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UA-Anchorage regents approve new $109M arena

University of Alaska Anchorage SeawolvesThe University of Alaska Anchorage Board of Regents approved a plan for a new $109-million basketball arena, but there a chance some expected state money for the project could be vetoed by Gov. Sean Parnell.

The new arena would seat 5,600 and house university sports like basketball and volleyball. (The hockey team will continue playing at Sullivan Arena.) The complex would also feature an auxiliate gym that can be divided into two courts. It would replace the Wells Fargo Sports Complex, which seats 1,000 or so.

This isn’t the first time the school has attempted to tackle arena funding. The first time the plans included a hockey facility, but funding for that plan was vetoed by then-Gov. Sarah Palin.

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