The City of Oklahoma City (OKC), Oklahoma, has selected a joint venture between US-based construction firms Mortenson and Flintco to lead the construction of a new professional basketball arena in the city’s downtown area. This arena will serve as the future home of the NBA’s Oklahoma City Thunder.

The new venue will replace the Paycom Center, currently the home of the Oklahoma City Thunder. Located in downtown OKC, the Paycom Center has been the Thunder’s home since 2008, and the new arena is part of the city’s efforts to enhance its sports and entertainment infrastructure.

Mortenson and Flintco were chosen from a group of three prequalified construction firms. The city has indicated that it plans to finalize the contract and project budget in the coming months, paving the way for the next steps in the construction process.

Details regarding the design, construction timeline, and full development team are expected to be announced soon. According to local news reports, the new arena will span approximately 750,000 square feet and will have a seating capacity of around 18,000 fans, making it a state-of-the-art facility designed to accommodate major sports and entertainment events.

The collaboration between Mortenson and Flintco is notable, as the two companies previously worked together on the BOK Center in Tulsa, Oklahoma, a multi-purpose sports venue. Mortenson brings significant experience from high-profile sports venue projects, including the Chase Center in San Francisco, the home of the NBA’s Golden State Warriors, and Allegiant Stadium in Las Vegas, which hosts the NFL’s Las Vegas Raiders.

The Oklahoma City arena is estimated to cost $900 million, and its completion is scheduled ahead of the 2029-2030 NBA season. This new facility will mark a significant upgrade for the Thunder, as well as for the city’s sports infrastructure, offering modern amenities and attracting both NBA fans and major events to the area.

Economic Impact and Regional Development

The project will have a substantial economic impact on Oklahoma City, not only by providing a state-of-the-art home for the Thunder but also by generating thousands of construction jobs and boosting the local economy. The arena is expected to be a key venue for a wide range of events, including concerts, conventions, and other sporting events.

In addition to providing an upgraded space for NBA games, the new arena will also serve as a hub for various entertainment options. It will contribute to the ongoing revitalization of Oklahoma City’s downtown district, which has seen significant growth in recent years, with new businesses, restaurants, and attractions attracting more visitors to the area.

The arena’s development is also expected to play a crucial role in the city’s long-term planning to diversify its economy and position itself as a regional hub for sports and entertainment. The project could spur further investments in the surrounding area, including retail and hospitality developments, which would further enhance the city’s appeal as a destination for both residents and visitors alike.

Timeline and Future Prospects

While the project is still in its early stages, the selection of Mortenson and Flintco to handle the construction of the arena marks a critical step forward. With the project’s budget and final details set to be finalized in the coming months, all eyes will be on the future construction progress as the city prepares for the arrival of a world-class venue.

The new Oklahoma City Thunder arena is expected to set a new standard for sports and entertainment facilities in the region. The estimated $900 million investment will bring a modern, high-capacity venue to the city that is designed to enhance the fan experience while also contributing to Oklahoma City’s broader goals of economic growth, urban renewal, and cultural development.

Future Expansion and Long-Term Vision

As part of its long-term vision for the city’s growth, Oklahoma City is also exploring opportunities for further expansion and investment in its sports infrastructure. The new arena is just one part of a broader plan to revitalize the downtown area and foster a thriving sports and entertainment district that will attract even more visitors and investors.

The city’s commitment to hosting world-class events and supporting its professional sports teams will position Oklahoma City as a rising sports and entertainment hub, benefitting both local residents and the larger region. With the construction of the new arena, Oklahoma City is taking another step toward solidifying its place as a major destination for professional sports in the United States.

Conclusion

The construction of the new NBA arena in Oklahoma City will not only provide a modern home for the Oklahoma City Thunder but will also contribute to the ongoing revitalization of downtown OKC. With an experienced construction team, a planned completion date ahead of the 2029-2030 NBA season, and a strong focus on economic growth and regional development, the project is set to become a significant landmark for the city and its residents.

Originally reported by Mitchell Keller in Construction Briefing.