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Published April 7, 2023 at 8:00 PM

Updated December 23, 2025

Renovation of a stadium in Fayetteville, Arkansas. Completed plans call for the renovation of a stadium.

Bud Walton Arena opened in November 1993 thanks to the vision of Athletic Director Frank Broyles and the generous support of Walmart co-founder Bud Walton, both of whom wanted to ensure that Arkansas Basketball would be competitive in the Southeastern Conference and nationally. Since then, it has served as the home to men's and women's basketball, as well as university commencements, regional events, and the Walmart Annual Shareholders' Meeting. The arena has a capacity of over 19,000 seats, and is the fifth largest on-campus arena in the United States. The arena today remains largely as it was when first constructed. An intermittent series of small renovations have focused on individual team spaces like training and locker rooms, and on the fans' game experience. These include an improved scoreboard, expanded suites, and additional courtside seating. However, beyond these targeted changes, most of the arena's fixtures, finishes, and building systems are original and have reached the end of their lifespan. The total project cost is currently estimated between $50 and $100 million. The building is located in Athletic Valley, fronting onto Razorback Road and Nolan Richardson Drive.

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Arenas / Stadiums

$100,000,000.00

Public - City

Renovation

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April 6, 2023

March 3, 2025

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1270 Nolan Richardson Dr, Fayetteville, AR

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