Also there is small hall with underground tuminel for warming[2] while the total floor area stands at 48,000 m2 (520,000 sq ft).

Arena's parking is limited in spaces, though nearby residential areas provide enough room for vehicles.

Maljković presented his initiative to the city officials and the president of Serbia Boris Tadić, but the name change has not been accepted.

A team of 126 companies was formed to be part of the arena committee, with Energoprojekt Visokogradnja and GP Napred as main contractors.

In 1992 construction started as the arena committee formed a partnership with American company HOK, experienced in building sporting venues.

[14] Following the formal announcement by FIBA, the arena's construction still continued for some time, though at a considerably slower pace due to the lack of material.

After a change of government in Yugoslavia in 2000 and the lifting of all sanctions imposed on the country, the Arena, under new management, was completed in 2004 in time for the FIBA Diamond Ball tournament and Belgrade finally got the right to host The 2005 European Basketball Championship.

Works on an automated fire prevention system and installation of elevators to meet European standards were completed by November 2006, while no events were held in the Arena in the meantime.

The Belgrade Arena received its permanent public use license on 4 November 2006 and re-opened its doors as a result.

The Belgrade Arena was also one of the 69 venues to take part in the 2009 Summer Universiade Games, hosting the opening and closing ceremonies, as well as the basketball competition.

Arena was the host venue for the concerts of the most significant artists of Serbia and former Yugoslavia, as well as major international stars, including 50 Cent, Anastacia, Backstreet Boys, Beyoncé, Andrea Bocelli, Deep Purple, Montserrat Caballé, Nick Cave, The Chemical Brothers, Eric Clapton and Steve Winwood, Joe Cocker, Leonard Cohen, Phil Collins, The Cult, Bob Dylan, Fatboy Slim, Peter Gabriel, Guano Apes, Guns N' Roses, Hurts, Il Divo, Iron Maiden, Jean-Michel Jarre, Elton John, Tom Jones, Judas Priest, Alicia Keys, Mark Knopfler, Lenny Kravitz, Massive Attack, Nicole Scherzinger and The Pussycat Dolls, Queen + Paul Rodgers, Eros Ramazzotti, Jennifer Lopez, Rammstein, Chris Rea, RBD, Rihanna, Sade, Simple Minds, Shakira, Slash, Slayer, Slipknot, Sting, Whitesnake, Roger Waters, Zaz, ZZ Top, OneRepublic and many others.

On 2 February 2009, the 2009 Fed Cup World Group II, Serbia vs. Japan tennis match set a record for an ITF event attendance with a crowd of 15,118 spectators.

[21] On 26 March 2014, Crvena Zvezda played Eurocup quarterfinal game against Ukrainian champions Budivelnyk Kyiv.

Zvezda won in the overtime 79–70 and this match gathered 24,232 spectators, which is a record for the Eurocup and at the time was also for any basketball game held indoors in Europe.