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Council Approves $60M in TIRZ Debt to Buy Land for Spurs Arena

Council members approved a 7-2 vote to spend up to $60 million on the site and fund three other projects with TIRZ money.

Summary by KSAT 12
The San Antonio City Council gave the go-ahead Thursday to use a special tax capture district to buy a downtown site for a new Spurs arena as well as help fund projects at the San Antonio Zoo, Botanical Garden, and Brackenridge Park.

4 Articles

San Antonio ReportSan Antonio Report
Lean Left

Council takes aim at TIRZ, but OKs funds for arena, zoo and more

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tpr.orgtpr.org
Lean Left

Council takes aim at TIRZ while voting to give millions to zoo, botanical gardens, Brackenridge, Spurs arena and more

The council OK’d the funding, but not before considering a plan to sunset the TIRZ that has collected millions in funds for those projects.

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KSAT 12KSAT 12
Center

Council approves $60M in TIRZ debt to buy land for Spurs arena

The San Antonio City Council gave the go-ahead Thursday to use a special tax capture district to buy a downtown site for a new Spurs arena as well as help fund projects at the San Antonio Zoo, Botanical Garden, and Brackenridge Park.

·San Antonio, United States
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The Business JournalsThe Business Journals
Center

Split council approves $60M deal for San Antonio Spurs arena site

The San Antonio Spurs recently hired general contractors for the new arena.

·Charlotte, United States
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  • 50% of the sources lean Left, 50% of the sources are Center
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The Business Journals broke the news in Charlotte, United States on Thursday, September 10, 2026.
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