New Spurs Basketball Arena and Hemisfair Redevelopment
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Source: San Antonio Report
A new downtown Spurs basketball arena and redevelopment of the surrounding Hemisfair area in San Antonio, Texas. The project involves a total cost of $1.3 billion, with funding from public sources including Bexar County and the City of San Antonio, as well as private investment from the Spurs ownership. The funding scheme includes a venue tax, Project Finance Zone (PFZ) funds, and Tax Increment Re
- Status
- Prospective
- Sector
- Stadium, Government
- Location
- San Antonio, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- San Antonio Report
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Project Information
Participants
Sponsoring Agency |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A new downtown Spurs basketball arena and redevelopment of the surrounding Hemisfair area in San Antonio, Texas. The project involves a total cost of $1.3 billion, with funding from public sources including Bexar County and the City of San Antonio, as well as private investment from the Spurs ownership. The funding scheme includes a venue tax, Project Finance Zone (PFZ) funds, and Tax Increment Reinvestment Zone (TIRZ) funds. The arena will be owned by the city and leased to the Spurs, with commitments to keep the team in San Antonio for 30 years and additional community benefit agreements. |
Original sector | Built Sector |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
City | San Antonio |
Source
Source | San Antonio Report |
URL |
More Details
Record type | Project |
Sector | Stadium, Government |
Article published date | 2025-09-16 |
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