'The Arena', as it was called,[1] was built on leased land at Laurier Avenue at the Rideau Canal, on the location of today's Confederation Park, near the current Ottawa city hall.

The land for The Arena was leased from landowner Esther Sherwood for the rate of CA$166.66 per month, for twenty years.

[2] The Arena opened on January 11, 1908, for a game between Ottawa and the Montreal Wanderers, the top rivalry of the day.

This third rink was torn down by the federal government at the end of the lease in 1927 to make way for the ceremonial 'Driveway' improvement project along the Rideau Canal.

The main doors were on Laurier Avenue, and a north entrance existed onto Slater Street, which at the time extended to the Canal.