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Thread: New Downtown Arena

  1. Default Re: New Downtown Arena

    Quote Originally Posted by Oski View Post
    I hope not, OK firms haven't got to that level yet.
    That’s a pretty unfair assessment of the architects that work here. Just because one “stays” local instead of jumping to a bigger firm/city mean nothing. There is talent here. Maybe this is their time to shine.
    We are going to have a billion dollar first class facility but then “can’t” use a local firm because “they haven’t got to that level yet”, then IMO we don’t deserve the arena with that small mindset.

  2. #3727

    Default Re: New Downtown Arena

    From a pure design perspective I'm sure there are some local folks that would be capable, but there's a lot more that goes into a stadium than just the exterior design that I believe makes using the right, experienced, firm for the job regardless of location. And while I hope we get something architecturally interesting, I won't be surprised at all if whatever it is is fairly boxy and straightforward with a lot of mixed use components, rather than a traditional circular "arena" look, and I wouldn't complain about that at all. Assuming it's the Cox site, I am curious if they'll end up taking advantage of the lower level parking garage/basement/etc. and have the court be below ground level.

  3. #3728

    Default Re: New Downtown Arena

    Quote Originally Posted by Shortsyeararound View Post
    That’s a pretty unfair assessment of the architects that work here. Just because one “stays” local instead of jumping to a bigger firm/city mean nothing. There is talent here. Maybe this is their time to shine.
    We are going to have a billion dollar first class facility but then “can’t” use a local firm because “they haven’t got to that level yet”, then IMO we don’t deserve the arena with that small mindset.
    I apologize, but have you ever explored the portfolios of renowned firms such as HOK, Populous, HKS, or Gensler? Crafting a quality sports venue involves numerous elements, including aesthetics, engineering, attendee experience, and sound effects. I'm curious, what's the most intricate project undertaken by an OKC firm thus far? I'm steadfast in my opinion.

  4. #3729
    HangryHippo Guest

    Default Re: New Downtown Arena

    It’s simple, but I love the look of Kansas City’s arena. Chase Center is also incredible.

  5. Default Re: New Downtown Arena

    Quote Originally Posted by Timshel View Post
    ...Assuming it's the Cox site, I am curious if they'll end up taking advantage of the lower level parking garage/basement/etc. and have the court be below ground level.
    If it ends up being on the Cox site (increasingly likely), the arena floor will definitely be below grade. It’s the preferred configuration, so that the main concourse - almost always about halfway up the bowl - will remain at street level. Big savings in regard to structural steel, stairways, elevators, escalators, plus generally more convenient than other configurations.

    Another consideration in site preparation is fill. It would save money to build below grade, as the cubic feet of fill required to fill that site will itself be substantial.

  6. #3731

    Default Re: New Downtown Arena

    Since we still have time to dream, dream big:




    Btw, what's the plan for the current Paycom Center? Please don't tell me it will be demolished.

  7. Default Re: New Downtown Arena

    To be clear, this ~$1 billion budget has carrying costs associated. The actual building itself will probably cost ~$600-700 million, which will certainly build a beautiful, spacious, highly-functional multipurpose arena but probably won’t unlock an art piece. Those seem to be in the $2B range these days.

  8. #3733

    Default Re: New Downtown Arena

    I'm still hoping for a rose rock arena.

  9. Default Re: New Downtown Arena

    Regarding the use of Oklahoma A&E firms, there really are none in this space, and only a few in the country, as BoulderSooner points out. This is a very specialized building, and not at all a place for a firm to cut its teeth. What is most likely is that one of the mainline shops gets the work and subcontracts certain pieces to local firms. That doesn’t mean that an outsider might not still be involved in the conceptual design.

  10. #3735

    Default Re: New Downtown Arena

    Quote Originally Posted by Oski View Post
    Since we still have time to dream, dream big:




    Btw, what's the plan for the current Paycom Center? Please don't tell me it will be demolished.
    first none of what you posted are indoor basketball arenas ..

    second Paycom is almost certainly going to be demoed shortly after the new arena opens

  11. #3736

    Default Re: New Downtown Arena

    Quote Originally Posted by Urbanized View Post
    To be clear, this ~$1 billion budget has carrying costs associated. The actual building itself will probably cost ~$600-700 million, which will certainly build a beautiful, spacious, highly-functional multipurpose arena but probably won’t unlock an art piece. Those seem to be in the $2B range these days.
    the final budget could very well be 1.3 billion ... in which case the actually building might cost 1 billion

  12. Default Re: New Downtown Arena

    I can agree with some of those comments, I just don’t want to undercut our own talent here. I’ll lay my jersey on the coaches desk to give Rudy a chance to play.

