The city, Bexar County and San Antonio Spurs have signed an initial, non-binding agreement to relocate the team to a downtown arena.
We need community support to make our journalism possible — without a paywall.The City of San Antonio, Bexar County, and San Antonio Spurs took a significant first step on Friday toward makingThe three major entities have signed an initial, non-binding, agreement to relocate the San Antonio Spurs to a downtown arena and repurpose the Frost Bank Center.
Theshows their desire to work collaboratively to plan and accomplish these goals, the city, county and Spurs stated in a joint press release. “This agreement to pursue a downtown sports and entertainment district that includes the Spurs represents a shared commitment to the future of our community,” said Mayor Ron Nirenberg. “It also allows us to begin a thoughtful and transparent process— not only to explore what will be necessary to fund this project, but also to engage directly with our residents to better understand their needs and priorities.” The new “Sports and Entertainment District” would include an expansion of the Henry B. Gonzalez Convention Center, the construction of a new Convention Center Hotel, a land bridge over I-37 to connect the East Side to downtown, improvements to the Alamodome, renovation of the John Wood Courthouse into a live entertainment venue, mixed-use development, enhanced infrastructure and a new Spurs arena, the release said.about the future of the 23-year-old Frost Bank Center, formerly called the AT&T Center and prior to that the SBC Center, if the Spurs leave the Arena District. Locked out of the formal negotiations for Project Marvel last month, East Side Commissioner Tommy Calvert took the unusual step of producing and distributing a Bexar County Judge Peter Sakai aimed to assure residents Friday that the East Side will not be left behind in the process of creating a new sports and entertainment district. “I am happy that we have worked together to finalize this MOU,” he said. “We are looking forward to a potential November venue tax election to allow voters to voice their opinion on the new Spurs arena, which is the only component of Project Marvel involving Bexar County. “The venue tax will also be critical for us to deliver on my pledge to redevelop the East Side and use some of those funds to pay for much-needed improvements and upgrades,” Sakai added. The new arena will mark the fourth home for the Spurs. From 1973 to 1993, the team played at HemisFair Arena, a downtown venue that was eventually demolished to make way for new development. The Spurs then moved to the Alamodome before voters approved a county venue tax in November 1999 to fund the construction of a dedicated basketball arena. In 2002, the Spurs relocated to the Bexar County-owned East Side arena, where their lease is set to expire in 2032. “We appreciate the partnership between the City and County as we take steps together in exploring a future downtown Spurs arena,” Spurs CEO RC Buford said in a statement. “This is an exciting project that we believe presents the opportunity to energize our economy, strengthen our community and position San Antonio for long-term success.” From helping parents with grief to navigating health services, just part of the job for Any Baby Can San Antonio’s CEOWe have a small favor to ask. Our work is powered by readers like you. You're an essential part of keeping San Antonians informed and empowered, and we need your help to make an even bigger impact in our community.Lindsey Carnett covers business for the San Antonio Report. A native San Antonian, she graduated from Texas A&M University in 2016 with a degree in telecommunication media studies and holds a master's...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vigil held for man killed in road rage shooting on southeast Bexar CountyFamily and friends held a vigil on Sunday in Floresville to honor a man killed in a March 7 road rage shooting.
Read more »
Bexar County approves $300K grant for San Antonio PhilharmonicThe Bexar County Commissioners Court has approved a $300,000 grant agreement with the San Antonio Philharmonic to support the organization’s 2024-2025 season.
Read more »
Former San Antonio radio host Joe Pags home swatted in Comal CountyA local talk show host was among numerous conservative media members to be 'swatted' this week.
Read more »
County research project, exhibit honors 21 women whose names emblazon San Antonio ISD schoolsIn celebration of Women’s History Month, the Bexar County Historical Commission is honoring 21 women who have had SAISD schools named after them.
Read more »
Timeline emerges for when new details of Project Marvel will be released to the publicSAN ANTONIO, TX - Slowly but surely, the vision for a new downtown arena for the San Antonio Spurs is becoming a bit clearer.On Tuesday, Bexar County Commissio
Read more »
Lawmakers push for tougher penalties as car burglaries escalate in violenceSAN ANTONIO — Vehicle burglaries across Bexar County are increasingly becoming violent crimes, according to Bexar County Sheriff Javier Salazar.'We're seeing th
Read more »
