It is located next to Bob Bullock Loop (US 59/Loop 20), on the northeastern side of Laredo.

[2] The City of Laredo funded the $36.5 million project through a one-quarter percent sales tax increase that was approved by Laredo voters on August 12, 2000, with the facility's groundbreaking taking place in June 2001.

The 178,000 square foot facility has a seating capacity that can be expanded up to 9,622 for concerts, with 14 luxury suites, six meeting rooms and a private club.

The facility's management company, SMG, oversees all aspects of the arena including operations, concessions, scheduling, ticketing, and marketing.

Arena Ventures owns 35 additional acres around the site that is currently being developed with hotels and office parks, specialized retail stores and restaurants, and a $1.5 million water feature with fountains, a boardwalk and quarter-mile jogging track.