Venue Name

Fiserv Forum

Logo


Venue Description
Fiserv Forum (/faɪˈsərv ˈfɒrəm/) is a multi-purpose arena located in downtown Milwaukee, Wisconsin. Groundbreaking and construction began on June 18, 2016, and the arena received its certificate of occupancy on June 5, 2018. It is the home of the Milwaukee Bucks of the National Basketball Association (NBA) and the Marquette Golden Eagles men's basketball team of Marquette University. The arena opened on August 26, 2018.

History
Despite being one of the premier NBA facilities when completed in 1988, the BMO Harris Bradley Center was one of the oldest active NBA arenas by the end of the Bucks' tenancy in 2018. Only Madison Square Garden in New York City and Oracle Arena in Oakland were older than the Bradley Center; however, both Madison Square Garden and Oracle Arena were substantially renovated during their lifetimes, although Oracle Arena is scheduled to be replaced by the new Chase Center in San Francisco in 2019. The funds for the building of the BMO Harris Bradley Center were donated by Jane Bradley Pettit and husband Lloyd Pettit without any provision for the building's long-term capital needs or annual operating expenses. Although the facility was self-sufficient, the BMO Harris Bradley Center tenants, such as the Bucks, were at a disadvantage compared with other NBA teams because of the arrangement.

Building a new downtown arena was proposed by former Bucks owner and former U.S. Senator Herb Kohl. There was considerable discussion in the region about the idea of a publicly funded arena and ultimately no resolution was reached. In 2009, Wisconsin Governor Jim Doyle included a provision in the state's capital budget seeking $5 million in state bonding support to renovate the Bradley Center. The Bradley Center's board of directors told state officials that the building needed $23 million in renovations, so they reportedly agreed to raise the remaining $18 million on their own.

On September 18, 2013, then-deputy NBA commissioner Adam Silver toured the arena and said it was a few thousand square feet short of NBA standards, and also lacked numerous amenities. On April 16, 2014, Kohl announced an agreement to sell the franchise to New York City hedge-fund investors Marc Lasry and Wesley Edens. The deal included provisions for $100 million each from Kohl and the new ownership group, for a total of $200 million, toward the construction of a new downtown arena. Soon afterward, the NBA gave the Bucks an ultimatum—get a new arena, or be close to completing a new arena, by the start of the 2017–18 season. If not, the league would buy the franchise from Lasry and Edens and sell the Bucks to one of two prospecting ownership groups; one in Las Vegas and the other in Seattle, which would have meant the certain departure of the Bucks from Milwaukee. On July 15, 2015, the Wisconsin Senate approved funding for the new arena by a 21–10 margin, and on July 28, 2015, the Wisconsin State Assembly approved funding by a 52-34 margin. On August 12, 2015, Governor Scott Walker signed the arena spending plan at Wisconsin State Fair Park in West Allis, Wisconsin.

The Milwaukee city council voted 12-3 on September 22, 2015, to approve the plan. The city's Plan Commission gave unanimous conditional approval to the Bucks' general development plans for land in the Park East Corridor on November 23, while acknowledging possible parking problems in the area.

On April 13, 2016, the Bucks signed a 30-year lease to play in the new arena. In addition Marquette University has agreed to lease the arena for its home games, beginning in 2018.

The official groundbreaking was during the 2nd annual Bucks Block Party on June 18, 2016.

On May 2, 2017, Milwaukee Bucks President Peter Feigin stated that construction of the arena remained on schedule and on budget. Feigin's announcement was from the site of the new arena, after the first roof truss was installed and bolted into place. The roof was officially topped off on August 24, 2017. On August 26, 2018, Fiserv Forum was officially opened in a ribbon-cutting ceremony at the 4th annual Bucks Block Party. The first live event at Fiserv Forum was The Killers with Violent Femmes on September 4, 2018.

Fiserv Forum 2018.jpg
The Bucks played their inaugural game at the Fiserv Forum during the preseason against the Chicago Bulls on October 3, 2018. They won the game 116–82. Their regular season home opener was played on October 19, 2018, against the Indiana Pacers. The Bucks won, 118-101. The basketball attendance record for the Forum was set on December 27, 2018 when 18,058 turned out for a game against the New York Knicks. The Bucks won, 112-98. On April 14, 2019, the Forum hosted its first NBA playoff game, Game 1 of the first round between the Bucks and the Detroit Pistons. The Bucks won, 121-86.

On March 11, 2019, it was announced that the Fiserv Forum would host the 2020 Democratic National Convention from July 13–16, 2020.

Naming rights
Local companies including Johnson Controls, Miller Brewing, Harley-Davidson, and BMO Harris Bank have agreed to be partners with the Bucks, but not for naming rights. On July 26, 2018, the Bucks agreed to a 25-year naming rights deal with Fiserv, a financial services technology company based in the Milwaukee suburb of Brookfield.

After the official name was announced, fans nicknamed the building the "Four-One-Forum", a reference to the city's area code.




Location

Milwaukee, Wisconsin, USA

Country

US

Construction Cost
$524 million

Capacity
17,500

Formed
2018

Closed
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Fanart

Status
unlocked



Data Complete
90%

External Links
Website