• Contact
Wednesday, August 6, 2025
  • Login
Oklahoma Business Voice
  • Home
  • News
    • All
    • Aerospace
    • Childcare
    • Education
    • Energy & Environment
    • Federal
    • Film & Television Industry
    • Finance
    • Health Care
    • Innovation
    • Issues Affecting Oklahomans
    • OBV One-on-One
    • Opinion
    • Politics & Elections
    • Taxes & Budget
    • Tribal
    • Workforce Development
    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    Oklahoma City Skyline

    U.S. News names Oklahoma City best big U.S. city to live in

    A Central Technology Center Class A CDL student behind the wheel of a semi-truck.

    Central Tech remedying truck driver shortage in Oklahoma

  • Sign UpNEW
  • About
  • Contact
  • Advertise With Us!
No Result
View All Result
  • Home
  • News
    • All
    • Aerospace
    • Childcare
    • Education
    • Energy & Environment
    • Federal
    • Film & Television Industry
    • Finance
    • Health Care
    • Innovation
    • Issues Affecting Oklahomans
    • OBV One-on-One
    • Opinion
    • Politics & Elections
    • Taxes & Budget
    • Tribal
    • Workforce Development
    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    Oklahoma City Skyline

    U.S. News names Oklahoma City best big U.S. city to live in

    A Central Technology Center Class A CDL student behind the wheel of a semi-truck.

    Central Tech remedying truck driver shortage in Oklahoma

  • Sign UpNEW
  • About
  • Contact
  • Advertise With Us!
No Result
View All Result
Oklahoma Business Voice
No Result
View All Result
Home News
Mayor David Holt

Mayor David Holt

Oklahoma City Mayor Holt to unveil new Thunder arena design

Hicham Raache by Hicham Raache
July 14, 2025
in News
Reading Time: 3 mins read
Share on FacebookShare on Twitter

OKLAHOMA CITY (OBV) – Mayor David Holt will unveil renderings of the Oklahoma City Thunder’s new arena this week.

Greater Oklahoma City Chamber officials, Thunder officials and architect David Manica of MANICA Architecture will join Holt to show preliminary conceptual renderings of OKC’s new downtown area, which includes a new arena for the NBA Champion Thunder team.

The mayor will unveil designs for the new arena during his State of the City address at the Oklahoma City Convention Center on Wednesday.

The Thunder’s new arena is being built in downtown Oklahoma City in the space that was previously occupied by Prairie Surf Studios, which was the production location of the hit movie Twisters as well as the first season of the popular Paramount Plus show, Tulsa King. The building originally opened in 1972 as the Myriad Convention Center. Its name later changed to Cox Business Services Convention Center before inevitably becoming Prairie Surf Studios.

Demolition of Prairie Surf to clear space for the new arena began in March.

The new arena is being funded in part by a 72-month, one-cent sales tax that will start when the MAPS 4 tax ends and will not increase the sales tax rate. MAPS 4 is the latest phase of OKC’s ongoing city revitalization initiative that began with the original MAPS in 1993.

Oklahoma City voters went to the polls in December 2023 and overwhelmingly approved a sales tax to fund a new $900-million arena that will be the home of the OKC Thunder for many years to come. The proposition to fund a new arena passed with 41,129 (71 percent) YES votes and 16,797 (29 percent) NO votes.

MAPS 4 funding is providing $78 million for the arena. The Oklahoma City Thunder ownership group is kicking in $50 million.

Last month, the Oklahoma City Council signed off on the following agreements to keep the Thunder in OKC through at least 2053, which is 25 years after the expected completion of a new Paycom Center arena that is being built to host Thunder games:

  • Arena Use License Agreement
  • New Arena Food and Beverage Agreement
  • Amended Facility Management Agreement
  • Preferential Rights Agreement

“Becoming a big league city has changed us forever, as the last few weeks have reminded us,” Holt said last month. “Since 2022, we have worked as a community to secure our long-term status as a big league city. This agreement represents the culmination of that work. I thank the team ownership and staff, the Council, the City staff and ultimately the voters and residents for their work to bring about this day. Now, we know officially that our relationship with the Thunder is secure through at least 2053.”

MANICA, a Kansas City-based firm that specializes in designing sport and entertainment venues, previously designed the Chase Center in San Francisco, Allegiant Stadium in Las Vegas, the proposed Chicago Bears stadium in Chicago and the upcoming Nissan Stadium in Nashville.

The new arena will be at least 750,000 square feet and cost an estimated $900 million.

The new arena is expected to completed in 2028. The Thunder will continue playing in its current Paycom Center home until the new arena is completed.

Tags: Conceptual RenderingsDavid ManicaDowntown Oklahoma CityGreater Oklahoma City ChamberMAPS 4Mayor David HoltNBA ChampionsNew ArenaNew Arena DesignNew Arena RenderingsOKC ThunderOklahoma CityOklahoma City ThunderPaycom CenterPrairie SurfPrairie Surf MediaPrairie Surf StudiosState of the City AddresstaxUnveiledUnveiling
ShareTweetShare
Previous Post

Oklahoma Aviation Academy founder new State Chamber chairman

Next Post

Oklahoma City aerospace generates $8.8 billion, 80,000 jobs, report says

Related Posts

Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port
Aerospace

Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

August 6, 2025
New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC
Aerospace

New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

August 5, 2025
Oklahoma City Skyline
News

U.S. News names Oklahoma City best big U.S. city to live in

August 1, 2025
A Central Technology Center Class A CDL student behind the wheel of a semi-truck.
Education

Central Tech remedying truck driver shortage in Oklahoma

July 31, 2025
Gov. George Nigh, photo from University of Central Oklahoma
News

Former Oklahoma Governor George Nigh dies at age 98

July 30, 2025
State Suppliers Expo in Oklahoma
News

Suppliers Expo to bring Oklahoma businesses, state agencies together

July 29, 2025
Next Post
Photo from Tinker Air Force Base

Oklahoma City aerospace generates $8.8 billion, 80,000 jobs, report says

Oklahoma Business Voice

© 2023 Oklahoma State Chamber.
Powered by High Five Media.
Privacy Policy

Navigate Site

  • Home
  • News
  • Sign Up
  • About
  • Contact
  • Advertise With Us!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Sign Up
  • About
  • Contact
  • Advertise With Us!

© 2023 Oklahoma State Chamber.
Powered by High Five Media.
Privacy Policy

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.