SAN ANTONIO – Spurs Sports & Entertainment is developing a $510.8 million campus on 50 acres at the northwest corner of I-10 and Loop 1604.
The 500,000-sf Human Performance Campus will include a training facility for the San Antonio Spurs, biotechnology research institute, public park, and commercial and medical office space.
USAA Real Estate owns the campus site.
Bexar County gave approval to negotiate a $15 million deal to buy 22 acres from US Real Estate Limited Partnership, an affiliate of USAA. The land will become a public park managed by entities related to the Spurs.
The Spurs currently practice at a 37,800-sf facility near the South Texas Medical Center that opened in 2002.
While the majority of the funding will come from private investors, the Spurs owner is also seeking public dollars from the city, county, and federal governments.
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