Price Tag on Omaha Arena Jumps to Nearly $12 Million

Posted 11 months ago

By Scott Carlson

uno-arena(AP) — The price tag for the University of Nebraska at Omaha’s new arena has gone up nearly $12 million, and officials are blaming rising construction costs and design revisions.

The cost of the arena being built at 67th and Center Streets has jumped to $87.9 million. It had been $76.3 million.

Erin Owen, director of university communications, says UNO intends to pay for the $11.6 million in additional costs with $4 million more in bonds, $4 million more in private donations and $3.6 million in university funds.

UNO planned to ask the University of Nebraska Board of Regents to approve the revised cost and a financing plan that asks permission to issue up to $73 million in bonds.


  • http://cr7munn@hotmail.com tiredofit

    Just another building project that keeps going up and up and up! When is going to end?? Oh wait— we’ll just throw more tax money at it!!

    Current score: 0