San Antonio's $160M Downtown Stadium expected to open in 2028

by Tre Serrano

 

Big swings are coming to San Antonio’s downtown.

The city has announced plans for a $160 million downtown stadium, designed as the new home for the San Antonio Missions—and with it comes a wave of new development, big economic projections, and a fair share of controversy.

Slated to meet Major League Baseball standards by 2025, the ballpark is expected to open by 2028, bringing with it not just sports fans but also hotels, apartments, retail space, and entertainment venues as part of the larger development plan.

But as the city gears up for what could be its next signature attraction, some residents and advocates are raising concerns about displacement, rising costs, and neighborhood change.

 

🏟️ What’s Included in the Stadium Plan?

The proposed stadium project includes:

  • A state-of-the-art ballpark with seating designed to meet MLB standards

  • An attached hotel and retail complex

  • New apartment developments and mixed-use spaces nearby

  • An estimated $1 billion in projected tax revenue over time

Developers and city leaders are positioning this as more than just a ballpark—it’s being marketed as a catalyst for downtown revitalization.

 

📈 Economic Boost or Overpromise?

Supporters of the project argue that the stadium will:

  • Bring jobs in construction, hospitality, and entertainment

  • Increase tourism and downtown foot traffic

  • Spark a wave of new restaurants, bars, and local business opportunities

  • Potentially position San Antonio for future MLB expansion talks

The projected $1 billion in tax revenue over the coming decades is being used to justify the large investment, with backers pointing to similar projects in other cities as models for success.

 

🏘️ Community Concerns: Who Really Wins?

While the numbers sound great on paper, not everyone is on board. Critics are voicing concerns about:

  • Displacement of low-income residents and local businesses in areas surrounding the stadium footprint

  • Rising housing costs near downtown due to new luxury developments

  • Whether public funds and incentives should be going to a project with mixed long-term guarantees on return

Several neighborhood associations and local leaders are pushing for stronger community protections, including affordable housing guarantees and support for small businesses that might be affected by the construction and new traffic patterns.


🏡 Real Estate & Development Impact: What Buyers, Sellers, and Investors Should Watch

Major stadium projects often reshape the real estate market nearby, bringing:

  • Increased demand for short-term rentals, Airbnbs, and hotels

  • Higher visibility (and higher prices) for adjacent commercial properties

  • New residential projects marketed to downtown workers, fans, and young professionals

  • A shift in buyer interest toward walkable, mixed-use communities

The big question: will the economic benefits truly reach local homeowners, small business owners, and renters—or will it primarily serve large developers and outside investors?


🗣️ San Antonio’s Big Swing—Will It Pay Off?

There’s no doubt the $160M Missions Stadium could bring energy, jobs, and entertainment to downtown San Antonio—but like many large-scale projects, its success will depend on how well the city balances growth with community care.

Will this ballpark be a home run for San Antonio, or will the cost be more than dollars and cents?

We’ll be watching—and so will a lot of San Antonians.


Brought to you by CallTheCavalryGroup.com – Where real estate meets what’s really happening in San Antonio.

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Tre Serrano

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