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SBD/Issue 82/Facilities & VenuesPrint All
Fleet Senior VP/Corporate Affairs James Mahoney said that the bank, its merger partner Bank of America, and Delaware North Cos., "definitely" want a new name by this summer. FleetCenter & Bruins Exec VP Charles Jacobs: "We'd like to have a new sign up before the [Democratic National Convention]. That's a goal" (BOSTON GLOBE, 1/17).
CONSTRUCTION: The Cardinals broke ground Saturday on their $387.5M ballpark and announced to the "300 or so" attendees that the seats in the new ballpark will be red, not green. The team "left it up to fans in an online vote, with red being the favored color by a 6-to-1 ratio" (Doug Moore ST. LOUIS POST DISPATCH, 1/18)....The New Memphis Arena Public Building Authority on Friday approved a new, lower "fixed price amount" for construction of FedExForum. It came a month after project officials and politicians "lauded a 'final guaranteed maximum price'" for the construction (Memphis COMMERCIAL APPEAL, 1/17).
OFFICE SPACE: In Charlotte, Richard Rubin reports the Charlotte Coliseum "will be sold and turned into a 154-acre combination of office buildings, apartments and shops, according to a plan the Charlotte City Council will consider Tuesday." The site would not "change hands until early 2006," because the NBA expansion Bobcats will play there for the '04-05 season (CHARLOTTE OBSERVER, 1/19).
Thomson Keeping Its RCA Brand On
Indy’s Dome Through ‘09
Indiana-based Thomson, parent of RCA, announced Friday it plans to "accept the first of two five-year options to extend its 10-year contract as name sponsor of the RCA Dome," according to Bill Hornaday of the INDIANAPOLIS STAR, who noted Thomson will pay the city of Indianapolis $1.3M annually for the rights. Thomson last week made the final $1.2M payment under the original, ten-year, $10M deal. Thomson spokesperson Dave Arland: "We had until the end of June before the contract ended. But with all the attention the Colts are getting with the great season they've had, we thought it made sense to go ahead and announce this now." If the Colts "leave the dome for another facility, Thomson has the right to exit its deal." Arland, on whether the company would shift naming rights to another venue: "We have an agreement with the city. If something were to change, certainly we would sit down and negotiate to see whether we think it's worth it" (INDIANAPOLIS STAR, 1/17).