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.
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.
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.