Sports Arena Coming To Coeur d'Alene - Spokane, North Idaho News & Weather KHQ.com

Sports Arena Coming To Coeur d'Alene

COEUR D'ALENE, Idaho - Developers want to add a new sports arena to the Coeur d'Alene area for use by North Idaho College as well as to serve as a venue for concerts. The plan is to build a 5 thousand seat event center along the Spokane River. It would be part of the Riverstone Development.

A representative from Riverstone told KHQ Local News the event center is forecasted to bring in 15 million annually in revenue to the area. A lot of local businesses, especially the ones already in Riverstone, are looking forward to it because it'll bring them more business.

"The more traffic, the better. It's just a developing place here, so it's been a little quiet but we're getting to the point where we're getting traffic from the extra businesses and people passing through so that definitely helps our visibility," Mike Gaertner, owner of Vertical Earth, a full service sports shop located in the Riverstone development told KHQ Local News.

The plans for the event center are purely conceptual at this point. The cost of building the facility will be over ten million dollars, and that does not include operating costs. A committee of fifteen will meet Friday to discuss how to fundraise as a significant portion of donations are needed to begin building. That amount of money may seem like a lot, but Gaertner thinks it will take an anchor like the event center to make the development known to everyone in the community.

"Make it it's own little development where everyone can just stay here, shop local and support the local people. I'm all for that," he added. 

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