The Desert, The Well (Former) | |
.jpg) (2014) | |
  Desert Financial Arena Location in Arizona  Desert Financial Arena Location in the United States | |
| Former names | ASU Activity Center (1974–97) Wells Fargo Arena (1997–2019) |
|---|---|
| Address | 600 E Veterans Way |
| Location | Tempe, Arizona, United States |
| Coordinates | 33°25′28″N 111°55′51″W / 33.424524°N 111.930948°W |
| Public transit |  Veterans Way/College Ave |
| Owner | Arizona State University |
| Capacity | 14,198 |
| Construction | |
| Broke ground | 1972 |
| Opened | April 29, 1974[2] |
| Construction cost | $8 million ($58.3 million in 2023 dollars[1]) |
| Architect | Drover, Welch & Lindlan, Inc.[2] |
| General contractor | Olson Construction Company[2] |
| Tenants | |
| Arizona State Sun Devils men's basketball (NCAA) (1974–present) Arizona State Sun Devils women's basketball Arizona State Sun Devils women's volleyball | |
Desert Financial Arena[3] (formerly ASU Activity Center and Wells Fargo Arena) is a 14,198-seat[4] multi-purpose arena located at 600 E Veterans Way in Tempe, Arizona, United States, in the Phoenix metropolitan area. It sits immediately east of Mountain America Stadium on the northern edge of the Tempe campus of Arizona State University (ASU).
Constructed in the spring of 1974 as the University Activity Center (or the "You-Ack") and at the cost of $8 million, it is the home of men's basketball, women's basketball, and women's volleyball and former home of women's gymnastics and men's wrestling. The facility also plays host to graduation ceremonies and a variety of concerts and shows. The building replaced Sun Devil Gym as the primary arena for the Sun Devils' basketball team.
The former naming rights for the arena were purchased by Wells Fargo & Co. in 1997. The current naming rights to arena were purchased by Desert Financial Credit Union in 2019 for $1.5 million for 5 years.
- ^ 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved February 29, 2024.
- ^ a b c "ASU Tempe Campus Buildings Survey, 1960-2007" (PDF). Arizona State University. Archived from the original (PDF) on November 13, 2013. Retrieved November 6, 2013.
- ^ Staff, Arizona's Family Digital News. "ASU's Wells Fargo Arena getting new name". AZFamily. Retrieved 2019-10-15.
- ^ "Thesundevils.com". Phoenix. December 4, 2010. Retrieved December 15, 2010.