The Oklahoma City Thunder’s long-awaited arena took a tangible step forward this week as crews began pouring the first substructure concrete. The project, officially named Continental Coliseum, sits on the former arena and convention center block bounded by Reno Avenue, Ron Norick Boulevard, Sheridan Avenue and E.K. Gaylord Boulevard. Breaking ground in March, the construction crew’s work this week signals the transition from site preparation to the building’s permanent foundation.

Mayor David Holt hailed the concrete placement as a milestone in a city-wide effort to deliver a venue that will serve the Thunder for the next quarter-century. “Progress continues on our new arena, which is one of the most aspirational projects in our city’s history,” the mayor said in a news release. “This first concrete placement is another milestone in the journey, and we know this means that soon we’ll see our new arena rising out of the ground.” The mayor’s remarks underscore the civic pride attached to the project and its role in cementing Oklahoma City’s identity as an NBA market.

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As part of the groundbreaking, partners assembled a time capsule that will be sealed within the new structure. Inside are three emblematic items: a wooden coin from the 1972 opening of the Myriad Convention Center, a photograph documenting the Continental Coliseum groundbreaking ceremony, and a 2023 penny commemorating voter approval of the arena. These artifacts connect the forthcoming Coliseum to the city’s past, linking the legacy of the Myriad and the community’s recent endorsement of the new facility.

The arena’s completion will renew the Thunder’s 25-year commitment to remain in Oklahoma City, a pledge that hinges on the new venue delivering modern amenities and a fan-centric experience. By replacing the aging Paycom Center, the Coliseum promises upgraded seating, premium spaces and technology that align with contemporary NBA standards, positioning the franchise for sustained competitiveness both on and off the court.

Photo: Yahoo Sports

Construction is slated to progress from the concrete substructure to steel framing later this year, followed by interior fit-out work that should keep the project on track for an opening aligned with the 2028-2029 NBA season. The timeline leaves limited flexibility for major design changes, making the coming months critical for maintaining schedule and budget discipline.

Beyond the Thunder, the Continental Coliseum reflects a broader trend of NBA franchises leveraging new arenas to solidify market presence and community identity. Oklahoma City’s ambition to deliver a state-of-the-art facility signals confidence in its fan base and a desire to keep the Thunder at the heart of the city’s cultural and economic landscape for decades to come.