The arena opened as the Charlotte Bobcats Arena on October 21st, 2005, costing $265 million. Architects hoped the building would bring the city together. The building’s concourses and open design, plus artwork throughout all suggest a concept of community and socialising. One major feature of the arena was its scoreboard, which featured a one-of-a-kind light-up 360-degree 3D mural of the Charlotte skyline.
The name was changed to Time Warner Cable Arena when the naming rights were purchased in 2008. When Charter Communications purchased Time Warner Cable in 2016, the name was again changed to reflect the Spectrum trade name.