This is from Placer, a commercial real estate database.

UNP has more visits than any other shopping center in Central Oklahoma and probably the entire state. And they are now under construction on a big new expansion not to mention this additional $1B in improvements.

Anyone trying to portray this development as losing money or not being able to deliver on expansion is completely delusional.

HTTP://www.okctalk.com/images/pete/unp090823.jpg

What is the expansion?

Man. I just want to chip in a small thing. I was a student at OU from 06-10. That Target opened in...2007? I think? UTC isn't new anymore, outside of the stretches that are being built further north.

The development is cool and all. But it's been SUPER disappointing compared to what was promised. I can remember all the promises made about UTC and absolutely none of it has come to fruition. I have no proof, but I believe there was supposed to be a true lifestyle center, a big 10k+ amphitheater, like 2000+ hotel rooms, convention center and on and on.

And it's basically just a glorified Ed Noble Parkway.

That's not to say this has been a failure. It clearly hasn't. And adding this whole district and housing would be HUGE. But idk what to tell you if you don't believe UTC hasn't lived up to it's original promise. And please, don't use the pandemic as an excuse on this. That was 2020, and this has been actively open/under construction since the mid 2000's. They've absolutely not met their original expectations though.

What is the expansion?

Work has already started and it will be bigger than the proposed entertainment district surrounding the arena.

http://www.okctalk.com/images/pete/utc0302423a.jpg


http://www.okctalk.com/images/pete/utc0302423b.jpg


http://www.okctalk.com/images/pete/utc0302423c.jpg

Nice! While I wish this was going to be the luxury lifestyle center it was supposed to be, it looks like it will finally add a true theater to Norman (I assume that is what the entertainment parcel will be). And will be a hit, either way.

Link?

Go to the first page of the thread and read forward.

Nice! While I wish this was going to be the luxury lifestyle center it was supposed to be, it looks like it will finally add a true theater to Norman (I assume that is what the entertainment parcel will be). And will be a hit, either way.

A lot changed in retail after the lifestyle center was first proposed. It sucks it's not going to happen but that is not the fault of the developers.

A lot changed in retail after the lifestyle center was first proposed. It sucks it's not going to happen but that is not the fault of the developers.

Oh, I know. I'm not blaming anyone. The economy tanked in 08, right before it was supposed to be built. No one's fault.

But I'm glad they haven't given up on UNP. And adding 1000s of residents within a few minutes with the $1 billion expansion and development will only help.

BTW, here is a list of restaurants at UTC with many more planned.

This is 28; there is nowhere in the state that comes close to that number and it's going to keep growing dramatically:

Bad Daddy's Burger Bar
CAVA
Cheddar's
Chili's
Chipotle
Chuck E. Cheese
Five Guys
Hideaway
La Madeline
Logan's Roadhouse (believe they recently closed)
McAlister's Deli
Mo' Bettahs
Mod Piza
Nothing Bundt Cakes
Panda Express
Pei Wei
PF Chang's
Qdoba
Red Rock Canyon
Starbuck's
Surf Bar
Swig
The Ranch
Torchy's Tacos
Tropical Cafe
Tucker's
Wing Stop
Zio's

Here is relatively current visitor data for the biggest commercial developments in Central Oklahoma.

UTC is #1 by a wide margin. Imagine when the expansion is complete and they add another $1B investment on top of that:

HTTP://www.okctalk.com/images/pete/unp090823b.jpg

Here is relatively current visitor data for the biggest commercial developments in Central Oklahoma.

UTC is #1 by a wide margin. Imagine when the expansion is complete and they add another $1B investment on top of that:

HTTP://www.okctalk.com/images/pete/unp090823b.jpg

I am curious why #3 and #6 were separated. 1901 NW Expressway (#6) is the address for Penn Square Mall and then #3 is Penn Square Mall / NW Expressway. I was thinking it was the difference between PSM and Belle Isle station, but that is separate as well. I don't think Cheesecake Factory, Whiskey Cake and Container Store bring in that many visitors...

I am curious why #3 and #6 were separated. 1901 NW Expressway (#6) is the address for Penn Square Mall and then #3 is Penn Square Mall / NW Expressway. I was thinking it was the difference between PSM and Belle Isle station, but that is separate as well. I don't think Cheesecake Factory, Whiskey Cake and Container Store bring in that many visitors...

My guess is the larger number includes the outlying parcels and the smaller one is for the mall only.

