Smoke didnt even come out from VFG arena, that the Gunners are heading already to Monterrey.  Tonight is another music night ladies and gents!

Arena Monterrey is an indoor arena in Monterrey, Mexico. It is primarily used for concerts, shows and indoor sports like indoor soccer or basketball. It used to be the home arena of the Monterrey Fury indoor soccer team and the Fuerza Regia, a professional basketball team in the Liga Nacional de Baloncesto Profesional and the Monterrey La Raza, a team in the NISL.

The Arena Monterrey is owned by Publimax S.A. de C.V. (TV Azteca Northeast), part of the Avalanz Group, who owns 80% and by TV Azteca who owns 20%. The arena is 480,000 square feet (45,000 m²) in size.

History

The project of the arena started on 1989 when the Asociacion para el Fomento de Deporte y Recreacion A.C, led by the businessmen Jorge Lankenau and Hernan Garza presented the project to the then president Carlos Salinas. The project gained support from the Government of the State of Nuevo León who gave the land for the arena to be constructed within the limits of Fundidora Park.

The arena was originally planned to begin construction in May 1992, and finished by 1993, but the construction actually started on January 1994, and was planned to be finished by 1996. However due the 1994 economic crisis in Mexico, on May 1995 the project suffered a slowdown in the construction industry and finally came to a complete halt by 1996, due the lack of economic resources.

In April 2001 the Government of the State of Nuevo León invited 11 groups of investors to discuss the possibilities of restarting the construction of the arena. On June 1, 2001 the government announced that there were only 5 groups of investors willing to take over the debt and finish up the project and 2 weeks later, Publimax S.A. de C.V. was announced winner of the contest because it was the group with the most money eager to invest in the project (50 million USD). Before the construction was restarted, Hernán Garza accused the government of illegally revoking the concession that was given to him to build and finish the project. The government revoked the concession because of the halt of the project in 1995, but Garza alleged that the economic crisis obliged him to stop it for some time. This, among other problems such as the government delay in giving full control of the arena and Publimax rejecting to do any investment until the control was fully given (which happened in July 2002), caused the project to restart by the end of 2002 with an estimated finish date by the first trimester of 2004.

However, by the last trimester of 2003 the project was almost completed and the first event in the arena took place on Thursday November 27, 2003, with a concert performed by Mexican singer/songwriter Juan Gabriel.

Monterrey (Spanish pronunciation: [monteˈrei] , is the capital city of the northeastern Mexican state of Nuevo León. The city is anchor to the third-largest metropolitan area in Mexico and is the ninth-largest city in Mexico. Monterrey serves as a commercial center in the north of the country and is the base of many significant international corporations.^[4] Until recently, the city had long been regarded as the safest in Mexico and one of the safest in Latin America. Furthermore Monterrey is Mexico’s second richest city, and the world’s 63rd richest, with an economy that had a 2008 GDP of USD $102 billion. Monterrey is one of Mexico’s most developed cities, with the highest per capita income in the nation, and is regarded as a highly developed city.

Monterrey as an important industrial and business center hosts an array of Mexican companies, including Pemex, Lanix Electronics, CEMEX, Vitro, Zonda Telecom, Mercedes-Benz-Valdez, OXXO, Mastretta, BMW de Mexico, Mabe Grupo Bimbo, Zihuatanejo Jet Engines S.A. de C.V. DINA S.A., Cuauhtémoc Moctezuma Brewery (Cervecería Cuauhtémoc Moctezuma), formerly fully owned by FEMSA now jointly owned with Heineken and Alestra Telecommunications. Monterrey is also home to international companies such as Sony, Toshiba, Carrier, Whirlpool, Samsung, Toyota, Hummer, Daewoo, Ericsson, Nokia, Dell, Boeing, HTC, General Electric, Gamesa, LG, SAS Institute and Teleperformance, among others.

Monterrey is located in northeast Mexico, at the foothills of the Sierra Madre Oriental. The recorded history of Monterrey starts in 1596, with its founding by Diego de Montemayor. In the years after the Mexican War of Independence, Monterrey became an important business center. With the establishment of Fundidora Monterrey, the city experienced industrial growth.