The NBA team is eyeing the Institute of Texan Cultures site as a possible location for a new arena, sources say. The museum could relocate to near the Alamo.
The Spurs’ search for a downtown location for a new arena took a step forward Thursday when the University of Texas Board of Regents conditionally approved a plan to lease or sell the Institute of Texan Cultures property to the city of San Antonio. The board didn’t discuss the move in public, but the agenda for its meeting said the transaction was for a “potential downtown revitalization project” at the roughly 13.5-acre site at 801 E. César E. Chávez Blvd.
spokesperson Joe Izbrand declined to address questions about the nature of the revitalization project and the rent or sale price. “This action advances our due diligence process as we continue to evaluate feasible scenarios for the future of the ITC museum,” he said. “It gives us the flexibility to engage in conversations with the city of San Antonio without delay, given the UT System Board of Regents does not meet again until May.
leaders have said they are also considering other scenarios, such as moving the museum to another location at Hemisfair, moving it to properties the university owns elsewhere downtown, or renovating its original 1968 facility. The 180,000-square-foot building the institute occupies was originally known as the Texas Pavilion and constructed to showcase Texas’ diverse history and cultures during the fair.
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