{"id":1004144082,"date":"2016-05-17T02:59:11","date_gmt":"2016-05-17T10:59:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144082"},"modified":"2020-05-11T22:36:18","modified_gmt":"2020-05-12T06:36:18","slug":"skanska-inks-70m-contract-to-renovate-ucs-fifth-third-arena","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/skanska-inks-70m-contract-to-renovate-ucs-fifth-third-arena\/","title":{"rendered":"Skanska Inks $70M Contract to Renovate UC\u2019s Fifth Third Arena"},"content":{"rendered":"<p><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004144083\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fifth-Third-Arena-at-the-University-of-Cincinnati.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004144083\" data-attachment-id=\"1004144083\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/skanska-inks-70m-contract-to-renovate-ucs-fifth-third-arena\/fifth-third-arena-at-the-university-of-cincinnati\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fifth-Third-Arena-at-the-University-of-Cincinnati.jpg\" data-orig-size=\"800,450\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Fifth Third Arena at the University of Cincinnati\" data-image-description=\"&lt;p&gt;Fifth Third Arena at the University of Cincinnati&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Fifth Third Arena at the University of Cincinnati&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fifth-Third-Arena-at-the-University-of-Cincinnati.jpg?w=800\" class=\"wp-image-1004144083 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fifth-Third-Arena-at-the-University-of-Cincinnati.jpg\" alt=\"Fifth Third Arena at the University of Cincinnati\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fifth-Third-Arena-at-the-University-of-Cincinnati.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fifth-Third-Arena-at-the-University-of-Cincinnati.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fifth-Third-Arena-at-the-University-of-Cincinnati.jpg?resize=768,432 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004144083\" class=\"wp-caption-text\"><em>Fifth Third Arena at the University of Cincinnati<\/em><\/p><\/div>\n<p><strong>Cincinnati<\/strong>\u2014The <a href=\"https:\/\/www.uc.edu\/.html\" target=\"_blank\">University of Cincinnati<\/a> recently signed a contract to designate the construction firm selected to renovate Fifth Third Arena. The renovation of the multi-purpose arena will begin in June and is slated for completion in November 2018.<\/p>\n<p>UC signed <a href=\"https:\/\/www.usa.skanska.com\/\" rel=\"nofollow\" target=\"_blank\">Skanska USA<\/a> and joint partner <a href=\"https:\/\/www.megenconstruction.com\/\" rel=\"nofollow\" target=\"_blank\">Megen Construction<\/a> to an almost $70 million contract to upgrade the University\u2019s <a href=\"https:\/\/www.gobearcats.com\/\" rel=\"nofollow\" target=\"_blank\">Bearcats<\/a> men\u2019s and women\u2019s basketball teams and women\u2019s volleyball team. Skanska has a 70 percent share of the contract, worth about $50 million.<\/p>\n<p><iframe loading=\"lazy\" title=\"Fly Through Renderings of Fifth Third Arena Project\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/fF7YtwriuxU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Plans call for both the interior and exterior of the 26-year-old facility to get a facelift. A 360-degree seating bowl would be created, reducing capacity to 11,500 from 13,176, but adding more comfortable seats. Renovations also include new concessions and restrooms, an upper-level concourse with fan amenities, expanded food and beverage options and a new Bearcats lounge and super suites. A new main entrance and plaza with ticketing and guest services are also included. Furthermore, the project is pursuing <a href=\"https:\/\/www.commercialsearch.com\/news\/sustainability\/\" target=\"_blank\">LEED certification<\/a>.<\/p>\n<p><em>Image courtesy of Skanska<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Skanska-led joint venture has signed a $70 million contract with the University of Cincinnati to renovate the 26-year-old arena.<\/p>\n","protected":false},"author":237,"featured_media":1004144083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,21743,21782,13,21752,21742,21786],"tags":[],"class_list":["post-1004144082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cincinnati","category-deals","category-development","category-midwest","category-mixed-use","category-latest","category-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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