Just days after Seattle was awarded an NHL expansion franchise to begin play in October 2021, potential changes to KeyArena’s renovation plans have surfaced.
The Seattle Times reports that Oak View Group is looking into replacing contractor Skanska-Hunt with MA Mortenson Co as costs escalate on renovating the facility.
Mortenson did pre-construction work around the KeyArena site before the Skanska-Hunt joint venture was named general contractor in July.
Costs on the arena’s renovations were originally estimated to be around $600m (€528m) but have now risen to $850m.
The inflated cost of steel due to increased import tariffs has been cited as one of the reasons behind the higher project costs but there have have also been numerous upgrades to the building.