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Flintco and Mortenson will be associated to build a new arena According to a statement from the City Council of Oklahoma, of the National Basketball Association.
The Council voted on March 11 to approve the contract with TLSA, Flintco, based in Oklahoma and Mortenson, based in Minneapolis. The team will build “an NBA entertainment place and first class entertainment that complies with and/or exceeds the specifications and requirements of the NBA,” the statement said.
The budget for the site is at least $ 900 million and will be at least 750,000 square feet. The Council voted to approve a pre -construction contract with contractors worth $ 2.275 million for public documents.
The new area will rise to the place of Prairie Surf Studios, before the Cox Convention Center, which is a place of ownership of the city. The existing structure will be demolished in spring. The Thunder’s domestic court design is already underway and the construction will begin by 2026, with the end of 2028 and a contractual obligation to open the new arena in June 2030.
For now, Thunder will continue to play his home games at Paycom Center, where they moved after Seattle Supersonics moved to Oklahoma and renamed in 2008. Once the Thunder moved to the new premises, a 25 -year -old commitment to Oklahoma City will begin, the statement said.
The project will be financed by $ 50 million from Thunder owned group and $ 70 million in public money from the Metropolitan Area Project Program, or Maps 4, a hundred, The sales tax approved by foreseen voters Recover more than $ 1 billion for various public projects between 2020 and 2028, by Oklahoman. In addition, when the Map 4 tax is completed, the city will promulgate a sales tax of six years and a hundred to help pay for the stadium.
Mortenson is a lead actor in the stadium building space after working The stadium alleging Las Vegas Raidersit Golden State Warriors’ Chase Centerit Seattle Kraken’s Plimate Climate sand and the Minnesota Vikings USA Bank Stadium.
In the meantime, Flintco has decades of experience in Oklahoma and built the Oklahoma City conventions center and Paycom Center.
“After building the current arena more than twenty years ago, we understand the importance of this project for our city and its future, knowing that hundreds of construction work will be created to promote our economy,” said Dave Kollmann, president of the Central region of Flintco, in the statement.
