Dunedin's Edgar Centre was officially opened by the Queen in November 1995.

The centre built from a converted wool store purchased for $2.5 million was financed by a $500,000 gift from Dunedin businessman Eion Edgar, with the balance met by the Dunedin City Council. The DCC owns the building and leases it to the Edgar Centre Board. At 14400 square metres it is one of the largest indoor recreation facilities in the Southern Hemisphere, with provision for 21 courts.

In October 1996 Stage 2 of the development was opened by the Right Honourable J. Bolger. It  included restaurant, viewing gallery, cafe/bar and seminar room upstairs with shower, changing rooms and toilet facilities along with a large foyer, reception and control room. The $2.1million cost was met by generous donations from local business and the public through a fundraising campaign, along with a Lottery Board Grant, and Community Trust Grant.

On the 5th February 2005 the new Lion Foundation Arena was opened jointly by Eion Edgar and the Mayor of Dunedin, Peter Chin. Now known as the More FM Arena, this significant addition included: 3 wooden sprung basketball/netball courts, control room, media room, permanent and retractable seating, new reception area, office space, 4 corporate boxes, 2 lounges, 2 balconies, a drug testing room, the Dunedin Sports Injuries Clinic, toilets and change room facilities.

Further significant developments have included replacing the synthetic grass courts with wooden courts, giving us seven wooden courts in total today and the still-progressing replacment of the original 'turf' courts throuout the centre with new artificial turf'.

In 2013 the arena was re-named the ‘More FM’ Arena and several courts became sponsored as part of a new Brand Partnership program