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University of Oklahoma athletics drives $1.1 billion entertainment district

Mixed-use hub's first phase to include performance venue, retail
A rendering shows the 8,000-seat arena expected to host Oklahoma men's and women's basketball games. (Rainier Cos.)
A rendering shows the 8,000-seat arena expected to host Oklahoma men's and women's basketball games. (Rainier Cos.)
CoStar News
April 20, 2026 | 7:33 P.M.

The University of Oklahoma athletics department is driving a long-awaited $1.1 billion, 269-acre entertainment district in Norman, Oklahoma, with site work expected to start this quarter on a first phase to include an 8,000-seat venue.

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