DALLAS - Voters in Dallas overwhelmingly said yes to upgrades at Fair Park and in Downtown Dallas.
The ballot initiative called for a 2% increase in the city’s hotel occupancy tax. But it won’t raise taxes for people who live in the city.
About 68% of voters approved it.
It will also raise billions of dollars for a new convention center downtown and fund renovations to historic buildings at Fair Park.
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This plan was put on the ballot after being approved by the Dallas City Council in February.
They voted in favor of a $2 billion plan to build a new convention center west of Lamar Street. An additional $2.2 billion would be spent on redevelopment projects in and around the convention center.
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The money to fund the convention center would come from increasing the Dallas hotel occupancy tax by 2%, and a new state designation that allows Dallas to keep all of that tax money.
The city plans to keep 30% of the current convention center. The cost to demolish the rest of it is estimated at roughly $20 million.
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Construction of the new facility is expected to take about six years.