Houston's $1.38 Billion Convention District Bond Deal Named Southwest Deal of the Year
Houston's roughly $1.38 billion hotel occupancy tax and special revenue bond issue has been named the Southwest Deal of the Year for 2026 by The Bond Buyer, law firm Greenberg Traurig announced Nov. 11. The financing was issued in four series — $149 million Series A, $52.9 million Series B, $1.096 billion Series C and $78 million Series D — and included about $208 million in tender offer purchases.
Proceeds will fund the expansion of the George R. Brown Convention Center's south building, adding 700,000 square feet and a 100,000-square-foot pedestrian plaza, with opening planned for May 2028. The convention district sits in downtown Houston, Harris County, Texas, and the deal is among the city's largest convention infrastructure financings in years.
Source: Greenberg Traurig, LLP
Published by GSM · USA (original Chinese edition)
Photo: 图：休斯顿乔治·布朗会展中心。Brian Reading 摄，CC BY-SA 3.0，经 Wikimedia Commons。 / Photo: The George R. Brown Convention Center in Houston. By Brian Reading, CC BY-SA 3.0, via Wikimedia Commons.
