Flintco has built some of Oklahoma City's most iconic structures, including the Devon Tower, the Myriad Convention Center and the Thunder's current home, the Paycom Center.

Afterward, Holt revealed a ballpark estimate of the new arena's capacity. He said it will likely be in the 17,000 range, a downgrade from Paycom Center's 18,203 number. The arena will be larger, though, by around 200,000 square feet.

The NBA champion is set to move to a new downtown OKC arena in 2028. That means only three more seasons will be played at Paycom Center. The $900 million construction cost guarantees the Thunder will stay in OKC through 2053 once it signs a new long-term lease.