San Antonio’s Bold Vision: A New Spurs Arena and Sports & Entertainment District in Hemisfair

San Antonio City Council has unveiled an ambitious plan to transform downtown Hemisfair into a bustling Sports and Entertainment District. This groundbreaking project, anchored by a new arena for the San Antonio Spurs, aims to redefine the city’s economic and cultural landscape. Here’s everything you need to know about this exciting development. 

Project Overview

The proposed Sports and Entertainment District will span 40 to 50 acres, including the current site of the Institute of Texan Cultures and surrounding parcels. Key elements of the plan include: 

- A New Spurs Arena: Bringing the Silver and Black back to downtown San Antonio. 

- Reimagined Alamodome: Updated to complement the new district. 

- 5,000-Seat Venue: Transforming the John Woods Courthouse into an intimate event space. 

- Convention Center Hotel: A 1,000-room addition to cater to large events and tourism. 

- Henry B. Gonzalez Convention Center Expansion: Enhancing San Antonio’s ability to host major conventions. 

- Retail and Mixed-Use Spaces: Incorporating shopping, dining, and residential options throughout the district. 

The timeline for this transformative project spans nearly a decade, with construction expected to begin in 2026 and final completion projected for 2035. 

Why Invest in Downtown Construction?

San Antonio envisions becoming a premium destination for sporting events, conventions, and entertainment. The city hopes this development will: 

- Revitalize the Downtown Area: Create a vibrant hub for locals and visitors. 

- Boost the Local Economy: Attract major events and tourism revenue. 

- Enhance Community Connectivity: Projects like the "Eastside Connector" will bridge neighborhoods and improve accessibility. 

Who’s Footing the Bill?

While the estimated cost of the project is yet to be finalized, early predictions suggest it could reach $4 billion. Funding will come from a variety of sources, including: 

- Tax Revenue Streams 

- Spurs Contributions

- Lease and Parking Revenue

- Grants

The Future of the Frost Bank Center 

The Spurs currently have a lease agreement at the Frost Bank Center through 2032. However, City Manager Erik Walsh noted that construction of the new arena could move forward without requiring an immediate relocation of the team. 

This raises questions about the impact on East Side residents, who were promised economic growth when the Spurs moved to their current home 22 years ago but have seen little evidence of that promise fulfilled. 

Community Impact 

Renderings of the project reveal plans for an "Eastside Connector," a land bridge connecting the Alamodome to the new district over I-37. The goal is to ensure that economic and social benefits extend beyond downtown to neighboring areas. 

However, community feedback will be critical in shaping the project. The City Council plans to host public information sessions and gather input from residents as the next step in the planning process. 

What’s Next?

As of now, this ambitious plan is still in the proposal phase. Immediate next steps include: 

- Public feedback meetings. 

- Continuing feasibility and cost research. 

- Developing funding plans. 

- Finalizing field contractor agreements. 

What Does This Mean for San Antonio? 

If realized, the Sports and Entertainment District could cement San Antonio’s reputation as a top-tier destination for sports, entertainment, and culture. Beyond the economic benefits, this project has the potential to create a more connected and vibrant city. 

We Want to Hear From You!

What are your thoughts on the proposed Sports and Entertainment District? Do you think it will transform San Antonio for the better? Let us know, and your comments could be featured in an upcoming blog or newsletter. 

Stay tuned for updates on this transformative project and how it will shape San Antonio’s future. For expert real estate advice, contact Kristen Smith, Realtor, to explore the opportunities in the evolving downtown landscape.

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Kristen Smith, Realtor San Antonio Best Realter