My guess is the larger number includes the outlying parcels and the smaller one is for the mall only.

That would make sense. It was just weird how it was presented.

When this was proposed years ago with the tax payers funding a significant portion I was 100% opposed. Now that the overwhelming majority of the money is coming from private entities I'm all in. I still feel that the University's basketball facility needs to be on campus but I can definitely see the draw to moving it to UNP. Like some I am very skeptical of the scale of the entire project. UNP while successful is not what we were told it was going to be when it was first proposed. I suspect that when this project is all said and done it will not look like what is has been proposed this last week.

It's strange to me that people are saying 'we didn't get what was advertised' and now that they are proposing to add some new, cool, unique aspect, that same opinion is being used as an argument against going forward.

This development is still less than halfway built-out and is already the biggest draw in the state. Let's do this next phase and then things will be closer to a fully-rounded mixed-use project.

It's strange to me that people are saying 'we didn't get what was advertised' and now that they are proposing to add some new, cool, unique aspect, that same opinion is being used as an argument against going forward.

This development is still less than halfway built-out and is already the biggest draw in the state. Let's do this next phase and then things will be closer to a fully-rounded mixed-use project.

The issue for me is that when Norman was sold on the original TIF for UNP we were told that this would be an area of shops and facilities unlike any other in the state. UNP is not that. I'm not saying that it isn't successful, but it's not what we were sold.
I hope this project happens and I hope it blows my expectations out of the water. This could be great for everyone involved and be Norman's version of Bricktown, only cleaner. We have been made promises about UNP before that were not lived up to so I remain cautiously optimistic about a project this large.

The issue for me is that when Norman was sold on the original TIF for UNP we were told that this would be an area of shops and facilities unlike any other in the state. UNP is not that. I'm not saying that it isn't successful, but it's not what we were sold.
I hope this project happens and I hope it blows my expectations out of the water. This could be great for everyone involved and be Norman's version of Bricktown, only cleaner. We have been made promises about UNP before that were not lived up to so I remain cautiously optimistic about a project this large.

I am so disappointed... my date was supposed to be with Adriana Lima but Gigi Hadad showed up instead and Adriana will not meet us til later. So, please tell Adriana to just not show up at all.

I am so disappointed... my date was supposed to be with Adriana Lima but Gigi Hadad showed up instead and Adriana will not meet us til later. So, please tell Adriana to just not show up at all.

They can both not come and we will stay with (insert who you don't like here) forever. That would be best. Let's not progress forward. Most of the people bitching here don't spend money there anyway.

Businesses and developments make boasts all the time... Anybody who actually thought this development between I-35 and a small airport in a suburb was going to attract a lot of things we can't even get to OKC deserves to be disappointed.

This new idea could actually be really cool and at least provide a small area where you could walk around and choose from a bunch of places, which I happen to really like at Chisholm Creek. And people do nothing but bitch about CC as well but it serves its purpose very well and I end up there regularly.

Just having a place to go before and after a game or event without having to get in your car would be lightyears beyond the sea of asphalt and nothingness at LNC. Something can be a huge improvement without being all things to all people.

I am so disappointed... my date was supposed to be with Adriana Lima but Gigi Hadad showed up instead and Adriana will not meet us til later. So, please tell Adriana to just not show up at all.

Imagine the same scenario and Jenna Fisher shows up. Cute, but not hot. She'll do I guess but not as good as promised and that's what we got.
Again, I hope this development turns out to be greater than all expectations. $1B is sooo much money and this will be a positive impact for the city.

I mean softball is getting a new stadium, baseball field is going to be redone for the new SEC rules and gymnastics will also use this arena (I'd guess).

gymnastics is getting a whole new training facility, which they desperately need. that is what people don't seem to understand, there is a good 10 years worth of projects already on the books, that are happening, that is why without outside help, OU will not be building an LNC replacement for atleast 15-20 years.

Imagine the same scenario and Jenna Fisher shows up. Cute, but not hot. She'll do I guess but not as good as promised and that's what we got.
Again, I hope this development turns out to be greater than all expectations. $1B is sooo much money and this will be a positive impact for the city.

Some men may actually finds Jenna to be preferable. Maybe she’s actually smarter and a better conversationalist. Just depends on the expectation and personal desire.

