Thunder fans can get excited about the future as the city and team held a groundbreaking ceremony for Continental Coliseum, which will become the franchise’s new home in 2028. Demolition has been underway at the location across the street from the Paycom Center for months, and the city and team are ready to break ground for construction. Video Below: OKC Mayor Holt talks of building for future with groundbreaking of Continental Coliseum The groundbreaking ceremony comes days after the Thunder announced a 15-year partnership to name the arena the Continental Coliseum. Video Below: Continental Resources founder Harold Hamm talks groundbreaking of new OKC arenaThis may be a bittersweet moment for many Oklahomans, as the previous arena that was recently demolished opened in the early 1970s. Video Below: Thunder GM Sam Presti talks at groundbreaking of Continental ColiseumThe new arena is slated to be completed by late summer 2028 and ready for the Thunder’s 2028-29 season. The project is estimated to cost a little more than $1 billion. Video Below: Thunder Chairman Clay Bennett talks at Continental Coliseum groundbreaking ceremony

OKLAHOMA CITY —

Thunder fans can get excited about the future as the city and team held a groundbreaking ceremony for Continental Coliseum, which will become the franchise’s new home in 2028.

Demolition has been underway at the location across the street from the Paycom Center for months, and the city and team are ready to break ground for construction.

Video Below: OKC Mayor Holt talks of building for future with groundbreaking of Continental Coliseum

The groundbreaking ceremony comes days after the Thunder announced a 15-year partnership to name the arena the Continental Coliseum.

Video Below: Continental Resources founder Harold Hamm talks groundbreaking of new OKC arena

This may be a bittersweet moment for many Oklahomans, as the previous arena that was recently demolished opened in the early 1970s.

Video Below: Thunder GM Sam Presti talks at groundbreaking of Continental Coliseum

The new arena is slated to be completed by late summer 2028 and ready for the Thunder’s 2028-29 season. The project is estimated to cost a little more than $1 billion.

Video Below: Thunder Chairman Clay Bennett talks at Continental Coliseum groundbreaking ceremony