First Bank and Trust Arena

Building Description

First Bank and Trust Arena includes new premium seating areas and suites, state-of-the-art video board and display systems, a new sound system, a more spacious concourse and improved restrooms to enhance the fan and event experience. New and improved locker rooms and coaching offices are also a part of the renovated arena, which will maintain a seating capacity of approximately 5,000.

The facility replaces the former home of many SDSU Athletics events in Frost Arena. The arena was opened in 1973 and served as the site of memorable Jackrabbit moments through the 2023-24 athletic season.

The state legislature approved the project in February 2022 with $43.1 million to come from private donations, $6 million from SDSU’s maintenance repair fund and $4 million from university funds. An increase in student fees was not required.

The lead private gift, which was announced Sept. 13, 2021, comes from Brookings-based First Bank and Trust. The $20 million donation provides naming rights to the facility, which had been known as Frost Arena. It was the largest single gift in the history of South Dakota State University.