• Detroit’s Cobo Center Awards Naming Rights to Chemical Bank

     
    POSTED February 27, 2019
     

In an unprecedented move, The Detroit Regional Convention Facility Authority (DRCFA) has awarded the naming rights of Cobo Center to Chemical Bank, the largest bank headquartered in Michigan. Chemical Bank and the DRCFA will announce the new name of the convention center by the end of 2019; the name will remain Cobo Center until that time. Chemical Bank was selected to receive naming rights after an extensive competitive process.

“Our announcement gives us all an important message: that public-private partnerships work, and that we continue to dedicate ourselves to serving the customers of this great Center and to the rebuilding of a truly great American city,” says Larry Alexander, Chairman of the DRCFA and President and CEO of the Detroit Metro Convention & Visitors Bureau. “There could not be a better partner than Chemical Bank.” 

The DRCFA has worked diligently to ensure the current Cobo Center is a financially self-sustaining facility by 2024. The DRCFA is currently ahead of schedule and has saved the state’s taxpayers an estimated $74.7 million since its inception in 2009. The naming rights initiative for the convention center has been a longtime goal of the DRCFA. Michigan taxpayers will receive significant benefit in sponsorship revenue to offset the cost of operating the convention center. 

Chemical Financial Corporation recently announced its merger with TCF Financial Corporation, which will be headquartered in a new 20-story building in downtown Detroit. The combined holding company and bank will operate under the TCF name and brand following the closing of the merger. The merger is expected to close in the late third or early fourth quarter of 2019. 

Aventri, a leader in events management software (EMS), recently released ‘The Top 100 Meeting and Event Venues in the United States’ for 2019. The company took the ten top-rated meeting and event cities in the United States and picked the top ten venues in each area, compiling a list of 100 highly-regarded spaces. 

The guide identifies the two most valuable factors in attendee satisfaction as venue location and activities in the host city, followed by capacity, uniqueness and proximity to local attractions.

 

The Fields, the Midwest's first luxury glamping experience, will be opening in South Haven on June 15, with reservations available seven days a week through the last weekend of October. The 30-acre property is located 3.5 miles from the beaches of Lake Michigan and will hasve 10 rooms that can each accommodate two adults. 

 

The Greater Lansing Convention and Visitors Bureau (GLCVB) met with the Greater Lansing Sports Authority (GLSA) on March 13 to announce good news for the local economy and present awards to several honorees throughout the Greater Lansing area.