The arena is part of a larger redevelopment project of the central business district of Allentown. The project encompasses a 5-acre square square block area, in which several new structures are planned to be erected: Part of the arena site was previously developed in the 1990s as an office building called Corporate Plaza; shortly after opening, on February 23, 1994, it collapsed into a sinkhole, due to limestone in the ground and the decision not place the building on a concrete pad, but rather on spread footings; the plaza was imploded on March 19 of that year. Inside the arena will be a new ground-floor studio that will house WFMZ-TV's news operation.