April

16

Lucas County Arena is Now The Huntington Center

Posted Apr 16th, 2010 by Al Purdie  Category: Community Interest

 

Huntington National Bank today announced a sponsorship that will change the name of Lucas County Arena to The Huntington Center in recognition of the bank’s commitment to
the region’s new premiere entertainment venue.

The six-year, $2.1 million sponsorship includes three additional six-year renewal options that put the potential naming rights agreement at $11 million or roughly 10% of construction costs. It will support the strength of Lucas County’s $105 million investment in the downtown arena. The arena is already a fan favorite with live music, family-friendly events and the Toledo Walleye.

“Huntington Bank joins with the leadership of Lucas County in continuing Toledo’s downtown renaissance,” said Steve Steinour, Huntington Bank chairman, president and CEO. “Our long-term financial support of the new publicly owned arena underscores Huntington’s belief in community investment and leadership. We share a commitment to Toledo and Northwest Ohio. We hope the new Huntington Center anchors the next stage of development in Toledo.”

“The Huntington Center will stand as visible proof of our support to the greater Toledo community,” said Sharon Speyer, Huntington’s Northwest Ohio region president. “It will bring great sports and entertainment options to the people of Toledo and Northwest Ohio for many years.”

“Huntington’s sponsorship of The Huntington Center represents an investment in every Lucas County resident,” said Pete Gerken, board president of the Lucas County Commissioners. “All of Huntington’s investment will be utilized to pay down the county’s costs and debt incurred in building the arena, helping support a fiscally sound Lucas County,” Gerken said. Lucas County broke ground on the 8,000-seat downtown arena in October 2007 and opened it to the public in October 2009.

In introducing the program, Joe Napoli, president\general manager of the Toledo Walleye said, “This is an historic occasion for Toledo because we are present at the official birth of Toledo’s newest jewel: The Huntington Center. It has been my pleasure to work with Huntington Bank to develop this multi- faceted agreement. I am looking forward to its continued partnership and leadership.”

About Huntington
Huntington Bancshares Incorporated is a $52 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies, Huntington has been providing a full range of financial services including checking, loans, savings, insurance and investment services to customers for 144 years. Huntington has more than 600 banking offices. Huntington also offers retail and commercial financial services online at huntington.com; through its telephone bank; and through its network of over 1,300 ATMs.

About The Huntington Center
The Huntington Center is Lucas County’s newest downtown jewel. The $105 million dollar state-of- the-art arena is located in downtown Toledo. Ground was broken on the 8,000-plus seat multi-purpose arena October 2007. The Huntington Center is one of the nation’s first LEED-certified, professional sports arenas. The facility is managed by SMG, which provides facility services to more than 200 venues in 41 states, Puerto Rico, Canada and Europe. The Huntington Center is home of the Toledo Walleye of the East Coast Hockey League.

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Al Purdie - Huntington Center

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