New ARENA as part of entertainment District

PRESS RELEASE

Team Norman Lays Out Billion-Dollar Plan for New Entertainment District

NORMAN – Sept. 6, 2023 – A broad and diverse coalition of Norman leaders have unveiled plans for a billion-dollar development that includes a venue for major entertainment and sporting events as well as retail shops, restaurants, bars, offices, a hotel and housing for thousands.

The Norman Economic Development Coalition (NEDC) has joined with the University of Oklahoma, the City of Norman, Cleveland County, the Norman Chamber, VisitNorman and the Norman business community to create a proposal that could transform the city. The coalition will work on this proposal in a collaborative fashion with local governmental leaders through the normal approval process.

“It is rare to have such a collaborative effort to produce a master plan, combining resources and assets to create a unique mixed-use development unlike any in Oklahoma – or the nation, for that matter,” said NEDC President Lawrence McKinney. “Once developed, this entertainment district will be a focal point for all of Central Oklahoma.”

In today’s announcement, officials outlined the comprehensive development that is planned at Rock Creek Road and 24th Ave. NW. McKinney was joined by University of Oklahoma President Joseph Harroz Jr., Norman Mayor Larry Heikkila, Cleveland County Commissioner Rod Cleveland, Norman Chamber President Scott Martin, and VisitNorman President Dan Schemm.

The proposed development will include a multi-purpose performance venue designed to host many different types of events from concerts and shows to OU basketball games and women’s gymnastics competitions. Adjacent to the performance venue will be an outdoor plaza and a burgeoning, job-creating entertainment district with everything necessary to ensure a premium entertainment experience.

Harroz said the district is exactly what Norman has needed for a long time, and it is exciting for the university to be the district’s first anchor tenant.

“OU is proud to be a part of this broad coalition of leaders who are coming together to help grow the Norman economy and provide new opportunities for local residents,” said Harroz. “This new district will be the perfect complement to Campus Corner and historic Downtown Norman. These enhancements will elevate our community’s unique entertainment options and improve the quality of life for residents of Norman and the broader region.”

To ensure a successful mixed-use development, the plan features a strong focus on density, diversity and walkability through multi-family and single-family housing, allowing thousands of residents to live within walking distance of shopping, entertainment, social gatherings and jobs.

Norman Mayor Heikkila called the entertainment district a pivotal development in Norman’s continuing effort toward economic growth and quality of life.

“Our citizens have made it clear that quality of life is important to them, and in fact, quality of life is essential for any healthy community, so we are delighted at the prospect of creating a new district that will build on the great assets we already have in Norman,” he said.

With respect to Norman’s role as the world leader in weather research and prediction, the proposed development plan also includes the potential development of a weather museum experience, bringing the exciting world of weather to thousands of visitors annually. In addition, the proposal includes potential airport access from the west side of Max Westheimer Airport, pending the outcome of an ongoing feasibility study.

Approximately 80% of the plan’s $1 billion cost would be paid through private investment. The remaining 20% would be paid through public sources. None of the funds would come from the city or county general funds.

Cleveland County Commissioner Rod Cleveland called the project a positive step forward for Norman.

“I am incredibly excited about the proposed entertainment district. The collaboration and commitment between the private and public sectors is unprecedented and is the catalyst for our future,” Cleveland said.

Norman is well known for innovation and bold ideas, and this development is another recipe for success, said Norman Chamber President Martin.
“This mixed-use entertainment district will be one of a kind in Oklahoma, and it will further elevate our reputation as the place to live, work, and play,” he said. “The proposed development is also located next to the state’s most visited shopping district and will further enhance economic development and job creation in Norman.”

This proposed development is an opportunity for Norman to continue its long legacy as home to the University of Oklahoma and a showpiece for our state, said VisitNorman President Schemm.

“As OU enters the Southeastern Conference, VisitNorman is committed to ensuring that the welcome mat is out for visiting teams and their fans,” he said. “This is a top-notch development offering all the ingredients for a fun and inviting experience our guests will remember for years to come.”
 
I know we've struggled to fill the LNC, but 8,000 seats for the new arena seems way too slight. No reason a new arena should be any less than at least 9,000 as you have to imagine a new facility (with restaurants and shops) will be a draw along with the closer distance to the metro and the move to the SEC. We'll most likely see a good boost in attendance for a good while. Smaller facility limits its uses and is short sighted.
 
I know we've struggled to fill the LNC, but 8,000 seats for the new arena seems way too slight. No reason a new arena should be any less than at least 9,000 as you have to imagine a new facility (with restaurants and shops) will be a draw along with the closer distance to the metro and the move to the SEC. We'll most likely see a good boost in attendance for a good while. Smaller facility limits its uses and is short sighted.

I'm sure they are hoping a limited supply and increase of demand will allow them to jack up prices.
 
I know we've struggled to fill the LNC, but 8,000 seats for the new arena seems way too slight. No reason a new arena should be any less than at least 9,000 as you have to imagine a new facility (with restaurants and shops) will be a draw along with the closer distance to the metro and the move to the SEC. We'll most likely see a good boost in attendance for a good while. Smaller facility limits its uses and is short sighted.

