COPSMetro to undertake outside economic analysis of San Antonios Project Marvel
COPS/Metro will hold a public summit this weekend to kick off an independent economic impact analysis of San Antonio's proposed $4 billion Project Marvel. Scheduled for 3 p. m. at St. Margaret Mary Catholic Church, the meeting anticipates around 500 participants.
Economists Geoffry Propheter and Heywood Sanders will discuss the potential economic costs and benefits associated with the new sports and entertainment district. Mayor Gina Ortiz Jones, who has demanded a second economic analysis, will not attend the summit, leaving her reasons unspecified. Both Jones and COPS/Metro have expressed concerns over the previous economic report, arguing it lacks depth and is influenced by ties to the Spurs. The timing of the summit coincides with a Spurs rally, which aims to rally support for an $800 million ballot initiative related to a new arena. The proposed arena is part of a broader initiative that could significantly reshape downtown San Antonio.
This independent analysis may influence public sentiment and future decision-making regarding the project.