Project Marvel: San Antonio unveils $4B downtown sports and entertainment district

SAN ANTONIO – A huge deal for the Alamo City.

The official announcement of the Sports and Entertainment District in Downtown San Antonio.

San Antonio Assistant City Manager Lori Houston presented on Thursday “Project Marvel” to the city council.

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After months of speculation, the idea of a Downtown Sports and Entertainment District is coming to fruition.

Council members are listening to the presentation but were sent the rendering of the proposed district on what it could look like.

RELATED:Unveiling Project Marvel: $4 billion Spurs arena and entertainment district

The project, in total, could cost upwards of $4 Billion and could elevate San Antonio as a major destination city to draw tourism, economic viability, and world-class events such as the NCAA Final Four.

The project will include both expansions to existing building and the creation of a new one.

First, the expansion of the convention center and a complete overhaul of the Alamodome. The much-talked about new Spurs arena would be at the site where the Institute of Texan Cultures currently resides.

A land bridge would be build over Highway 281, connecting the Alamodome to the new Spurs Arena. The plans also include turning the old federal courthouse into a 5,000 seat multipurpose center.

“Project Marvel” is set to modernize the Spurs’ facilities. Despite this, Spurs are set to continue playing at the Frost Bank Center until their lease ends in 2032.

This will all be coming in phases to council, the first being the convention center, which will be presented in December. The rest of the projects in the district will follow suit. That’s when the full price tag will be revealed.

VIEW RENDERINGS OF CITY’S SPORTS & ENTERTAINMENT DISTRICT