{"id":29643,"date":"2025-03-23T02:49:49","date_gmt":"2025-03-23T09:49:49","guid":{"rendered":"https:\/\/essential.construction\/news\/mortenson-partners-to-build-900m-nba-arena-in-oklahoma-city\/"},"modified":"2025-03-23T02:49:49","modified_gmt":"2025-03-23T09:49:49","slug":"mortenson-partners-to-build-900m-nba-arena-in-oklahoma-city","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/mortenson-partners-to-build-900m-nba-arena-in-oklahoma-city\/","title":{"rendered":"Mortenson partners to build $900M NBA arena in Oklahoma City"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><\/p>\n<p>            <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/images\/audio_icon.svg?482016190122\" alt=\"-\"><\/p>\n<p>        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">3 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/res.cloudinary.com\/dmgi9movl\/video\/upload\/q_1\/v1742478937\/news\/text_to_speech\/mortenson-flintco-nba-arena-oklahoma-city_ks6utp.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"ed-secondary-content-box ed-secondary-content-box--expandable\">\n<p><strong>Award:<\/strong> NBA Arena<br \/><strong>Value:<\/strong> $900 million<br \/><strong>Location:<\/strong> Oklahoma City<br \/><strong>Client: <\/strong>Oklahoma City<\/p>\n<\/div>\n<p><span><span><span><span><span><span>Flintco and Mortenson will partner <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.okc.gov\/Home\/Components\/News\/News\/5404\/18\" target=\"_blank\"><span><span><span><span><span><span><span><span>to build a new arena<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> for the National Basketball Association\u2019s Oklahoma City Thunder, according to a release from the Oklahoma City Council.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The council voted March 11 to approve the contract with Tulsa, Oklahoma-based Flintco and Minneapolis-based Mortenson. The team will construct \u201ca first-class, state-of-the-art NBA arena and entertainment venue that meets and\/or exceeds NBA specifications and requirements,\u201d the release said.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The budget for the venue is at least $900 million and it will be at least 750,000 square feet. The council voted to approve a preconstruction contract with the contractors worth $2.275 million, per public documents.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The new arena will go up on the site of Prairie Surf Studios, formerly the Cox Convention Center, which is a city-owned site. The existing structure will be demolished in the spring. Design on the Thunder\u2019s home court is underway already, and construction will begin in 2026, with completion scheduled for 2028 and a contractual obligation to open the new arena by June 2030.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>For now, the Thunder will continue to play their home games at Paycom Center, where they moved after the Seattle SuperSonics relocated to Oklahoma and changed their name in 2008. Once the Thunder move to the new venue, a 25-year commitment to remain in Oklahoma City will begin, the release said.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The project will be funded by $50 million from the Thunder ownership group and $70 million in public money from the Metropolitan Area Projects program, or MAPS 4, a one-cent, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.oklahoman.com\/story\/news\/local\/2023\/09\/17\/okc-metropolitan-area-projects-ongoing-okc-fairgrounds-oklahoma-river\/70852569007\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>voter-approved sales tax expected<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> to raise more than $1 billion for various public projects between 2020 and 2028, per the Oklahoman. In addition, when the MAPS 4 tax ends, the city will enact a six-year, one-cent sales tax to help pay for the stadium.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Mortenson is a major player in the stadium construction space, having worked on the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/197b-allegiant-stadium-reaches-end-zone\/582896\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>Las Vegas Raiders\u2019 Allegiant Stadium<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/mortenson-clark-jv-completes-14b-chase-center-on-schedule\/560364\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>Golden State Warriors\u2019 Chase Center<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/climate-pledge-arena-seattle-mortenson-construction\/607484\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>Seattle Kraken\u2019s Climate Pledge Arena<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> and the <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/ready-for-kickoff-construction-complete-on-vikings-us-bank-stadium\/421209\/\" target=\"_blank\"><span><span><span><span><span><span><span><span>Minnesota Vikings US Bank Stadium<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Meanwhile, Flintco has decades of experience in Oklahoma and built Oklahoma City\u2019s Convention Center and Paycom Center.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cHaving built the current arena over 20 years ago, we understand the significance of this project for our city and its future, knowing hundreds of construction jobs will be created to boost our economy,\u201d said Dave Kollmann, Flintco central region president, in the release.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/mortenson-flintco-nba-arena-oklahoma-city\/742852\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Award: &#8230; <a title=\"Mortenson partners to build $900M NBA arena in Oklahoma City\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/mortenson-partners-to-build-900m-nba-arena-in-oklahoma-city\/\" aria-label=\"Read more about Mortenson partners to build $900M NBA arena in Oklahoma City\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-29643","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=29643"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29643\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=29643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=29643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=29643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}