You're not wrong. Give a listen to 'the office ladies" podcast.

ok, as a casual observer on this topic - I think this is a great development for Norman that will also benefit OU. I as an expat can see it's not OU owned nor developed but private with public (Norman, Cleveland County) contribution. It's like an offer OU can't refuse, since others are doing it.

Now, could it be better if it were closer to/on campus? Yes, but even I can see an arena could not be built unless LNC is razed, and even then it isn't/wont be close to campus. Plenty of programs have arenas off campus, and as has been mentioned - this will be closer to the main base in the OKC metro area. My MBA alma (Seattle University) plays at Climate Pledge arena which is NOT on campus.

My only concern is the seating size, I think 12K is a better target than smaller. It WONT ever compete with Paycom or the new OKC arena, not even the same ballpark. But it will COMPLEMENT the OKC metro area, giving us 3 viable large arenas (if this is built to 12K) and several smaller ones (new Fairgrounds, OCU, and Central Oklahoma). I personally think it's time for Norman to take the leap and become the true 2nd city of the OKC metro. This development will help in that regard, bringing some events non-OU related to the south metro on a regular basis.

ok, as a casual observer on this topic - I think this is a great development for Norman that will also benefit OU. I as an expat can see it's not OU owned nor developed but private with public (Norman, Cleveland County) contribution. It's like an offer OU can't refuse, since others are doing it.

Now, could it be better if it were closer to/on campus? Yes, but even I can see an arena could not be built unless LNC is razed, and even then it isn't/wont be close to campus. Plenty of programs have arenas off campus, and as has been mentioned - this will be closer to the main base in the OKC metro area. My MBA alma (Seattle University) plays at Climate Pledge arena which is NOT on campus.

My only concern is the seating size, I think 12K is a better target than smaller. It WONT ever compete with Paycom or the new OKC arena, not even the same ballpark. But it will COMPLEMENT the OKC metro area, giving us 3 viable large arenas (if this is built to 12K) and several smaller ones (new Fairgrounds, OCU, and Central Oklahoma). I personally think it's time for Norman to take the leap and become the true 2nd city of the OKC metro. This development will help in that regard, bringing some events non-OU related to the south metro on a regular basis.

Absolutely no reason for an area with OU basketball as the primary tenant to have more than 10k seats. 8k is fine. Build a smaller arena and fill it up consistently and you instantly improve the game environment.

I would agree with you if OU were the SOLE tenant, but it's a multipurpose arena that should serve as the 2ndary venue in the OKC metro area for events where Paycom and the new OKC Arena are too large/expensive or just booked. Having 12K for concerts and major events is a sweet spot that OKC metro doesn't currently have. ...

Anyway, they're going to build what (and where) they want so my opinion is just that.

I would agree with you if OU were the SOLE tenant, but it's a multipurpose arena that should serve as the 2ndary venue in the OKC metro area for events where Paycom and the new OKC Arena are too large/expensive or just booked. Having 12K for concerts and major events is a sweet spot that OKC metro doesn't currently have. ...

Anyway, they're going to build what (and where) they want so my opinion is just that.

Let’s not kid ourselves. It’s a multi-purpose arena being built primarily with OU Basketball in mind. Also 8,000 seats for basketball is less than it would seat for concerts (depending on the stage set up). Any concerts for 12k people would just go to Paycom or the state of the art new arena we’re about to build, just as they go to BOK in Tulsa. I don’t think the city is missing out on concerts because of the lack of a 12k seat venue.

Absolutely no reason for an area with OU basketball as the primary tenant to have more than 10k seats. 8k is fine. Build a smaller arena and fill it up consistently and you instantly improve the game environment.

Yup. Just look north to Stillwater. After the initial "boom" in the early 2000's of the Sutton era when demand was high for 13,000 seats, I imagine there are OSU fans who wish now that Gallahger-Iba Arena was in the 8000 seat range. The original 6300 seats were a much easier venue to pack and created a unique environment during basketball season.

^

It's the trend in college sports in general. Most games are televised, tickets are increasingly expensive, everyone now has great home theater systems...

You have to give the fans a reason to go and even then the crowds are likely to be smaller than back before all the things I mentioned above. I'm sure creating more than a parking lot around a 70s-era disco arena is a big part of trying to lure more fans. There are very good reasons that almost all the arenas and stadiums built around the same time are long gone or at least modified beyond recognition.

^

It's the trend in college sports in general. Most games are televised, tickets are increasingly expensive, everyone now has great home theater systems...

