SAN ANTONIO — At the same time as San Antonio City Council approved the financial framework for a $1.3 billion Spurs arena – a central Project Marvel component – the city further staked its position in eventually acquiring the plot of land the venue is expected to be built on.

The University of Texas Board of Regents last Thursday voted to give the City of San Antonio the exclusive option to buy the 13.59-acre piece of land currently home to a Texas Pavilion structure in the midst of being torn down. That structure, located along East César E. Chávez Boulevard in the heart of the city, had served as the home of the UTSA-operated Institute of Texan Cultures for 59 years before the museum closed in 2024, its collection set to open in a temporary space at Frost Bank Tower in early 2026.

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