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Home AEC San Antonio Clears $60MM Land Deal for Downtown Spurs Arena, Extends Midtown TIRZ to 2060
AECCommercialFinanceIndustry NewsSan Antonio

San Antonio Clears $60MM Land Deal for Downtown Spurs Arena, Extends Midtown TIRZ to 2060

September 16, 20263 Mins read5
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Photo by Markus Spiske on Unsplash
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A divided San Antonio City Council committed up to $60 million in Midtown tax-increment funds to buy the former Institute of Texan Cultures site for a new Spurs arena while stretching the zone's life nearly two decades, even as members warned the district is starving the city's general fund.

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