The Toyota Center is an indoor arena located in downtown

Downtown Houston

Downtown Houston is the largest business district of Houston, Texas, United States. Downtown Houston, the city's central business district, contains the headquarters of many prominent companies. There is an extensive network of pedestrian tunnels and skywalks connecting the buildings of the district...

 Houston, Texas

Texas

Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...

. It is named after the Japan

Japan

Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

ese automobile manufacturer Toyota

Toyota Motor Manufacturing Texas

Toyota Motor Manufacturing Texas, Inc is an automobile production subsidiary of Toyota Motor Corporation based in San Antonio, Texas, USA which owns and operates a manufacturing and assembly facility for the parent company...

. The arena is home to the Rockets

Houston Rockets

The Houston Rockets are an American professional basketball team based in Houston, Texas. The team plays in the Southwest Division of the Western Conference in the National Basketball Association . The team was established in 1967, and played in San Diego, California for four years, before being...

 of the National Basketball Association

National Basketball Association

The National Basketball Association is the pre-eminent men's professional basketball league in North America. It consists of thirty franchised member clubs, of which twenty-nine are located in the United States and one in Canada...

, the principal owners of the building, and the Aeros

Houston Aeros

The Houston Aeros are a professional ice hockey team in the American Hockey League. The team plays in Houston, Texas, at the Toyota Center. They are the AHL affiliate of the NHL's Minnesota Wild.- History :...

 of the American Hockey League

American Hockey League

The American Hockey League is a 30-team professional ice hockey league based in the United States and Canada that serves as the primary developmental circuit for the National Hockey League...

.

Rockets owner Leslie Alexander

Leslie Alexander

Leslie Lee Alexander is a former stock trader from New Jersey who owns the National Basketball Association team Houston Rockets. He started trading options and bonds for a Wall Street firm before he broke off to form his own investment company, The Alexander Group, in 1980...

 first began to request a new arena in 1995, and attempted to release the Rockets from their lease at The Summit, which ran until 2003. However, he was denied by arena owner Chuck Watson, then-owner of the Aeros, who also wanted control of a new arena.