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Town Toyota Center

Arena in Wenatchee, Washington

Summary

Arena in Wenatchee, Washington

Field	Value
name	Town Toyota Center
former_names	Greater Wenatchee Regional Event Center (2007–2008)
Town Toyota Arena (2008)
location	1300 Walla Walla Avenue
Wenatchee, Washington
98802
broke_ground	September 12, 2006
opened	October 5, 2008
owner	Wenatchee PFD
operator	Wenatchee PFD
construction_cost	$52.8 million
($ in dollars)
architect	Sink Combs Dethlefs
project_manager	International Coliseums Company
structural_engineer	Martin/Martin Consulting Engineers
services_engineer	M-E Engineers. Inc.
general_contractor	Hunt Construction Group
tenants	Wenatchee Wild (BCHL) / Wenatchee Wild (WHL) (2008–present)
Wenatchee Valley Skyhawks (AWFC) (2019–present)
Wenatchee Bighorns (The Basketball League) (2023–present)
Wenatchee Fire FC (PASL-Pro) (2008)
Wenatchee Valley Venom (AIFA/IFL) (2010–2011)
Wenatchee Wolves (NPHL) (2014–2016)
seating_capacity	Basketball: 5,000
Ice hockey/Arena football: 4,300
Concert: 5,800

Town Toyota Arena (2008) Wenatchee, Washington 98802 ($ in dollars) Wenatchee Valley Skyhawks (AWFC) (2019–present) Wenatchee Bighorns (The Basketball League) (2023–present) Wenatchee Fire FC (PASL-Pro) (2008) Wenatchee Valley Venom (AIFA/IFL) (2010–2011) Wenatchee Wolves (NPHL) (2014–2016) Ice hockey/Arena football: 4,300 Concert: 5,800 Town Toyota Center is a 4,300-seat multi-purpose arena in Wenatchee, Washington. The arena was built and is owned and managed by the Wenatchee Public Facilities District (PFD). It is the home venue of the Wenatchee Wild, an ice hockey team in the Western Hockey League. It was formerly home to the Wenatchee Wolves, Wenatchee Fire FC, the Wenatchee Valley Venom, the Wenatchee Valley Skyhawks, an arena football team, and the Wenatchee Bighorns, a semi-professional basketball team.

During planning and early construction, the arena was known as the Greater Wenatchee Regional Events Center, but in August 2008, a local auto dealer bought the naming rights of the arena for an undisclosed amount, giving the arena its current name.

Default

In 2006, nine local cities and counties formed a municipal corporation then called the Greater Wenatchee Regional Events Center Public Facilities District to fund the Town Toyota Center. The arena went into default on December 1, 2011, when the PFD missed a payment on short term bond anticipation notes. The district was later fined by the Securities and Exchange Commission for misleading investors. It was the first time that the SEC assessed a financial penalty against a municipal issuer. The district settled with the SEC for $20,000. In 2012, legislation was passed and signed by Governor Gregoire to authorized a local sales tax increase to refinance the debt. The default was the largest public default in Washington State since the WPPSS disaster of 1982 that defaulted on $2.25 billion in bonds. In the fine the SEC also named the developer Global Entertainment and its then-president and CEO Richard Kozuback, the bankers, and a staff finance manager.

Notable events

High School Musical: The Ice Tour – October 29-November 2, 2008
Newsboys – March 26, 2009
Tech N9ne – April 26, 2010 and November 2, 2011
Backstreet Boys "This Is Us" Tour – August 4, 2010
Paul Wall, Slim Thug, Ying Yang Twins, and Neema – May 6, 2011
Bill Engvall – July 31, 2011
Amy Grant & Michael W. Smith 2 Friends Tour – September 15, 2011
B. B. King – November 16, 2011
Ron White – November 20, 2011
Mannheim Steamroller – December 20, 2011 and November 26, 2023
Styx – February 1, 2012
Stars On Ice – February 27, 2012 and May 16, 2014
Harlem Globetrotters – February 16, 2011 and February 27, 2012, February 19, 2014, and June 16, 2024
Michael Londra's Beyond Celtic – March 15, 2012
Kelly Clarkson – April 13, 2012
TNA Live! – April 28, 2012
Sesame Street LIVE!: Elmo Makes Music – May 15–16, 2012
Joan Sebastian – August 30, 2013
Larry the Cable Guy – January 15, 2014
Chicago – March 18, 2014
Gloria Trevi – April 18, 2014, with Carlito Olivero
Marco Antonio Solis – August 30, 2015

References

[http://www.castanet.net/news/John-Thomson/23078/New-Events-Centre-Penticton New Events Centre Penticton – Castanet.net – John Thomson Report]
[http://www.bizjournals.com/seattle/stories/2008/09/08/story6.html Builder Global Entertainment will manage the $52.8M center for a public facilities district in Wenatchee – Puget Sound Business Journal]
[http://www.sinkcombs.com/projects/arena/wenatchee/index.html Greater Wenatchee Town Toyota Center]
[http://www.globalentertainment2000.com/images/docs/gpi%20brochure1.pdf Unknown]{{Dead link. (February 2022)
"GLOBAL ENTERTAINMENT CORP, Form 10-K, Annual Report, Filing Date Aug 29, 2008". secdatabase.com.
"Town Toyota Center, Wenatchee, WA".
"MRSC – Public Facilities Districts (PFDs)".
Corkery, Michael. (2013-11-05). "SEC Fines a Muni Bond Issuer for First Time; Underwriter Penalized". The Wall Street Journal.
"SEC.gov {{!}} SEC Charges Municipal Issuer in Washington's Wenatchee Valley Region for Misleading Investors".
"Wenatchee-Area Default Results In New Reform Law". NPR.org.
"Washington Public Power Supply System (WPPSS) – HistoryLink.org".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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