City Council approves $30M federal building purchase tied to new Spurs arena скачать в хорошем качестве

City Council approves $30M federal building purchase tied to new Spurs arena

SAN ANTONIO - The San Antonio City Council took a major step toward making the long-anticipated $4 billion Downtown Sports and Entertainment District a reality. Council members voted unanimously to purchase the old federal building on Cesar Chavez Boulevard and two parking lots across the street for $30 million , money that would come from the Spurs. The property had been listed for sale by the General Services Administration. A part of the deal is the Spurs will provide the $30 million purchase price plus $120,000 in closing costs. The city would then lease the property back to the Spurs and its developer, clearing the way for a mixed-use project that could include a hotel, retail, office space, and housing. The development would sit next to the site of the proposed new Spurs arena. _______________ Stay up to date with our social media: WOAI on Instagram:   / news4sa   WOAI on Facebook:   / news4sa   WOAI on Twitter:   / news4sa   Subscribe to WOAI on YouTube:    / @woaivideo   Daily News Playlist:    • WOAI 4 San Antonio Daily News Digest   For more information, visit https://news4sanantonio.com/ Have a news tip? Send it directly to us: Email us: NewsDesk@news4sanantonio.com Call the Newsroom: 210.442-6397 WOAI is a TX based station and an NBC Television affiliate owned and operated by Sinclair Broadcast Group, Inc. Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today. #WOAI #NEWS4SA #NEWS4SanAntonio #WOAI4 #SanAntonio