The Palestra is a historic arena and the home gym of the Penn Quakers men's and women's basketball teams, volleyball teams, and wrestling team. Located at 235 South 33rd St. on the campus of the University of Pennsylvania, in the University City section of Philadelphia, Pennsylvania, the arena opened on January 1, 1927. The Palestra is particularly regarded for its importance in the history of college basketball. Nicknamed "The Cathedral of College Basketball", the arena has been called "the most important building in the history of college basketball" and is said to have "changed the entire history of the sport for which it was built".