Summit Arena at The Monument will be a new multi-purpose, indoor arena located on the west side of the existing Rushmore Plaza Civic Center. The nearly 250,000 square-foot arenas will be home to Rodeo Rapid City, Black Hills Powwow, Lakota Nation Invitational, and other sports and entertainment events. The facility will feature approximately 12,500 seats, a variety of experiential and premium seating options, additional social spaces within view of the action, and open and transparent concourses.

The goals of the project are to provide the community and surrounding area a building that has amenities they can enjoy for many years to come, as well as providing promoters with a venue that is functional, easy to use, and works with their show set-up. This includes a large arena floor, a minimum of 75 feet to the grid, an expansive rigging grid, a minimum seating capacity of 10,000 for an end stage concert, a loading dock that can handle a 15 to 20-truck show, and a facility that is accessible for all.