The Indian Wells Tennis Garden is a tennis facility in Indian Wells, near Palm Springs, California, in the Coachella Valley. The 16,100-capacity Stadium 1 is the largest stadium at the tennis complex, and the second largest outdoor tennis stadium in the world (after the Arthur Ashe Stadium at the US Open). It is the home of the BNP Paribas Open (previously the Pacific Life Open), a joint event of both the men's ATP World Tour and the women's WTA Tour, and constitutes the fifth largest tournament in the world, held each year in March. The Indian Wells Tennis Garden also hosts junior and adult United States Tennis Association events year-round. In addition to these large events, during the week members can use the courts for recreational play, and the Tennis Garden sets up matches for individuals who want to play. Additionally, the venue offers clinics, and there are professionals on staff available for a fee. The $77 million facility was built in March 2000, and was designed by Rossetti Associates Architects. It was a result of former no. 1 US player, tournament chairman and owner of the BNP Paribas Open, Charlie Pasarell, partnering with Raymond Moore, to privately raise the money to fund the $77 million development. It was financed by IMG, led by Bob Kain. When Pasarell and his partners first purchased 88 acres of sand in the middle of the Coachella Valley, many doubted its ability to attract people, as all other major tournaments are located in large metropolitan areas, such as Paris, London, New York City, and Melbourne. However, subsequent owners have shared and built on Pasarell's vision for the center. In 2006, the Indian Wells Tennis Garden was bought by a group of private investors including Tennis Magazine owners George Mackin and Bob Miller, Pete Sampras, Chris Evert, Billie Jean King, Greg Norman, Charlie Pasarell, and Raymond Moore. In December 2009, Larry Ellison, co-founder and CEO of Oracle Corporation, became the owner of both the Indian Wells Tennis Garden and the BNP Paribas Open. A long-term tennis enthusiast, Ellison continually invests in upgrading the facility, including a new, permanent Stadium 2 with 8,000 seats, two 19,000-square-foot shade structures, 29 world-class courts, 23 lighted courts, upgraded locker rooms and fitness areas, a 108-seat press room and 18 broadcast booths, eight acres of outdoor exposition space and 54 acres of outdoor parking. In total, the Tennis Garden contains