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Flintco-Mortenson JV breaks ground on $900M Oklahoma City NBA arena


An exterior rendering of the Continental Coliseum basketball arena to be built in Oklahoma City, Okla. Retrieved from Oklahoma City Thunder on March 27, 2026

The reigning NBA champions have tipped off work on their new home.

Major project stakeholders attended the Thursday groundbreaking of the Continental Coliseum, the future $900 million arena for the Oklahoma City Thunder.

Of the cost, $850 million will come from Oklahoma City residents and consumers, according to the Oklahoma City Free Press. The money will come through penny sales tax extensions and funds from Metropolitan Area Projects, a capital improvement plan for the city paid for by temporary tax increases. The Thunder’s ownership group will contribute the remaining $50 million.