Cost of proposed San Antonio sports district could be as high as $4 billion

by Michael Karlis

The cost of San Antonio's proposed downtown NBA arena and sports district could cost an astounding $3-4 billion, News4SA reports, citing a 2023 email Assistant City Manager Lori Houston sent to a potential project consultant in June 2023. That newly uncovered total eclipses estimates for the project previously reported by local media, which primarily focus on the estimated $1.2 billion cost for a new Spurs arena at the heart of the project. A total cost of nearly $4 billion would make the proposed development on the Institute of Texas Cultures' former site among the nation's most-expensive sports districts, second only to Los Angeles' $5 billion-plus SoFi Stadium District, which features a world-class 70,000-seat NFL stadium.
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