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Project · San Antonio, TX · Updated today

Downtown Sports and Entertainment District / Spurs Arena (Project Marvel)

Hemisfair, downtown San Antonio (proposed downtown sports and entertainment district)San Antonio Spurs (Spurs Sports and Entertainment)Under ReviewMixed-use
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Sourced from San Antonio meeting, Aug 17, 2026. ZoneWire tracks 186 projects in San Antonio, TX, updated within 24h of every meeting.

Where this stands

Proposed NBA arena and surrounding sports/entertainment district. Total arena cost approximately $1.3 billion; total project cited around $1.4 billion in private development. Funding sources: county $311 million (approved via Prop B), Spurs $500 million, city up to $489 million in revenue bonds. City also cited $60 million land purchase from Midtown TIRZ and ~$250 million infrastructure. Arena to be built at site of former Texas Institute of Cultures on Hemisfair. Spurs cover cost overruns above $1.3 billion. Alternate name: Project Marvel.

Case factsSource: ZoneWire
Project
Downtown Sports and Entertainment District / Spurs Arena (Project Marvel)
Asset class
Mixed-use
Developer
San Antonio Spurs (Spurs Sports and Entertainment)
Location
Hemisfair, downtown San Antonio (proposed downtown sports and entertainment district)
County
San Antonio, TX
Jurisdiction
San Antonio
Current status
Under Review

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Topics
Mixed-useUnder ReviewHemisfair, downtown San Antonio (proposed downtown sports and entertainment district)San Antonio, TX

Downtown Sports and Entertainment District / Spurs Arena (Project Marvel)

Under Review

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