  13. #3738

    Default Re: New Downtown Arena

    The arenas they’ve mentioned publicly have been Chase Center and Fiserv Forum - designed by Gensler and Populous. I’d be very surprised if it’s not one of the big ones

  14. #3739

    Default Re: New Downtown Arena

    Quote Originally Posted by BoulderSooner View Post
    first none of what you posted are indoor basketball arenas.
    1) I understand; one doesn't need to be a rocket scientist to know where and what each of those stadium is located and used for. What truly matters are the inspirations highlighted in this context. Believe it or not, I knew that someone would tell me those aren't not basketball venues later, but I was too lazy to elaborate.
    2) Thanks. Demolishing Paycom Center is just a silly and wasteful thing to do if that eventually happens.

  15. Default Re: New Downtown Arena

    Quote Originally Posted by BoulderSooner View Post
    the final budget could very well be 1.3 billion ... in which case the actually building might cost 1 billion
    That’s why I used the tilde…most likely will go over $1B total cost. Still unlikely to be an over-the-top art piece.

  16. #3741

    Default Re: New Downtown Arena

    Hopefully/presumably the Paycom land will be valuable enough such that a mostly unused secondary arena is at the bottom of the list of best uses for the site and it can quickly be redeveloped into something great/be part of the overall mixed use development that will ideally be incorporated into the new arena.

  17. #3742

    Default Re: New Downtown Arena

    Quote Originally Posted by Urbanized View Post
    To be clear, this ~$1 billion budget has carrying costs associated. The actual building itself will probably cost ~$600-700 million, which will certainly build a beautiful, spacious, highly-functional multipurpose arena but probably won’t unlock an art piece. Those seem to be in the $2B range these days.
    Urbanized - do you know the average monthly dollar figure for MAPS portion of the sales tax? The agreement is to spend a minimum of $900M and the collection period is 72-months. Just curious what that number is projected to be at the end of the 72-month period.

  18. Default Re: New Downtown Arena

    Quote Originally Posted by SouthOKC View Post
    Urbanized - do you know the average monthly dollar figure for MAPS portion of the sales tax? The agreement is to spend a minimum of $900M and the collection period is 72-months. Just curious what that number is projected to be at the end of the 72-month period.
    I think the Maps tax is currently generating like $15 million per month.

    With inflation and population growth, you could expect the tax to generate at least $20M/month, on average, during the six year arena collection period. Assuming there’s not a big recessionary period in there.

  19. #3744

    Thunder Re: New Downtown Arena

    Quote Originally Posted by April in the Plaza View Post
    I think the Maps tax is currently generating like $15 million per month.

    With inflation and population growth, you could expect the tax to generate at least $20M/month, on average, during the six year arena collection period. Assuming there’s not a big recessionary period in there.
    The MAPS penny sales tax collection are about $15 million per month; using that conservative figure for 72 months, OKC collections could exceed 1.080 billion. We're looking at a possible surplus. Recall that based on MAPS 4 collections the city is projecting a $100 million surplus over its collection period. Source: https://www.oklahoman.com/story/news...h/65404146007/

    .

  20. #3745

    Default Re: New Downtown Arena

    Quote Originally Posted by Shortsyeararound View Post
    I can agree with some of those comments, I just don’t want to undercut our own talent here. I’ll lay my jersey on the coaches desk to give Rudy a chance to play.
    We have no large scale architectural firms in the state. It's not like asking Rudy to step into the game. Rudy has actually played football before. It's more comparable to asking Rudy to step into the front seat of a 747 and fly a plane full of taxpayers across the country.

    No.

  21. #3746

    Default Re: New Downtown Arena

    Populous is the gold standard and I hope that's who we select.

    https://populous.com/our-projects/arenas

  22. #3747

    Default Re: New Downtown Arena

    Quote Originally Posted by Oski View Post
    I hope not, OK firms haven't got to that level yet. I guess it will be HOK, or Populus.
    Populous = HOK https://populous.com/our-global-studio/our-history

  23. #3748

    Default Re: New Downtown Arena

    As far as the GC goes though that could stay local. (to Oklahoma)

    FlintCo is very capable for a project of this magnitude. https://flintco.com/our-work/markets/sports/

  24. #3749

    Default Re: New Downtown Arena

    Would expect Manhattan Construction as well. https://manhattanconstructiongroup.com/

  25. #3750

    Default Re: New Downtown Arena

    Quote Originally Posted by April in the Plaza View Post
    I think the Maps tax is currently generating like $15 million per month.

    With inflation and population growth, you could expect the tax to generate at least $20M/month, on average, during the six year arena collection period. Assuming there’s not a big recessionary period in there.
    $18M/Month avg. by the end of the 72-month period. Is that a fair estimate barring any recession or financial headwinds.

    $1.3B collected
    $70M from Maps 4
    $50M Ownership contribution
    $1.4B total

    Lower than standard land cost based on the city holding the real estate on the targeted build site.

    Not sure on a loan this size but 4-5% interest?

    As has been, mentioned the city can move around budgets to fund various projects, to cover expenditures related to developing flagship developments. (Convention Center)

    Additional vacant lots in the immediate vicinity that are privately held. The city has shown a willingness to provide aid and financial support in the downtown districts.

    I feel like this set's up for an "art piece" level development.

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