Oklahoma City breaks ground on new Continental Coliseum

The new arena will be the future home of the Oklahoma City Thunder basketball team.

Mar. 27, 2026 at 4:19am

Got story updates? Submit your updates here. ›

Oklahoma City leaders gathered today to break ground on the new Continental Coliseum, a multi-purpose arena that will serve as the future home of the NBA's Oklahoma City Thunder. The $500 million facility is expected to be completed by 2028 and will also host concerts and other events.

Why it matters

The Continental Coliseum is a major investment in Oklahoma City's sports and entertainment infrastructure, signaling the city's commitment to retaining the Thunder franchise and attracting more high-profile events. The new arena will replace the aging Chesapeake Energy Arena, which has been the Thunder's home since the team relocated from Seattle in 2008.

The details

The 18,000-seat Continental Coliseum will feature state-of-the-art amenities and technology, including premium seating options, expanded concession areas, and the latest in broadcast and audio-visual capabilities. The project is being funded through a combination of public and private sources, with the city contributing $300 million and the Thunder organization providing the remaining $200 million.

  • The groundbreaking ceremony took place on March 27, 2026.
  • The Continental Coliseum is expected to be completed and open by the start of the 2028-2029 NBA season.

The players

Oklahoma City Thunder

The NBA franchise that has called Oklahoma City home since 2008, after relocating from Seattle.

Continental Coliseum

The new $500 million multi-purpose arena that will serve as the future home of the Oklahoma City Thunder.

Got photos? Submit your photos here. ›

What they’re saying

“This new arena will be a game-changer for Oklahoma City, providing us with a world-class venue to host the Thunder and attract top-tier concerts and events.”

— David Holt, Mayor of Oklahoma City

“We're thrilled to be partnering with the city to build this state-of-the-art facility, which will enhance the fan experience and cement Oklahoma City's status as a premier destination for sports and entertainment.”

— Sam Presti, General Manager, Oklahoma City Thunder

What’s next

The city and Thunder organization will continue to work closely together on the design and construction of the Continental Coliseum, with the goal of having the arena ready for the start of the 2028-2029 NBA season.

The takeaway

The groundbreaking of the Continental Coliseum represents a significant investment in Oklahoma City's future, solidifying the city's status as a hub for professional sports and live entertainment. The new arena will provide the Thunder with a state-of-the-art home and give the city the opportunity to attract more high-profile events, further boosting the local economy and community pride.