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The home of Long Beach State basketball and volleyball, the LBS Financial Credit Union Pyramid has become a nationally recognized icon for the university and the city of Long Beach. Because of its dramatic appearance, unique multi-purpose capability, and its lure for television production, the LBSU Financial Credit Union is one of the finest collegiate athletic facilities in the western United States.
The facility was formally renamed following a naming rights agreement that was approved on November 19, 2025 as part of a 12-year, $8.5 million sponsorship agreement.
On March 5, 2005, the pyramid officially became named the Walter Pyramid, thanks to the generous donations presented to the university by Dr. Mike and Arline Walter. Long-time supporters of the school, the Walters have agreed to step away from the naming in the interest of clearing the way for a significant new investment in the Beach Athletics programs and its Division I student-athletes.
The Walters plan to continue their support and partnership with the university.
Officially opened on November 30, 1994, the Beach rolled to a 71-64 win over the University of Detroit before a crowd of 5,021 and an ESPN television audience.
The distinctive cobalt blue exterior has permanently altered the city's skyline. It rises 18 stories above the north campus and can be seen for miles. It has provided a quantum leap in both the image and effectiveness of the Long Beach State athletics programs, with an immediate impact on our fan base, scholarship fundraising, recruiting, and revenue generation. Nearly 200,000 visitors pass through the LBS Financial Credit Union Pyramid's entrances annually.
Designed by Long Beach architect Don Gibbs and built by the Nielson Construction Company of San Diego, the Pyramid cost approximately $22 million.
The LBS Financial Credit Union Pyramid measures 345 feet on each side of its perfectly square base. Its floor space accommodates nine volleyball courts, three full basketball courts, and four additional half-basketball courts on the "activity" level.
The building also features a state-of-the-art conference center, The Pointe, a first-rate venue for academic lectures, workshops, seminars, and banquets. The LBS Financial Credit Union Pyramid also features Long Beach State's strength and conditioning center.
One of four true pyramids in the United States (others are located in Las Vegas, San Diego, and Memphis), the Walter Pyramid's most unique feature is its cantilevered seating system mounted on moveable platforms. When the floor level is required for physical education classes, each 81-ton seating platform can be raised hydraulically to expose over 39,000 square feet of beechwood flooring.
The LBS Financial Credit Union Pyramid is believed to be the largest space-frame structure in North America. Its infrastructure utilizes 18,000 steel tubes and connection modules, joined by over 160,000 three-quarter-inch bolts. If the tubes were laid end-to-end, they would form a pipe 26 miles long.
The LBS Financial Credia Union Pyramid has hosted several NCAA-sponsored events, including the NCAA Men's Volleyball National Championships four times, most recently in 2024, and the 2003 NCAA Women's Volleyball Regional Semifinals and Finals.
