Voters to decide on $217M plan to revamp Astrodome
AUG 13, 2013 11:04a ET
Harris County commissioners on Tuesday approved placing a measure on the Nov. 5 ballot that will ask voters to authorize up to $217 million in bonds to pay for a plan to turn the stadium into a giant convention center and exhibition space.
County officials are stressing to voters that if the ballot measure is approved, it will mean a property tax increase of around half a cent per $100 of assessed value.
Officials say tax breaks, naming rights and other incentives are expected to lower the project's cost. The final figure that will be on the ballot is expected to be lower than $217 million.
The renovation project from the Harris County Sports & Convention Corp., dubbed "The New Dome Experience," would take about 2 years to complete.
The proposal calls for creating 350,000 square feet of exhibition space by removing all the interior seats and raising the floor to street level. Other changes include creating 400,000 square feet of plaza and green space on the outside of the structure.
The Harris County Sports & Convention Corp. opted to go with its own plan for the world's first domed, air-conditioned stadium instead of one of 19 private-sector plans submitted for its reuse.
Among the private plans was one that would have turned the Astrodome into a tourist area with retail and restaurant space and another that would have stripped the structure to its steel frame and turned the area into a park.
Officials have been considering the Astrodome's fate since it was deemed unfit for occupancy and closed for good in 2009. The building, one of Houston's signature structures, costs taxpayers about $3 million per year for basic maintenance.
Opened in 1965, the Astrodome was dubbed the "Eighth Wonder of the World."
The 400,000-square foot dome was once home to Major League Baseball's Houston Astros and the NFL's Houston Oilers. It was also home to the city's rodeo until 2003. Its most prominent use in recent years was as a shelter for Louisiana residents displaced by Hurricane Katrina in 2005.
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