Saskatoon Arena was an indoor arena located in Saskatoon, Saskatchewan, which opened in October 1937, and which was demolished in March 1989. The arena was situated in downtown Saskatoon, on a site overlooking the South Saskatchewan River. It was the city's main entertainment venue for a half-century, before it was replaced in 198…Saskatoon Arena was an indoor arena located in Saskatoon, Saskatchewan, which opened in October 1937, and which was demolished in March 1989. The arena was situated in downtown Saskatoon, on a site overlooking the South Saskatchewan River. It was the city's main entertainment venue for a half-century, before it was replaced in 1988 by Saskatchewan Place.