Prop A & Prop B: How San Antonio’s November Vote Could Shape Downtown, Real Estate, and Your Future Home

Prop A & Prop B: San Antonio’s November Vote and What It Means for Real Estate

If you thought your vote only decided politicians, think again. On November 4, 2025, Bexar County voters face a decision that could dramatically reshape San Antonio’s urban core, Far Westside, and I-35 Corridor neighborhoods—and yes, your property value might be along for the ride. Props A and B aren’t just municipal jargon; they’re the future of downtown development, sports entertainment, and city-wide real estate growth.

So, what exactly are Props A and B, and why should every San Antonio homeowner, buyer, or investor care?

Quick Background: What You’re Voting On

Prop A proposes using venue tax revenue to fund approximately $191 million in improvements for existing facilities, including the Freeman Coliseum, Frost Bank Center, and the San Antonio Stock Show & Rodeo. Essentially, Prop A is about modernizing and maintaining the city’s beloved entertainment venues, making sure they remain competitive and attractive for major events.

Prop B is the headline grabber: a $311 million plan to fund a new multipurpose arena downtown, primarily as the home for the San Antonio Spurs, as part of Project Marvel, a nearly $4 billion sports and entertainment district. If approved, this would be a major anchor in downtown, potentially catalyzing thousands of new visitors, new restaurants, and new residential interest in the urban core.

If Prop B fails, the term sheet for the arena dissolves, meaning the Spurs and related development plans could stall—or vanish entirely. In other words, it’s not just about basketball—it’s about the trajectory of downtown growth.

Why This Matters to YOU

You might be thinking, “Cool story, but why do I care?” Here’s the direct line to your life:

• Taxes & Costs: Prop B approval could increase hotel taxes from 1.75% to 2% starting in 2026 and authorize the use of motor vehicle rental taxes to finance the arena. Prop A also affects taxes, potentially increasing hotel occupancy rates to fund critical venue upgrades.

• Neighborhood Impact: Downtown revitalization doesn’t happen in isolation. More foot traffic, events, and entertainment options can boost nearby property demand—not just in the city center but along I-35 Corridor neighborhoods and Far Westside developments.

• Future Home Value: If you’re a current homeowner or considering buying, the presence of a major anchor like the Spurs arena can increase interest in surrounding residential areas, especially the urban core and high-demand corridor neighborhoods, potentially driving property appreciation.

Props A and B are literally a vote on how San Antonio grows—and your wallet might feel it one way or the other.

The Bigger Picture: Economic and Cultural Impacts

Project Marvel isn’t just a sports complex. It’s a city-defining venture with wide-ranging implications:

• Tourism Boost: With a state-of-the-art arena and enhanced entertainment venues, San Antonio could attract more visitors, conventions, and national events, benefiting downtown hotels, restaurants, and shops.

• Real Estate Development: Growth downtown often ripples outward. When the urban core attracts new entertainment anchors, demand rises for modern apartments, condos, and single-family homes along the I-35 Corridor and Far Westside. Developers notice, and new communities or infill projects may follow.

• Cultural Significance: This is about city identity. A vibrant downtown with active sports and entertainment offerings signals that San Antonio is a growing, attractive, and livable city, which can increase investor confidence.

Even if you don’t attend a Spurs game, your neighborhood may benefit from higher property demand, increased retail options, and more dynamic city life. And yes—it gives you something to casually drop at dinner parties: “Did you hear what the Spurs are doing downtown?”

Critics vs. Supporters: The Debate

As with any large public project, opinions are split. Critics argue that Prop B prioritizes private profit over community needs, citing risks that public dollars might not deliver promised economic gains. Groups like COPS/Metro Alliance emphasize the need for funding roads, drainage, housing, and workforce programs first.

Supporters, including the San Antonio Spurs, Stock Show & Rodeo, and the San Antonio Board of REALTORS, see Prop B as a bold investment in the city’s future. They argue a new arena downtown strengthens the regional economy, increases tourism, and enhances property values—particularly in areas seeing development spillover, like the Far Westside and along I-35.

How This Benefits San Antonio Real Estate

So, how does this translate to real estate specifically? Here’s the breakdown:

1. Far Westside Growth: Areas like Redbird Ranch and other Far Westside neighborhoods could see increased attention from buyers wanting proximity to a revitalized downtown. New residential projects and mixed-use developments often follow major urban investment.

2. I-35 Corridor Advantage: Properties along the corridor may see a boost in interest due to easier access to downtown events and cultural hubs. The arena could act as a catalyst for commercial and residential development along this key transport artery.

3. Urban Core Upside: Downtown condos, apartments, and historic homes could appreciate faster if Prop B successfully attracts residents, businesses, and tourists. Developers often prioritize urban core areas when major attractions increase foot traffic.

In short: yes, this vote could directly influence your property value—even if you live miles from Hemisfair.

Final Thoughts

Props A and B are more than ballot items—they’re a vote on San Antonio’s future identity, growth, and economic strength. Whether you’re a homeowner in the Far Westside, an investor eyeing the I-35 Corridor, or a potential buyer looking at the urban core, the outcome could impact taxes, property values, and city life for decades.

Your vote isn’t just about the Spurs—it’s about how San Antonio grows, who it attracts, and what neighborhoods prosper next. So, as November 4 approaches, consider the bigger picture: How will your vote shape the city you live in—and the property you own or hope to own?

Stay informed, visit your polling location, and think beyond the arena. Whether you’re buying, selling, or investing, understanding Props A and B is critical for making smart real estate decisions in San Antonio’s Far Westside, I-35 Corridor, and urban core neighborhoods.