A new arena to host the Bobcats at uptown Charlotte began its construction in July 2003, and the team would play its home games at the Coliseum until the new building was ready. Despite failed attempts at the ballot box to fully fund the arena, city politicians decided to implement a hotel and leisure tax in Charlotte to help pay for it.

Time Warner Cable Arena originally Charlotte Bobcats Arena and commonly The Hive, Time Warner Arena, or The Cable Box, is an entertainment and sports venue, located in center city Charlotte, North Carolina. It is owned by the city of Charlotte and operated by the Charlotte Hornets of the NBA. It made its grand opening in October 2005 as the Charlotte Bobcats Arena, hosted its first Bobcats game on November 5, 2005.