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Spokane Valley to Build $35M Ice Arena

  //stocks-investing.news-articles.net/content/2026/02/20/spokane-valley-to-build-35m-ice-arena.html
  Published in Stocks and Investing on Friday, February 20th 2026 at 23:47 GMT by KHQ
      Locale: UNITED STATES

SPOKANE VALLEY, Wash. - February 21st, 2026 - Spokane Valley is on the cusp of a significant transformation in its recreational landscape with the ambitious Spokane Valley Ice Arena project. The proposed $35 million facility promises to alleviate a chronic shortage of ice time and position the city as a premier destination for hockey, figure skating, and other ice sports in the Inland Northwest.

For years, the Spokane and Spokane Valley skating communities have struggled with limited ice availability. Local leagues, figure skating clubs, and even casual skaters have faced frustratingly long waitlists and restricted access to existing facilities. Spokane Valley Mayor Bardon highlighted the severity of the situation, stating, "We're really, really behind in ice availability. Spokane and Spokane Valley are having to turn away so many groups." This lack of access has hampered the growth of youth programs, restricted training opportunities for competitive skaters, and ultimately limited participation in a rapidly growing sport.

The Spokane Valley Ice Arena aims to directly address this issue with a state-of-the-art facility boasting two NHL-sized ice rinks. This doubling of ice surface area will dramatically increase capacity and accessibility for all levels of skaters. The design incorporates ample spectator seating, catering not only to regular practices and games, but also to the anticipated influx of regional and national tournaments. Beyond the rinks themselves, the arena will feature modern amenities designed to enhance the overall experience for athletes and visitors alike. Details currently under consideration include a full-service pro shop, comfortable lounge areas, and updated concessions.

The economic impact of the new arena is expected to be substantial. CEO of the Spokane Valley Ice Arena, Steve LaBier, emphasized the potential for increased tourism. "This really is a great opportunity for Spokane Valley to host tournaments, as well as just enhance the overall recreational opportunities for our residents," he said. Tournament hosting will bring in visiting teams and their families, boosting local hotels, restaurants, and retail businesses. Moreover, the presence of a top-tier facility will attract skilled skaters and families to the area, contributing to long-term economic growth. Local estimates predict an annual economic boost exceeding $5 million once fully operational.

The funding model for the project is a collaborative effort, combining public and private investment. The Spokane Valley City Council recently approved a memorandum of understanding, signifying a key step forward in securing the necessary resources. While specific funding allocations are still being finalized, discussions are underway with several potential private investors eager to support the project. Community fundraising initiatives are also being planned to generate additional support and foster a sense of local ownership.

The project's timeline currently anticipates a groundbreaking ceremony in late 2026, with completion targeted for the fall of 2027. Construction will take place on a 15-acre parcel of land near the Spokane Valley Mall, leveraging existing infrastructure and accessibility. Environmental impact studies have been completed, and the project is designed with sustainability in mind, including energy-efficient lighting and water conservation measures.

The benefits extend beyond hockey and figure skating. The arena is envisioned as a multi-use facility, potentially hosting events such as public skating sessions, ice shows, and even concerts. This versatility will further maximize the return on investment and ensure the arena remains a vibrant hub of activity throughout the year.

Local skating organizations are already expressing their enthusiasm. The Spokane Junior Chiefs Hockey Association, a prominent youth hockey league, has publicly endorsed the project, citing the urgent need for increased ice time to accommodate growing demand. Similarly, the Inland Northwest Figure Skating Club has praised the initiative, highlighting the potential for enhanced training opportunities and the ability to attract higher-level competitions. The new arena isn't just about adding ice; it's about investing in the future of these sports and nurturing the next generation of athletes.

The Spokane Valley Ice Arena project represents a significant commitment to recreational infrastructure and community development. If realized, it promises to transform Spokane Valley into a regional leader in ice sports, providing a world-class facility for skaters of all ages and skill levels and boosting the local economy for years to come.