SAN ANTONIO — The recently appointed University of Texas at San Antonio President Taylor Eighmy came out in support of two ballot measures related to Project Marvel, a multi-billion dollar revamp of the city’s entertainment complexes.

What You Need To Know

UT San Antonio has a vested interest in Project Marvel. The City of San Antonio is set to buy the land of the former Institute of Texan Cultures from the University of Texas System as the site of the new San Antonio Spurs arena

In a post on X, Eighmy called the initiative a “once-in-a-lifetime opportunity for our San Antonio community”

Proposition A would allocate $192 million to help fund the redesign of the Frost Bank Center, Freeman Coliseum and surrounding area to create a year-round stock show and rodeo district

Proposition B focuses on the creation of a new arena for the San Antonio Spurs using $311 million in the county’s venue tax money to fund it

UT San Antonio has a vested interest in Project Marvel. The City of San Antonio is set to buy the land of the former Institute of Texan Cultures from the University of Texas System as the site of the new San Antonio Spurs arena.

In a post on X, Eighmy called the initiative a “once-in-a-lifetime opportunity for our San Antonio community.”

“I strongly support the Sports & Entertainment District concept. I encourage members of our community to be fully informed as they vote on these two propositions (A&B) this November,” he said.

Eighmy shared a post by greater:SATX, a regional economic and workforce development group, which called for San Antonians to vote yes on Propositions A and B.

This is a once-in-a-lifetime opportunity for our San Antonio community. I strongly support the Sports & Entertainment District concept. I encourage members of our community to be fully informed as they vote on these two propositions (A&B) this November. The data shared here are… https://t.co/Ruywk6r187

— Taylor Eighmy (@PresidentEighmy) October 10, 2025

Proposition A would allocate $192 million to help fund the redesign of the Frost Bank Center, Freeman Coliseum and surrounding area to create a year-round stock show and rodeo district.

Proposition B focuses on the creation of a new arena for the San Antonio Spurs using $311 million in the county’s venue tax money to fund it. The City of San Antonio is expected to contribute $489 million to the arena, and the Spurs are expected to foot the rest of the bill.

The proposals both ask to raise Bexar County’s hotel occupancy tax from 1.75% to 2% to fund the developments.

Back in August, the San Antonio City Council approved the term sheet for city funding toward the new Spurs arena, despite pushback from Mayor Gina Ortiz Jones. Also earlier this summer, the Spurs pledged over $1 billion toward Project Marvel, with $500 million toward the new arena, $500 million toward developing the downtown area and $60 million to boost community programs.

The total cost of Project Marvel is projected to be between $3-4 billion, and it is expected to take 15 years to finish. The San Antonio Express-News did a comprehesive breakdown of how much each part of Project Marvel will cost and where the money will come from.

Early voting begins Oct. 20 and goes through Oct. 31, and Election Day is on Nov. 4.