The Mortgage Matchup Center, located in Phoenix, Arizona, has undergone significant transformations since its inception. Originally opened in 1992, this multi-purpose arena has been a central hub for sports
and entertainment in the region. Over the years, it has experienced several name changes, reflecting its evolving identity and sponsorships.
Early Years and Initial Construction
The arena's journey began in 1987 when a group of investors, led by Jerry Colangelo, acquired the Phoenix Suns basketball franchise. This acquisition set the stage for the construction of a new venue to replace the Arizona Veterans Memorial Coliseum. The architectural firm Ellerbe Becket was tasked with designing the arena, and construction commenced on August 1, 1990. After nearly two years, the America West Arena opened its doors on June 6, 1992, with a concert by country singer George Strait.
The initial construction cost was $89 million, and the arena was built on an 11-acre site in downtown Phoenix. It featured 88 luxury suites and over 2,200 club seats, providing a modern and luxurious experience for attendees. The arena's opening was marked by a series of events, including the first game of the Arizona Rattlers and the Phoenix Suns' debut with Charles Barkley.
Name Changes and Sponsorships
Throughout its history, the arena has undergone several name changes, each reflecting a new sponsorship deal. Initially named America West Arena, it was rebranded as the US Airways Center in 2006 following a merger. This name remained until 2015 when the Talking Stick Resort took over as the sponsor. However, the COVID-19 pandemic disrupted negotiations for a contract extension, leading to the arena being temporarily named the Phoenix Suns Arena.
In 2021, the arena was renamed the Footprint Center, as part of a partnership with a company focused on reducing plastic waste. This partnership aimed to make the arena CO2-neutral and free of single-use plastics. However, in 2025, the arena was renamed the Mortgage Matchup Center after United Wholesale Mortgage became the new sponsor. This change was influenced by Mat Ishbia, the CEO of UWM and a major stakeholder in the Phoenix Suns and Mercury.
Renovations and Modernization
The arena has not only changed names but has also undergone significant renovations to remain competitive. In 2003, a $67 million renovation added a glass atrium, luxury lounges, and various dining options. More recently, a $230 million renovation was approved in 2019 to modernize the nearly 30-year-old facility. This project included new seating, a state-of-the-art video board, and enhanced connectivity with 5G technology.
These renovations were part of a broader effort to extend the arena's lease with the Phoenix Suns until 2037. The modernization aimed to provide a better experience for fans and keep the arena competitive with newer venues. As the Mortgage Matchup Center continues to evolve, it remains a vital part of Phoenix's sports and entertainment landscape.
