ariz state logo

Plans approved for $115 million multipurpose arena at Arizona State University

Nov. 24, 2020
Construction of the 5,000-seat arena is scheduled to begin in January on the Tempe campus.

The Arizona Board of Regents has approved Arizona State University's plans for a $115 million multipurpose arena for hockey and community events.

The Arizona Republic reports that construction of the 5,000-seat arena on the Tempe campus is scheduled to begin in January; the projected completion date is December 2022.

The projected cost is $115 million, down from initial estimates of $120 million.The plan no longer includes a separate Olympic sports training facility, perhaps a short-term casualty of the coronavirus pandemic.

Construction will be financed through bonds over a 30-year term, using facility revenue, donations and athletic facility district revenues to fund the debt service.

The facility will be home for university hockey, gymnastics and wrestling events. Concerts and other public events also will be held at the arena.

Sun Dev Partners is the developer of the arena in conjunction with Mortenson Development.

A venue management company will manage the arena and training facility and be responsible for operations and maintenance costs.

Sponsored Recommendations

Providing solutions that help creativity, collaboration, and communication.

Discover why we’re a one-stop shop for all things education. See how ODP Business Solutions can help empower your students, school, and district to succeed by supporting healthier...

Building Futures: Transforming K–12 Learning Environments for Tomorrow's Leaders

Discover how ODP Business Solutions® Workspace Interiors partnered with a pioneering school system, overcoming supply chain challenges to furnish 18 new K–12 campuses across 4...

How to design flexible learning spaces that teachers love and use

Unlock the potential of flexible learning spaces with expert guidance from school districts and educational furniture providers. Discover how to seamlessly integrate adaptive ...

Blurring the Lines in Education Design: K–12 to Higher Ed to Corporate America

Discover the seamless integration of educational and corporate design principles, shaping tomorrow's leaders from kindergarten to boardroom. Explore innovative classroom layouts...