The "Raise the Roof" campaign is launched in September of 1997 to expand Gallagher-Iba Arena and the fundraising goal is $45 million. The work is done and the latest version of Gallagher-Iba Arena is dedicated at a grand opening on Jan. 8, 2001. JustĀ 8 months later, it's named the best college basketball arena in the country by CBSSportsLine.com.