City staff presented this image, one of the few publicly available renderings of Project Marvel, revealed during a November 2024 City Council meeting. Courtesy Image / City of San Antonio" class="uk-display-block uk-position-relative uk-visible-toggle"> click to enlarge City staff presented this image, one of the few publicly available renderings of Project Marvel, revealed during a November 2024 City Council meeting. - Courtesy Image / City of San Antonio
Courtesy Image / City of San Antonio
City staff presented this image, one of the few publicly available renderings of Project Marvel, revealed during a November 2024 City Council meeting.
San Antonians will likely get a first look at what the Spurs' proposed downtown basketball arena might look like during City Council’s highly anticipated Thursday meeting.
An online document detailing a tentative deal between the city and Spurs Sports & Entertainment (SS&E) up for discussion at the meeting includes a blank section titled “District, arena site and private development area.” The draft states that a rendering will be “inserted prior to City Council Action.”
Assuming the rendering of the Spurs arena and surrounding development is presented during the meeting, it would mark the first time since November that the public will see updated conceptual drawings of Project Marvel.
It's unclear whether the rendering will be enough to quash the fears of critics — among them Mayor Gina Ortiz Jones — who argue that Spurs officials haven't made sufficient information available about the new arena.
The document up for debate includes a price tag for the new arena — $1.3 billion, with the city contributing a fixed $489 million using a combination of taxes collected from a Project Finance Zone, Tax Increment Reinvestment Zone and ground leases, although the exact breakdown of those financing mechanisms isn’t specified in the papers.
"We’re grateful to the San Antonio City Council, City Manager Erik Walsh, Judge Peter Sakai and the Bexar County Commissioners for the time and commitment they’ve invested in this process," SS&E CEO RC Buford said in a statement."Their leadership has been invaluable in helping us reach this milestone and we look forward to continuing this work together on behalf of the people of San Antonio and Bexar County.”
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