Opened in September 2014, the arena is located in the Jerusalem Sports Quarter, in the southwestern Malha neighborhood, adjacent to Teddy Stadium.

[citation needed] The arena is able to host professional sports, world-class concerts, international conferences, and cultural events.

It is also a multi-purpose site, with hotels and residences for athletes with accommodations of 240 rooms, that is able to provide facilities for exhibitions, cultural and business events.

In 2004, Jerusalem mayor, Ehud Olmert, declared a new basketball arena would be built within a year.

The capacity of the arena (10,000 for ice hockey) made the tournament an attraction for thousands of fans, with the final game of the open tournament, in which Canada beat the United States 7:2, attracting an attendance of 9,000 and becoming the highest attended ice hockey game in history on Israeli soil.