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Results Chart for Delivery Method and Financing
Background informationProject Created: August 11, 2010
Louisville Arena (KY)
Year in Operation:
Design / Construction
New basketball and public events arena for downtown Louisville, recently names the KFC Yum! Center.
Delivery Method as described in the country where it's located:
Construction Manager at Risk
Is the project still active:
Typical CMAR arrangement. Mortensen is CMAR, procured through competitive proposals by Louisville Arena Authority. GMP was finalized after design was sufficiently complete to permit all parties to agree on the GMP.
301 West Main St
United States of America
Souces of Project Support (Non-monetary)
Access to Land
: By public authority.
Souces of Project Support (Monetary)
From Public (Government) Sources to Producers
Direct Cash Support: Funded by state, in part, and in part by City of Louisville. Court will be home to Louisville NCAA men's and women's basketball teams. Revenues expected to support public expense.
Project Delivery & Finance Method
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Manager At Risk while design is in process.
Term for Key Components & Forms of Contract
Initial Design and Construction
Project Value (If and As Known)
Date of Estimated Project Value: August 11, 2010
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