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Fate Of KeyArena Contractor Will Be Determined In Coming Days

Construction on the renovations to KeyArena is scheduled to begin in earnest next monthGETTY IMAGES

Officials will decide “within days” whether contractor Skanska Hunt is to "continue on or be replaced” on the KeyArena renovation project, according to Geoff Baker of the SEATTLE TIMES. The price for the project has been “rapidly escalating,” now reaching an estimated $800M. Officials from both Oak View Group and NHL Seattle claim that any change in contractors “would not delay the arena’s completion by early 2021.” The NHL expansion team is set to debut there in October ’21, while the WNBA Storm “also hope to open at a remodeled KeyArena that spring.” OVG construction exec Ken Johnsen has talked to Skanska Hunt to "see whether it is indeed confident it can meet what’s still an aggressive completion timeline.” If not, OVG would opt to go with Mortenson Co. “once hard construction begins as scheduled next month.” Mortenson did pre-construction work around the arena site “in the first part of the year before Skanska Hunt -- a joint venture between the Swedish-based Skanska construction giant and the AECOM Hunt architectural and engineering firm – was named general contractor in July.” Rumors have swirled that Skanska Hunt “was leaving the project ever since the NHL last week delayed the expected October 2020 launch of the new hockey team by 12 months.” The renovations were originally estimated at $600M, but it “ballooned to $700 million by mid-summer and then $800 million by the time the NHL franchise was awarded.” That could climb “closer to $825 million or even $850 million as OVG prepares some added initiatives within the building” (SEATTLE TIMES, 12/9).

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