Voters clear public funding path for new downtown Spurs arena

San Antonio Spurs
November 2025

Bexar County voters approved up to 311 million in venue taxes toward a new multipurpose arena. The Spurs committed at least 500 million plus overruns and rent. The city’s proposed contribution is 489 million, with 1.4 billion in adjacent private development pledged. The package leans on visitor-paid venue taxes rather than property taxes, easing local resistance. Design work is at inception and the Frost Bank Center lease runs to 2032, allowing phased planning and community engagement before ground is broken.