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HOUSTON, Texas (KTRK) — A $180 million investment will be made to “transform” the Toyota Center, the home of the Houston Rockets and soon-to-be Houston Comets, according to new reports.
The announcement was made on Wednesday afternoon, when Houston Mayor John Whitmire said during a city council meeting that the Harris County-Houston Sports Authority would officially announce it later that day.
Officials confirm renovations will begin this month, on the interior before work on the exterior is slated to begin on July 1st ahead of the new NBA and WNBA season. It is predicted that it will take 14 to 15 months, but the arena is planning to stay open for events.
It is expected to be completed ahead of the 2028 Republican National Convention.
The mayor said that renovations, which includes 20,000 feet of event space, will completely transform the arena and are expected to complement the George R. Brown Center renovations.
The GRB expansion is set to add 700,000 square feet and plans to “reimagine” the district, according to the Houston First Corporation. The plans were unveiled last month to make it a “vibrant, walkable convention and entertainment district unlike anyplace else in the nation.”
In the first phase of the GRB expansion, officials said a 100,000-square-foot pedestrian plaza will provide easy access to the Toyota Center.
Harris County Commissioner Lesly Briones said in a statement Wednesday that the move will boost economic activity.
“Today’s announcement of a $180 million investment into one of our most beloved stadiums represents another step forward for the future of Houston and Harris County as a world-class sports and entertainment destination. This investment will enable increased economic development and expanded opportunities for our region. Harris County is thankful for our partners and will continue to lead with collaboration, innovation, and fiscal responsibility.”
During the city council meeting, a breakdown was given of the funds for the investments. According to Whitmire, at least $95 million will come from the state, and the rest will be handled by the Fertitta family, the Rockets’ majority owners.