HOUSTON (CBS HOUSTON) – Harris County judge Ed Emmett announced on his Twitter account Tuesday that the County Commissioners Court has voted unanimously to approve a new $105 million revitalization project for the now dormant Astrodome at NRG Park.
This new projects will save the Astrodome from demolition and put back to use the structure that was once the first indoor stadium of its kind.
The vacant former home of the Astros and Oilers has sat virtually dormant since the Astros left for Minute Maid Park after the 1999 baseball season.
The current plan will first raise the floor of the Astrodome to ground level with approximately 1,400 parking spaces underneath the floor. With the raised floor the Astrodome will have nearly eight acres of event space available for a variety of uses including the Houston Livestock Show and Rodeo, car and boat shows, community events and others.
Funding for the project would come from three different sources. Each is expected to contribute one-third to the total cost.
The first $35 million (or less) will come from the Harris County General Fund. The second third will come from the Hotel Occupancy Tax fund, which primarily come from out-of-town visitors, and already pay for certain costs for NRG Park. The final third will come from the Parking Enterprise Fund, which come from paid parking lots that the county owns and collects revenue from.
The first phase of the project is expected to be completed within 12-18 months, the second phase will take two to three years to complete.
Alex Del Barrio and Matt Murphy can be heard on Saturday afternoons 4-7 pm Follow Alex Del Barrio on Twitter: @alexdelbarrio