Stormont-Vail paying $2.75 million naming rights to Kansas Expocentre
The Kansas Expocentre has a new name.
Venue management company Spectra announced Thursday the facility will now be called the 'Stormont Vail Events Center' after entering a 10-year partnership with the health care provider.
"Today is an exciting day because it marks a true first. A momentous occasion in the facility's history. The very first name acquisition of the property and the campus in its 30th plus years," General Manager Kellen Seitz said.
The $2.75 million deal calls for Stormont Vail to pay $250,000 per year for the naming rights, plus the hospital will pay an additional $75,000 up front to make the signage.
"H.R. Cook said years ago that nobody would ever pay for naming rights for the Expocentre. Guess what? He was wrong," Shawnee County Commissioner Bob Archer said.
The new name will bring numerous changes to the venue, including new signage both inside and outside the facility, as well as a Mother's Room.
"It will allow us to bring in exciting events that will attract people to the community. It will have a positive economic impact and also just create a greater sense of community," CEO and President of Stormont Vail Health Dr. Rob Kenagy said.
Spectra says they identified and negotiated the naming rights contract with Stormont Vail. The management company has been in charge of the venues operations since 2007.
Spectra says the new name is just one highlight of transformations underway at the event center since they took over. Other accomplishments include bringer larger events to the venue, and the current $48 million renovation project.