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Enterprise leaders from San Antonio’s Market Sq. come out towards Venture Marvel

September 25, 2025
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San Antonio’s Historic Market Sq. is among the many metropolis’s prime vacationer locations. Credit score: Michael Karlis

Representatives of small companies at Historic Market Sq. advised the Present their members aren’t simply skeptical of Venture Marvel however actively encouraging residents — even those that usually don’t vote — to solid ballots towards it in November. 

“You will get [Spurs General Counsel] Bobby Perez on TV and let you know that is the best factor since sliced bread,” stated Yvette Ramirez, president of the Farmer’s Market Affiliation. “However the actuality is he’s not going to should be in the midst of every little thing. He doesn’t personal a enterprise that’s going to be affected downtown.”

On Nov. 4, separate poll initiatives from Bexar County and the Metropolis of San Antonio will ask voters to approve using county and metropolis {dollars} to assist fund a brand new Spurs enviornment, a part of Venture Marvel, a proposed $4 million improvement overhauling a big swath San Antonio’s middle metropolis.

Market Sq. has lengthy been the guts and soul of downtown — a vacation spot featured prominently in postcards and tourism adverts for many years. Nevertheless, Ramirez and others who personal companies there stated they fear Venture Marvel’s large building initiatives will eat into their already sluggish gross sales. 

“Town by no means comes up with a plan to assist and help these small companies,” Ramirez stated. “It’s the identical factor that occurred on St. Mary’s Road, what occurred on Houston Road, what’s occurring at La Villita, and so forth. These initiatives they bring about, they don’t seem to be for the small-business individual. These are for the rich. The rationale why they’re bringing Venture Marvel downtown is to make it a playground for the rich.”

The world surrounding Market Sq., generally known as Zona Cultura, has been underneath building since 2017, when town handed a bond measure to reinforce pedestrian facilities and streetscape enhancements. 

Though distributors on the Farmers Market Constructing have acquired a 75% low cost on lease as a result of building, some, together with Greg Peña, president of the El Mercado Affiliation at Market Sq., stated the discount hasn’t made up for misplaced income. Many distributors have seen their gross sales minimize by half, even throughout massive occasions such because the NCAA Closing 4, he added.

“The development itself is a deterrent,” Peña stated. “Plus, the NCAA tends to maintain folks throughout the River Stroll space.”

Potential clients could have traveled to town, however they didn’t present up at Market Sq., he added.

Veronica Sandoval, vice chairman of the Farmer’s Market Affiliation, stated building isn’t the one factor endangering Market Sq.. She stated town hasn’t invested in public transit from Hemisfair and the Conference Heart space to the west aspect of downtown, the place the mercado is located. 

“We don’t see a variety of guests from conventions. We could have a extremely high-attendance conference, and we don’t see them,” Sandoval stated. “Individuals used to come back in early and fly dwelling after, however firms now don’t wish to spend the additional cash to remain a couple of additional days.”

All three Market Sq. enterprise leaders stated they’re unclear how Venture Marvel will profit them. They concern one other building challenge at Hemisfair, mixed with work on the close by minor-league baseball stadium and still-unfinished highway upgrades could sound a demise knell for one among San Antonio’s most recognizable landmarks. 

“No person’s saying we don’t need the Spurs right here,” Ramirez stated. “We don’t need the Spurs right here at the price of all people else.” 

Have ideas about Venture Marvel? Need to clarify why you’re voting for or towards it? Shoot an e mail to michaelkarlisreports@gmail.com. 

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Associated Tales

Analysis: If Project Marvel is as good a deal as Luby’s Luann Platter, let the numbers speak for themselves

If the Spurs’ possession group needs public help in November, it needs to be extra clear with taxpayers.

Cityscrapes: Project Marvel’s open-ended term sheet will cost every San Antonio property taxpayer  

Town’s time period sheet with the Spurs leaves many open query voters needs to be involved about.

San Antonio councilwoman draws flak for praising nonexistent Spurs player in pro-Project Marvel email

Within the e mail, Kaur praised Tim Duncan, Manu Ginobili and the enigmatic ‘Tony Robinson.’

This text seems in Sep. 3-Oct. 1.



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