Chaifetz Arena (/ˈʃeɪfɛtz/ SHAY-fetz), located on the campus of Saint Louis University, is a 10,600 seat multi-purpose arena in St. Louis, Missouri, that began construction on August 28, 2006 and opened on April 10, 2008. In February 2007, Chicago-based businessman Richard Chaifetz, CEO of ComPsych Corporation and 1975 graduate of SLU, made a $12 million donation to the university, which named the arena in his honor.