Miami Arena

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Miami Arena
Location 701 Arena Boulevard
Miami, FL 33136
Opened 1988
Owner City of Miami (1988–2004)
Glenn Straub (2004-present)
Construction cost $52.5 million
Tenants Miami Heat (NBA) (1988–1999)
Florida Panthers (NHL) (1993–1998)
University of Miami (NCAA) (1998–2003)
Miami Matadors (ECHL) (1998–1999)
Miami Hooters (AFL) (1993–1995)
Capacity Basketball: 16,640
Hockey: 14,696
Miami Arena, circa 2002.
Miami Arena, circa 2002.

Miami Arena is an indoor arena in Miami, Florida.

Contents

[edit] History

Completed in 1988 at a cost of $52.5 million, its opening took business away from the Hollywood Sportatorium and eventually led to its demise. The arena was the home of the Miami Heat from 1988-2000, the Florida Panthers from 1993-1999, the University of Miami basketball teams from 1988-2003, the Miami Hooters of the Arena Football League from 1993-1995, the Miami Matadors of the ECHL in 1998 and the Miami Morays indoor football team since 2005.

It also hosted the 1990 NBA All-Star Game, the 1991 Royal Rumble the 1994 NCAA Men's Basketball East Regional Final and the NHL's 1996 Stanley Cup Finals. The 2001 Christmas Eve episode of Monday Night Raw featuring The Rock was also held here.

On January 2nd, 2000, the Heat moved to the American Airlines Arena located three blocks east of Miami Arena on the shore of Biscayne Bay. The Panthers also left Miami Arena to play at what is now the BankAtlantic Center located in Sunrise, Florida right near Florida's largest outlet mall, Sawgrass Mills.

Most of the concerts that were held at Miami Arena are now held at newer venues, including the BankAtlantic Center, AmericanAirlines Arena or the Seminole Hard Rock Casino in Hollywood, Florida.

Since then, the arena has remained mostly inactive. The arena was sold in a public auction in 2004 to Glenn Straub, an investor from Palm Beach County, Florida, for $24 million less than the $52 million the city of Miami paid for its original construction. Miami Arena is sometimes called the "Pink Elephant", because it is a White Elephant with pink colored walls.

The arena is easily accessible via mass transit, with a Metrorail stop at Overtown/Arena station, just across the street. Miami-Dade city buses also service the arena area downtown.

[edit] Concerts Events

[edit] Seating Capacity

[edit] External links

Preceded by
first arena
Home of the
Miami Heat

1988 – 1999
Succeeded by
AmericanAirlines Arena
Preceded by
first arena
Home of the
Florida Panthers

1993 – 1998
Succeeded by
BankAtlantic Center
Preceded by
James L. Knight Center
Home of the
Miami Hurricanes basketball team

1988 – 2003
Succeeded by
BankUnited Center
Preceded by
Astrodome
Host of the
NBA All-Star Game

1990
Succeeded by
Charlotte Coliseum

Coordinates: 25°46′51.22″N, 80°11′44.08″W

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