The arena was built and is owned and managed by the Wenatchee Public Facilities District (PFD).

In 2006, nine local cities and counties formed a municipal corporation then called the Greater Wenatchee Regional Events Center Public Facilities District to fund the Town Toyota Center.

[8] The arena went into default on December 1, 2011, when the PFD missed a payment on short term bond anticipation notes.

[9][10] In 2012, legislation was passed and signed by Governor Gregoire to authorized a local sales tax increase to refinance the debt.

[12] In the fine the SEC also named the developer Global Entertainment and its then-president and CEO Richard Kozuback, the bankers, and a staff finance manager.