You have to give the fans a reason to go and even then the crowds are likely to be smaller than back before all the things I mentioned above. I'm sure creating more than a parking lot around a 70s-era disco arena is a big part of trying to lure more fans. There are very good reasons that almost all the arenas and stadiums built around the same time are long gone or at least modified beyond recognition.

It become especially true for college basketball which has many more home games at much less convenient times than football and has been made less competitive (or at least less interesting) by the one and done rule. Probably the main reason I changed my mind about this proposal was the ease of access and entertainment component. Anything that makes it easier to get fans AND students to the game and hang out there is a win.

I have been told that the 8k seats of this plan vs the 10k of the old plan (which i think is about the correct number) is largely driven by cost ..

It become especially true for college basketball which has many more home games at much less convenient times than football and has been made less competitive (or at least less interesting) by the one and done rule. Probably the main reason I changed my mind about this proposal was the ease of access and entertainment component. Anything that makes it easier to get fans AND students to the game and hang out there is a win.

The Thunder being right up I-35 has to hurt as well and they are only going to get better and will soon have a new $1B arena.

The Thunder being right up I-35 has to hurt as well and they are only going to get better and will soon have a new $1B arena.

Yeah I'm not sure how much of it is a trend across the board but in our market, the NBA has definitely hurt college BB attendance for OU and OSU.

Yeah I'm not sure how much of it is a trend across the board but in our market, the NBA has definitely hurt college BB attendance for OU and OSU.

Nothing against college bball but I can't stand really watching it when the NBA is a better product all around.

Yeah I'm not sure how much of it is a trend across the board but in our market, the NBA has definitely hurt college BB attendance for OU and OSU.

To be fair, OU hasn't been as successful (and frankly, either has OSU). Both schools are fair-weather fans for BBall. Baseball too.

If OU started making the big dance and consistently made it past the first round or two, i think you'd be seeing a much more full house. When they've been struggling for such a long stretch to just stay relevant, it's hard to put butts in the seats.


I'll extend that to the Thunder too. The PC has not been full for quite some time while we've been on our down-turn.

To be fair, OU hasn't been as successful (and frankly, either has OSU). Both schools are fair-weather fans for BBall. Baseball too.

If OU started making the big dance and consistently made it past the first round or two, i think you'd be seeing a much more full house. When they've been struggling for such a long stretch to just stay relevant, it's hard to put butts in the seats.

I'll extend that to the Thunder too. The PC has not been full for quite some time while we've been on our down-turn.

Correct. For the 2015-16 season, OU had a full house at the LNC for just about every conference game. In the seven seasons since then, the team has a cumulative record of 118-104 overall, 50-75 in conference play. Just a punishing stretch of mediocrity, and that's the main reason why the LNC has not been drawing consistent crowds, and I can tell you right now that a new arena will have the same issue beyond the first two seasons or so. OU would have had issues filling an 8,000 seat arena for the majority of last season's home games.

Two points. First one being is writing off the RTA being walking distance to an arena.
Second is if 20% of the 8k seats are going to luxury suites that is <7k for the general pop.

Correct. For the 2015-16 season, OU had a full house at the LNC for just about every conference game. In the seven seasons since then, the team has a cumulative record of 118-104 overall, 50-75 in conference play. Just a punishing stretch of mediocrity, and that's the main reason why the LNC has not been drawing consistent crowds, and I can tell you right now that a new arena will have the same issue beyond the first two seasons or so. OU would have had issues filling an 8,000 seat arena for the majority of last season's home games.

ISU 11251 tickets sold 10116 scanned
KSU 11113 tickets sold 8361 scanned
WVU 11933 tickets sold 10346 scanned
Tech 10682 tickets sold 8217 scanned
TCU 7455 tickets sold 6344 scanned
texas 11547 tickets sold 10014 scanned
KU 12247 tickets sold 11707 scanned (for whatever reason this is the final game this season OU reported both number tickets sold and people showing up )
osu 11470 tickets sold
baylor 11563 tickets sold

the WVU, KU, texas, and baylor games were the only "official" sellouts (capacity was 11,562 in 2015, now it is just under 11K)
either way for sure not a full house every game

ISU 11251 tickets sold 10116 scanned
KSU 11113 tickets sold 8361 scanned
WVU 11933 tickets sold 10346 scanned
Tech 10682 tickets sold 8217 scanned
TCU 7455 tickets sold 6344 scanned
texas 11547 tickets sold 10014 scanned
KU 12247 tickets sold 11707 scanned (for whatever reason this is the final game this season OU reported both number tickets sold and people showing up )
osu 11470 tickets sold
baylor 11563 tickets sold

the WVU, KU, texas, and baylor games were the only "official" sellouts (capacity was 11,562 in 2015, now it is just under 11K)
either way for sure not a full house every game

Thanks for showing that 8k seats is not adequate. Also for showing that the LNC will draw bigger crowds. Every game but 1 had in excess of 8k scanned.

