The owner of the NBA’s San Antonio Spurs is expected to break ground in October on a $510.8 million project on the Far Northwest Side that will include a research institute, an athletic training center, and a 22-acre park.
Spurs Sports & Entertainment, which owns the Spurs, divulged plans for the development — dubbed the Human Performance Campus — during an August 10 presentation to Bexar County commissioners. The campus will be near Six Flags Fiesta Texas and the Shops at La Cantera.
“The Human Performance Campus is an exciting part of our collective future — for our city, our community, and Spurs Sports & Entertainment,” RC Buford, CEO of Spurs Sports & Entertainment, says in a statement. “Over the last five decades, San Antonio and the Spurs have developed and grown together in amazing ways. We believe this project continues that tradition and will have an impact locally, regionally, and nationally.”
Components of the more than 45-acre project, encompassing more than 500,000 square feet, include:
- The Human Performance Research Institute. Spurs officials envision the institute being a nationally renowned facility “made up of a coalition of global thought leaders brought together by the mission of evolving human performance and development.”
- The Spurs Performance Center, a training facility for Spurs players.
- The 22-acre Park at La Cantera, which will connect to the city’s Howard W. Peak Greenway Trail System. Bexar County has agreed to contribute $15 million to the Spurs’ project in exchange for the parkland.
- An outdoor plaza for public gatherings.
- Retail, hospitality, medical, and commercial space.
The Spurs organization expects the equivalent of 1,758 full-time employees to work at the campus.
News of the multimillion-dollar Human Performance Campus appears to put to rest any notion that the Spurs will relocate to Las Vegas, as has been speculated for years. Bobby Perez, executive vice president and general counsel of Spurs Sports & Entertainment, addressed that issue August 10.
The new campus “is our collaborative vision over many months and many years,” TV station KSAT quoted Perez as saying. “This location becomes our home and our place that we are putting our flag in the ground for decades. With this support, we believe that answers this question.”
In June, Austin tech billionaire Michael Dell became a minority investor in the Spurs.
“As a Texan and as someone who appreciates how unique a culture of excellence is — in sports or in any organization — I have tremendous respect for the record the Spurs have established in San Antonio over many years. It is our goal to serve as true stewards of the franchise going forward,” Dell said in a news release.
San Antonio’s Holt family remains the largest stakeholder in the Spurs. Peter Holt was named managing partner of the Spurs in June and continues to serve as chairman.
Aside from San Antonio’s NBA franchise, Spurs Sports & Entertainment owns and operates the minor-league Austin Spurs basketball team and the minor-league San Antonio FC soccer team. It also manages the AT&T Center, where the San Antonio Spurs play their home games.