Officials gathered at the Savannah Arena site on Stiles Avenue on Tuesday to unveil the Enmarket Arena. Months before its scheduled completion, the facility which has been under construction since 2019 now has an official name.
Terms of the naming rights were not immediately disclosed.
A regular in the city, Savannah-based Enmarket was originally founded as Interstate Stations by Robert Demere in 1963. The company was renamed Enmark in 1990 and the current Enmarket from 2015.
“Enmarket’s partnership with Oak View Group and the City of Savannah extends a long history of supporting Savannah’s vibrant music, sports and arts scene,” said Brett Giesick, President of Enmarket, which operates more than 120 stores of proximity across Georgia, South Carolina and North. Caroline.
“The opening of the Enmarket Arena in 2022 will be an exciting time for Savannah. It is a place where Savannahians and people across the Southeast will have experiences that will become memories for life. Our participation in this endeavor embraces our mission to enrich life in our community. We are proud to be part of such a historic company in our hometown.
Teams inaugurated the 149,000-square-foot facility’s land in September 2019 and the city hopes the building will be completed by December with a targeted opening in the first quarter of 2022.
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The arena will accommodate 9,500 participants at its maximum capacity and will feature 12 luxury suites, five boxes and a party suite.
The arena is managed by Oak View Group Facilities, which provides comprehensive management services for arenas, stadiums, convention centers and performing arts centers. The group is also developing arenas in New York, Washington, Texas and London.
Oak View was responsible for the naming rights process, as outlined in its contract with the city, which the council approved in April 2019. The naming agreement was negotiated by Global Partnerships, the sales and marketing arm of Oak View. Group responsible for sales in all OVGs. Arena development projects.
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The name announcement comes after the facility reached a construction milestone with the installation of the final truss and roof enclosure in April. In May, the north, south and east facades of the arena were completed. Workers focused on interior design in June.
Next month, the teams are expected to set up the rink where Savannah’s first professional minor league hockey team will play.
The $ 165 million arena project is funded largely by $ 142 million in sales tax revenue from voter-approved local special-purpose options known as SPLOST. In addition to the building, the cost includes site work, widening a section of Stiles Avenue, improving the sewers and widening part of the Springfield Canal.
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Along with the difficult construction costs, for which the city approved $ 147.5 million, the $ 165 million also includes architectural, engineering and project management work. The city also approved an additional $ 13.2 million for a 400-space parking garage.
The arena and improvements to the surrounding Canal District is one of the largest projects ever undertaken by the City of Savannah.
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Katie Nussbaum is the city and county government reporter for the Savannah Morning News. Contact her at [email protected] Twitter: KmartSMN