robinson and Manu Ginobili, Avanzar Interior Technologies CEO Berto Guerra, Operational Technologies Corp.
Major League Baseball Express-News City Council San Pedro Creek Development Authority City Hall Weston Urban Spurs Operational Technologies Corp. Avanzar Interior Technologies Clear Channel Fox Tech High School San Antonio Independent School District Alamo Downtown Automotive County Commissioners Peter Sakai Designated Bidders LLC Ron Nirenberg Missions Henry Cisneros Berto Guerra Max Navarro Bob Cohen Peter J. Holt Hope Andrade Bruce Hill Graham Weston Cortez Manu Ginobili David Robinson Randy Smith Rand Milam San Antonio San Pedro Creek Culture Park Bexar County Downtown Ballpark Houston Street Tax Increment Reinvestment Zone La Familia Cortez Restaurants Texas Nelson W. Wolff Municipal Stadium Houston Street Soap Factory Continental Hotel Weston Centre Frost Tower West Side Missions Opening Day 300 Main Savoy
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