diff --git a/crates/gpui/src/app.rs b/crates/gpui/src/app.rs
index 4c7c68942ed9d4d2e2df0971b0f541269afae7e8..5313cf66ab2128b937fc0109787b214577637017 100644
--- a/crates/gpui/src/app.rs
+++ b/crates/gpui/src/app.rs
@@ -37,14 +37,14 @@ pub use visual_test_context::*;
 use crate::InspectorElementRegistry;
 use crate::{
     Action, ActionBuildError, ActionRegistry, Any, AnyView, AnyWindowHandle, AppContext, Arena,
-    Asset, AssetSource, BackgroundExecutor, Bounds, ClipboardItem, CursorStyle, DispatchPhase,
-    DisplayId, EventEmitter, FocusHandle, FocusMap, ForegroundExecutor, Global, KeyBinding,
-    KeyContext, Keymap, Keystroke, LayoutId, Menu, MenuItem, OwnedMenu, PathPromptOptions, Pixels,
-    Platform, PlatformDisplay, PlatformKeyboardLayout, PlatformKeyboardMapper, Point, Priority,
-    PromptBuilder, PromptButton, PromptHandle, PromptLevel, Render, RenderImage,
-    RenderablePromptHandle, Reservation, ScreenCaptureSource, SharedString, SubscriberSet,
-    Subscription, SvgRenderer, Task, TextRenderingMode, TextSystem, ThermalState, Window,
-    WindowAppearance, WindowHandle, WindowId, WindowInvalidator,
+    ArenaBox, Asset, AssetSource, BackgroundExecutor, Bounds, ClipboardItem, CursorStyle,
+    DispatchPhase, DisplayId, EventEmitter, FocusHandle, FocusMap, ForegroundExecutor, Global,
+    KeyBinding, KeyContext, Keymap, Keystroke, LayoutId, Menu, MenuItem, OwnedMenu,
+    PathPromptOptions, Pixels, Platform, PlatformDisplay, PlatformKeyboardLayout,
+    PlatformKeyboardMapper, Point, Priority, PromptBuilder, PromptButton, PromptHandle,
+    PromptLevel, Render, RenderImage, RenderablePromptHandle, Reservation, ScreenCaptureSource,
+    SharedString, SubscriberSet, Subscription, SvgRenderer, Task, TextRenderingMode, TextSystem,
+    ThermalState, Window, WindowAppearance, WindowHandle, WindowId, WindowInvalidator,
     colors::{Colors, GlobalColors},
     current_platform, hash, init_app_menus,
 };
@@ -643,6 +643,8 @@ pub struct App {
     /// Per-App element arena. This isolates element allocations between different
     /// App instances (important for tests where multiple Apps run concurrently).
     pub(crate) element_arena: RefCell<Arena>,
+    /// Per-App event arena.
+    pub(crate) event_arena: Arena,
 }
 
 impl App {
@@ -722,6 +724,7 @@ impl App {
                 #[cfg(any(test, feature = "test-support", debug_assertions))]
                 name: None,
                 element_arena: RefCell::new(Arena::new(1024 * 1024)),
+                event_arena: Arena::new(1024 * 1024),
             }),
         });
 
@@ -1340,7 +1343,7 @@ impl App {
                         emitter,
                         event_type,
                         event,
-                    } => self.apply_emit_effect(emitter, event_type, event),
+                    } => self.apply_emit_effect(emitter, event_type, &*event),
 
                     Effect::RefreshWindows => {
                         self.apply_refresh_effect();
@@ -1377,6 +1380,7 @@ impl App {
                 }
 
                 if self.pending_effects.is_empty() {
+                    self.event_arena.clear();
                     break;
                 }
             }
@@ -1434,12 +1438,12 @@ impl App {
             .retain(&emitter, |handler| handler(self));
     }
 
-    fn apply_emit_effect(&mut self, emitter: EntityId, event_type: TypeId, event: Box<dyn Any>) {
+    fn apply_emit_effect(&mut self, emitter: EntityId, event_type: TypeId, event: &dyn Any) {
         self.event_listeners
             .clone()
             .retain(&emitter, |(stored_type, handler)| {
                 if *stored_type == event_type {
-                    handler(event.as_ref(), self)
+                    handler(event, self)
                 } else {
                     true
                 }
@@ -2407,7 +2411,7 @@ pub(crate) enum Effect {
     Emit {
         emitter: EntityId,
         event_type: TypeId,
-        event: Box<dyn Any>,
+        event: ArenaBox<dyn Any>,
     },
     RefreshWindows,
     NotifyGlobalObservers {
diff --git a/crates/gpui/src/app/context.rs b/crates/gpui/src/app/context.rs
index e2902e48260c69fef9ff2bf77d674fa2ce338593..28d30ab37e7d7b502afc3f471416f2589380ce85 100644
--- a/crates/gpui/src/app/context.rs
+++ b/crates/gpui/src/app/context.rs
@@ -752,10 +752,14 @@ impl<T> Context<'_, T> {
         T: EventEmitter<Evt>,
         Evt: 'static,
     {
+        let event = self
+            .event_arena
+            .alloc(|| event)
+            .map(|it| it as &mut dyn Any);
         self.app.pending_effects.push_back(Effect::Emit {
             emitter: self.entity_state.entity_id,
             event_type: TypeId::of::<Evt>(),
-            event: Box::new(event),
+            event,
         });
     }
 }