First opened in 1989, the arena was built on the grounds of a former harbour warehouse at Millwall Inner Dock as part of the redevelopment of the Docklands area, which was developed from a harbour and industrial area to a trade and residential one. The arena could seat up to 12,500 people in the stands and up to 15,000 in concert mode. Events ranged from sport events like basketball, ice hockey, wrestling and boxing to music concerts and trade exhibitions. Spectacor Management Group, the world's largest private facility management company, took over ownership of the London Arena in 1994. The company manages arenas and stadiums in the US and Europe, including the Louisiana Superdome, the Mile High Stadium in Denver and the Ullevaal Stadium in Oslo. During 1998, SMG entered into a partnership agreement with another American based company, Anschutz Sports Holdings, to hold an equal share in the ownership of London Arena.
Renovation
The arena got a £10 million refit in 1998, allowing the capacity of the arena to be altered hydraulically. One of the primary reasons for the refit by joint owners, Anschutz Entertainment Group, was to introduce professional ice hockey back to London with the London Knights. Along with this, the brief given to architects, HOK Sport, was to turn the arena into a major multi-entertainment centre. This involved introducing a permanent Olympic-size ice rink, 48 luxury hospitality boxes with views over the arena, two brand new team dressing rooms, a completely refurbished foyer and box office, plus a state-of-the-art SACO SmartVision video scoreboard, the only one of its kind outside the US. However, the arena continued to struggle to attract enough visitors and events to be profitable and it never managed to become a financial success. One reason for this was its rather isolated geographical position, combined with poor local road and public transport access and limited parking space, although it was well served by the Crossharbour and London Arena DLR station. However, on days when events were held at the arena, it was not uncommon for the small station to be severely overcrowded.
Sale, closure and demolition
In 2003, the arena was sold, which, combined with the disbanding of the Ice Hockey Superleague, led to the folding of the London Knights, the only tenant at the arena at the time, leaving the arena without a permanent tenant, which made the situation worse. In 2005, the arena was closed and was superseded as the main arena by The O2 Arena, which is in The O2 entertainment complex. The arena was demolished in June 2006 and has since been replaced by a mostly-residential development, including the Baltimore Tower. In 2007, the Crossharbour and London Arena DLR station was renamed to simply Crossharbour. However, the London Arena name still remains on a few street signs in the area.
The arena was often seen in the BBC TV series Bugs that was largely filmed on the Isle of Dogs between 1994 and 1997. Scenes from the music video for Robbie Williams' 1999 single "She's the One" were filmed inside the arena, with some London Arena logos visible.