8k is about right for basketball now a days. Texas Irwin Center used to fit around 15-16k. Their new arena only seats about 10-11k for basketball.
 
i think it should be 10k .. but not a huge issue either way ..

 
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In one of the many discussions on this topic, I seem to remember something about cost and 8,000 seat capacity. Once you go over 8,000 seats the cost goes up exorbitantly, so it’s more economical to build 8,000 seat arena vs 10,000. Maybe I’m misremembering but I think it’s something like that.

I was hoping for 10,000 but I really want a better experience and a full and loud crowd for OU basketball.
 
In one of the many discussions on this topic, I seem to remember something about cost and 8,000 seat capacity. Once you go over 8,000 seats the cost goes up exorbitantly, so it’s more economical to build 8,000 seat arena vs 10,000. Maybe I’m misremembering but I think it’s something like that.

I was hoping for 10,000 but I really want a better experience and a full and loud crowd for OU basketball.

If you’re right about the costs, I understand why the plan might call for 8,000 seats.

Like you, I would rather see the new arena filled to capacity than to deal with empty seats. Standing room only or adding folding chairs to the floor level is not a bad look.
 
We've probably only averaged around 5-6k per season since the Kelvin era. We show up for the big games but that's about it. And we've had less of those the last couple years because we've stunk.
 
https://www.on3.com/teams/oklahoma-...man-ou-optimistic-new-arena-will-be-approved/

Paid content but the only additions are that there's confidence that this can be passed.

“I’m confident that we have an open-minded city council,” said Lawrence McKinney, the CEO and President of the Norman Economic Development Coalition. “They’ve been listening to us. We’ve been providing them a lot of information. They’ve been asking a lot of questions. They’ve met with out developers. And they’ve seen some of our layouts.”

“I think it’s just going to be a different environment. We’ve got a different model of what we’re presenting. There are a lot of reasons it should go forward.”
 
We've probably only averaged around 5-6k per season since the Kelvin era. We show up for the big games but that's about it. And we've had less of those the last couple years because we've stunk.

Haven't we sold more than 8k in in full and partial season ticket plans? I could have that wrong, but it seems like it's been said often here on this board that OU wouldn't have have converted to a smaller capacity if the LNC had been remodeled because OU sells the tickets, even if the fans don't show up often enough.
 
Haven't we sold more than 8k in in full and partial season ticket plans? I could have that wrong, but it seems like it's been said often here on this board that OU wouldn't have have converted to a smaller capacity if the LNC had been remodeled because OU sells the tickets, even if the fans don't show up often enough.

Historically, a big part of the attendance problem was tickets sold to donors that go unused. And it's part of the crowd noise problem, too. Several years ago, we had an NIT game at home. If I remember correctly, all the tickets were sold on a 'first come first served' basis and they were very reasonably priced. The seats on the east side were filled with enthusiastic fans instead of a few donors and you could really tell the difference in crowd noise.
 
Is a city council vote all that is needed to fully approve the project or do they have to put it to a Norman residence vote?
 
Haven't we sold more than 8k in in full and partial season ticket plans? I could have that wrong, but it seems like it's been said often here on this board that OU wouldn't have have converted to a smaller capacity if the LNC had been remodeled because OU sells the tickets, even if the fans don't show up often enough.

This is far from a silver bullet but perhaps I'm pessimistic. Hopefully the seating polices and configuration of seats makes for a better TV presentation. By extension, the presentation will assist in filling the arena going forward. Its going to happen for better or worse. I'm confident it's good for Norman, just not at all sure about OU hoops.
 
Haven't we sold more than 8k in in full and partial season ticket plans? I could have that wrong, but it seems like it's been said often here on this board that OU wouldn't have have converted to a smaller capacity if the LNC had been remodeled because OU sells the tickets, even if the fans don't show up often enough.

yes we had 9 and 10k season ticket holders for most of the last 20 years
 
Best case scenario is that the season ticket holders are either more likely to come because it is closer or are more able to find people use the tickets.

I'd be interested to know what percentage of non-student ticket holders are from Norman vs. other locations.
 
Best case scenario is that the season ticket holders are either more likely to come because it is closer or are more able to find people use the tickets.

I'd be interested to know what percentage of non-student ticket holders are from Norman vs. other locations.

the majority are from north of norman .. not sure the exact percentage
 
I know we've struggled to fill the LNC, but 8,000 seats for the new arena seems way too slight. No reason a new arena should be any less than at least 9,000 as you have to imagine a new facility (with restaurants and shops) will be a draw along with the closer distance to the metro and the move to the SEC. We'll most likely see a good boost in attendance for a good while. Smaller facility limits its uses and is short sighted.

8,000 is fine. Arena capacities are shrinking as schools are drawing fewer fans yet looking to improve the fan experience. In the SEC, Auburn and Ole Miss both have recently built arenas seating around 8,000. Texas moved from a 16,000 seat arena to a new one that seats 10,000. Give the fans a great experience and they'll come, even if you jack up the prices.

I'm not sure what the options for suites will be in this arena. It would be a way OU could generate revenue, but OU is renting the arena from the city of Norman.
 
The survey they sent out there was an emphasis on asking about demand for premium suite, club and loge type seating..so they definitely want to significantly increase revenue per ticket by providing extra food and experience amenities
 
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