Construction on the arena started in 1996 and was completed in time to hold its first event on September 22, 1997. The arena is owned by West Valley City, and managed by Centennial Management Group, Inc.During the 2002 Winter Olympics it served as the main venue for the ice hockey events, and as the venue for ice sledge hockey during the 2002 Winter Paralympics. Today the arena is home to the Utah Grizzlies, and it is also a major venue in the area for numerous concerts and live touring productions.HistoryIn July 1995, only a month after winning the 2002 Winter Olympic bid, the Salt Lake Organizing Committee (SLOC) accepted a proposal from West Valley City to build a new ice hockey facility in their city. SLOC loaned $7 million to the city for construction costs, and would rent the arena from the city during the Olympic games. The arena would be funded through a variety of ways, but would be owned by the municipality of West Valley City, and used for various events before and after the games. Ground was broken for the arena on March 22, 1996, and construction was completed in September 1997; the E Center was officially dedicated in a ceremony on September 19, 1997. The first event held in the new venue was WCW's Monday Nitro Live on September 22, 1997.