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OKC Mayor David Holt Unveils New Arena Renderings During His State of the City Address

OKLAHOMA COUNTY, OKLAHOMA, JUL 16 – The $1 billion arena will be funded by a one-cent sales tax and contributions from MAPS 4 and Thunder owners, with construction starting in 2026 and opening in 2028.

  • At his Wednesday State of the City address, Holt revealed the renderings, joined by architect David Manica who walked the crowd through the early conceptual design for the $900 million venue.
  • The project is funded by a 72-month one-cent sales tax, MAPS 4, and Thunder ownership contributions, ensuring a 25-year commitment.
  • Design renderings show the arena as a vessel, built by a Mortenson/Flintco joint venture with an elevated walkable exterior loop and David Manica said, 'the arena’s key features.'
  • In remarks following the unveiling, Holt added `This will be a building that will define our city`, and Paycom Center will drop its naming rights agreement by 2028.
  • Looking ahead, site clearing is expected later this year, with construction set to start in 2026 and opening scheduled for the Thunder’s 2028-29 season.
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OKC Mayor unveils new Thunder arena renderings

Oklahoma City on Wednesday unveiled its plans and artist rendering for the new home of The Thunder, which they hope will serve for games and concerts in the years to come.

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Koco News5 broke the news in Oklahoma City, United States on Wednesday, July 16, 2025.
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