It is home to the school's men's basketball, women's basketball, men's wrestling, and women's volleyball teams, known as the Little Rock Trojans, and named in honor of billionaire philanthropist Jackson T. Stephens, who donated $22.4 million for the construction of the facility.

[8] The facility is located on the north end of the University of Arkansas at Little Rock campus, adjacent to the University of Arkansas System Division of Agriculture Cooperative Extension Service State Office.

It features a full court practice gymnasium, named in honor of former Trojans basketball star Derek Fisher, academic support spaces, a weight room, and training rooms.

[9] The Trojans had previously played in Barton Coliseum, Verizon Arena and the Statehouse Convention Center.

During the COVID-19 pandemic in 2020, the area hosted meetings of the State of Arkansas House of Representatives[10]