Petersen Events Center, 1.6 Miles from your hotel Suite. View Map. The crown jewel of college basketball, The Petersen Events Centeris home to the University of Pittsburgh Panthers Basketball Team as well as the centerpiece of the Universities indoor college athletics. Opened in 2002, the center features over 430,000 sq/ft of space for both athletic events as well as convention and meeting space. University commencement ceremonies also take place in this state of the art facility. Whether you are in town to catch a Panthers game or you are visiting the University for a graduation ceremony Shadyside Inn All Suites Hotel is just a mile and a half away on Fifth Avenue. Enjoy the upscale neighborhood of Shadyside, with its boutique shopping and excellent dining choices all while being within 5 minutes of the venue.