Thanks for showing that 8k seats is not adequate. Also for showing that the LNC will draw bigger crowds. Every game but 1 had in excess of 8k scanned.

the 8k size is a pure function of cost ... 10k (which was the old plan was really the needed size ) but i get it .. there are financial realities ..

also that was the crowds 8 years ago

the 8k size is a pure function of cost ... 10k (which was the old plan was really the needed size ) but i get it .. there are financial realities ..

also that was the crowds 8 years ago

And if the SEC has a min # of tickets held for visitors, this short changes local fans as well. If you can't do it right, don't do it.

And if the SEC has a min # of tickets held for visitors, this short changes local fans as well. If you can't do it right, don't do it.

for basketball it is like 30 seats .. lol

for basketball it is like 30 seats .. lol

i was curious about the actual number, so i looked it up... it looks like it's 100 total tickets reserved to the visiting team.

2022-23 Commissioner's Regulations - Men's Basketball.pdf (espncdn.com) (https://a.espncdn.com/sec/media/2022/2022-23%20Commissioner%27s%20Regulations%20-%20Men%27s%20Basketball.pdf)

From page 31 of the PDF:

Tickets. The visiting team will be allotted 100 complimentary tickets for each Conference game. Each home institution shall provide at least 12 seats to the visiting team directly behind the visiting team’s bench. These must be ticketed seats and will be part of the visiting team’s allotment of 100 complimentary tickets. The location of the “next” 38 complimentary tickets must be within the first 25 rows of the playing floor and as near the visiting team bench as possible. The home team will determine the location of the remaining 50 complimentary tickets. Unless specifically requested by the visiting team, tickets will not be mailed, but will be picked up at the game site by the coach or his representative.

i was curious about the actual number, so i looked it up... it looks like it's 100 total tickets reserved to the visiting team.

2022-23 Commissioner's Regulations - Men's Basketball.pdf (espncdn.com) (https://a.espncdn.com/sec/media/2022/2022-23%20Commissioner%27s%20Regulations%20-%20Men%27s%20Basketball.pdf)

From page 31 of the PDF:

thanks for looking that up ..

the 8k size is a pure function of cost ... 10k (which was the old plan was really the needed size ) but i get it .. there are financial realities ..

also that was the crowds 8 years ago

And this article that reported that 10k seat arena and garage mentioned only 102 million of public financing. So now it is twice the price for 80% of the seating.
https://arenadigest.com/2018/05/25/ou-arena-pitch-made-norman-officials/9

Construction costs and interest rates would be the reason for that. 2018 was nice and cheap!

And this article that reported that 10k seat arena and garage mentioned only 102 million of public financing. So now it is twice the price for 80% of the seating.
https://arenadigest.com/2018/05/25/ou-arena-pitch-made-norman-officials/9

That sucks but is not all that surprising.

Construction costs and interest rates would be the reason for that. 2018 was nice and cheap!

Over 100% inflation? Who are you trying to bs?

Construction costs and interest rates would be the reason for that. 2018 was nice and cheap!

I didn't want to sound harsh in my initial response but it strains believability that costs would go up 100% AND the arena shrinks by 20%. I'd like a lot more details than what has been told so far.

I didn't want to sound harsh in my initial response but it strains believability that costs would go up 100% AND the arena shrinks by 20%. I'd like a lot more details than what has been told so far.

Arena shrunk likely because they figured they can't sell out 8k, let alone 10k. But 8k is needed for other events.

Could be wrong, though.

Not sure on the costs. Might be a bit more extravagant arena than before. We know nothing at all of the design of either arena.

Renderings! We MUST have renderings! :)

That sucks but is not all that surprising.

The word "boondoggle" comes to mind

I didn't want to sound harsh in my initial response but it strains believability that costs would go up 100% AND the arena shrinks by 20%. I'd like a lot more details than what has been told so far.

