SBJ/April 5 - 11, 2004/Facilities

Global Entertainment to build hockey arena in Youngstown, Ohio

Global Entertainment Corp. of Phoenix has signed a contract to build a hockey arena in Youngstown, Ohio. The building is scheduled to open in November 2005.

The plan is for Global Entertainment to subcontract management of the facility to Global Spectrum, said Frank Russo, senior vice president with Philadelphia-based Global Spectrum.

The project, valued at $41.25 million with infrastructure costs and land acquisition, is being financed in part by a $26.8 million federal grant.

Global Entertainment Corp. owns the Central Hockey League and has facility development and arena operations divisions. It is working on bringing in a CHL expansion team for the Youngstown arena.

"We have no real deadline, but we would like to get a team in there 10 months prior to the start of the first season," said Rick Kozuback, president and CEO of Global Entertainment.

Construction should start by July. PBK Architects of Vancouver is designing the arena, and Hunt Construction Group will be the general contractor. The arena will have about 6,000 fixed seats.

Global Entertainment also has a memorandum of understanding to construct a similar venue in Cedar Park, Texas.

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CHL, Hockey

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