Thursday's vote by the UT Board of Regents ramps up speculation that the city is seeking a new downtown home for the San Antonio Spurs.
The Institute of Texan Cultures is located at Hemisfair and was originally designed and built for the World's Fair in 1968. It sits on 13.5 acres of land that UTSA can potentially buy or lease to the City of San Antonio.The University of Texas Board of Regents voted Thursday to give UTSA conditional approval to have exclusive discussions with the City of San Antonio to buy or lease its Institute of Texan Cultures property, which makes up roughly 13.
Although no one would speak on the record about specifics, the move heightens speculation that the city may seek the property as a new downtown home for the San Antonio Spurs.
She confirmed that the city is also seeking to acquire property near Hemisfair that is currently owned by the federal government. In October, the university released a report that identified four potential areas for relocating the museum, including a property near the Alamo as a desirable site for the museum. UTSAwith the city and 1859 Historic Hotels, owners of the Crockett Hotel, to potentially build on what is currently a parking lot at 320 Bonham.
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