Royal Farms Arena is an arena located in Baltimore. The Arena is located about a block away from the Baltimore Convention Center on the corner of Baltimore Street and Hopkins Place; it is also only a short distance from the Inner Harbor. It seats 11,100 and can be expanded up to 14,000, depending upon the event. The Arena is owned by the city of Baltimore and is currently managed by SMG, a private management company.
The Arena officially opened October 23, 1962. Designed by AG Odell Jr. and Associates, it was built on the site of "Old Congress Hall", where the Continental Congress met in 1776. As a cornerstone for the Inner Harbor redevelopment during the 1980s, it was reopened after renovations and was renamed the Baltimore Arena in 1986. In 2003, it was renamed for 1st Mariner Bank, which purchased naming rights to the arena for 10 years. It was reported that 1st Mariner Bank paid the city $75,000 a year to keep the naming rights to the complex. When this naming rights agreement ended in 2013, the arena was briefly returned to its "Baltimore Arena" name, until Royal Farms purchased the naming rights in September 2014. This deal calls for Royal Farms to pay $250,000 annually for five years to the city, and gives Royal Farms first rights to renew or restructure their deal at the end of the contract, or in the event that the city constructs a new arena.
Source: Wikipedia.org
Copyright: Creative Commons 3.0
United States
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