Built in 1974, this indoor arena seats 19,500 & has hosted sporting events such as basketball games. 

In 2017–18, the arena underwent a $29 million renovation by Foutch Architecture and Development LLC to be converted into a youth sports facility. The renovated arena features 12 mixed-use hardwood basketball courts, four on the lower level and eight on the new upper level, and a 350-meter indoor running track. Each level also has spaces for retail services and commercial office space. The renovated arena was previously set to be known as Mosaic Arena as a result of a naming rights sponsorship by Mosaic Life Care; however, Mosaic Life Care released its naming rights sponsorship in December 2017.  On May 17, 2018, Midwestern grocery store chain Hy-Vee secured the naming rights, making the arena's official name Hy-Vee Arena.