I was being a bit facetious. We also have no clue the original build plan (that I can find online at least) or what this one includes. We would have to see those side by side to know the cost change.

I'm in a construction adjacent industry and costs are still very high. People are still underestimating what materials and labor now costs post-pandemic. Not 100% more though.

Weather Museum hopes to make Norman the place for all things weather with world-class facility.
The multimillion-dollar exhibit would be part of Norman's $1 billion entertainment district package announced this month.

https://www.koco.com/article/oklahoma-norman-weather-facility-museum/45328670

Weather Museum hopes to make Norman the place for all things weather with world-class facility.
The multimillion-dollar exhibit would be part of Norman's $1 billion entertainment district package announced this month.

https://www.koco.com/article/oklahoma-norman-weather-facility-museum/45328670

I haven't seen anything about where this place is located now or if it even is a thing now. What kind of financial resources it currently has or what is the backing entity?

I haven't seen anything about where this place is located now or if it even is a thing now. What kind of financial resources it currently has or what is the backing entity?

Yeah, I had to look it up, but it is currently directly east of the proposed development, east of Flood on the south side of Rock Creek in a nondescript building. I looked at their website and the cost to enter is $7 for adults and $3 for children. They are only open Friday, Saturday and Sunday, 10-4. You can get a family membership for $50... For comparison, Science Museum of Oklahoma is $20.95 for adults and $15.95 for children and a family of six is $210 per year.

https://www.oudaily.com/news/entertainment-district-norman-city-council-tax-increment-finance/article_39cf1f20-8281-11ee-8d0e-3b79d8b160a2.html

Agenda for tonight City Council meeting amended to include discussion on proposed entertainment district and financing same.

https://www.oudaily.com/news/entertainment-district-norman-city-council-tax-increment-finance/article_39cf1f20-8281-11ee-8d0e-3b79d8b160a2.html

Agenda for tonight City Council meeting amended to include discussion on proposed entertainment district and financing same.

It should be noted that in Sept the public was told that 80% of the arena would be funded by private and University sources with Norman paying 20%.
The staff report submitted tonight calls for a 60% funding by the city and 40% by private and University sources. Plus the city would also be paying for the infrastructure upgrades. This info is in the provided link.
A classic boondoggle in the making.

It should be noted that in Sept the public was told that 80% of the arena would be funded by private and University sources with Norman paying 20%.

this is not what was said in Sept ..

80% of the entire plans 1 billion dollar cost would be privately funded ..


The proposed location for the district is planned at Rock Creek Road and 24th Avenue Northwest. 80% of the plan's $1 billion cost will be covered through private funds, with the remaining 20% coming through public sources.


https://www.oudaily.com/news/1-billion-proposed-norman-ou-entertainment-district-on-i-35-to-be-80-privately-funded/article_00ff3dfe-4cb9-11ee-93cd-0be95498c17f.html

this is not what was said in Sept ..

80% of the entire plans 1 billion dollar cost would be privately funded ..




https://www.oudaily.com/news/1-billion-proposed-norman-ou-entertainment-district-on-i-35-to-be-80-privately-funded/article_00ff3dfe-4cb9-11ee-93cd-0be95498c17f.html

That was September. This is 2 months later.
https://www.oudaily.com/news/entertainment-district-norman-city-council-tax-increment-finance/article_39cf1f20-8281-11ee-8d0e-3b79d8b160a2.html
A staff report posted as part of the agenda for Tuesday evening read:

“Under the proposal, a combination of University and private resources would combine to fund approximately 40% of the total arena construction costs, while the University would only use approximately 25% of the event dates. Team Norman has asked the City to consider funding the remainder of the construction costs as well as some additional infrastructure utilizing tax increment financing.”



If this arena is constructed it would be the smallest seat wise in the SEC. This is what Norman is being asked to fund?

That was September. This is 2 months later.
https://www.oudaily.com/news/entertainment-district-norman-city-council-tax-increment-finance/article_39cf1f20-8281-11ee-8d0e-3b79d8b160a2.html
A staff report posted as part of the agenda for Tuesday evening read:

“Under the proposal, a combination of University and private resources would combine to fund approximately 40% of the total arena construction costs, while the University would only use approximately 25% of the event dates. Team Norman has asked the City to consider funding the remainder of the construction costs as well as some additional infrastructure utilizing tax increment financing.”



If this arena is constructed it would be the smallest seat wise in the SEC. This is what Norman is being asked to fund?

nothing changed