• A New Identity for Detroit's Cobo Center

     
    FROM THE Summer 2019 ISSUE
     

    Chemical Bank buys rights to downtown Detroit's Cobo Center nameplate.

The Detroit Regional Convention Facility Authority (DRCFA) calls it an unprecedented naming rights contract for a convention center in America.

It’s an exclusive $1.5 million-per-year deal to rename Cobo Center announced with Chemical Bank, which will become TCF Bank after the merger of the two banks is completed. The naming rights is anticipated to generate $33 million for the facility over the next 22 years.

A $5 million annual state subsidy for the 2.4-million-square-footprint, the 17th largest in the United States, will end by 2024. The new naming rights deal is expected to help Cobo Center become financially solvent, but some say it may not keep the 59-year-old complex completely in the black long-term.

“This unprecedented naming rights agreement is a great win for all parties. Chemical Bank makes a strong statement of commitment to the region and secured naming rights to a convention center that is growing in notoriety every day,” says Claude Molinari, general manager of Cobo Center.

The 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 bank, the largest headquartered in Michigan, will move into a new 20-story building in downtown Detroit, pending regulatory approval of the Chemical Financial Corp. and TCF Bank merger and construction completion.

“The taxpayers of Michigan receive significant benefit in sponsorship revenue to offset the cost of operating this amazing convention center and a great partner in a trusted Michigan-based banking institution,” says Molinari. “It speaks so very well of the rebirth of this facility, this city and this region that the most valuable naming rights deal for a convention center ever was executed in Detroit.”

In 2009, operational control of Cobo Center transferred from the city of Detroit to the DRCFA under a collaborative agreement by the Michigan State Legislature, Detroit, and Wayne, Oakland and Macomb counties. Each of the entities is represented by an appointed member on the DRCFA board. Larry Alexander was appointed by the governor and serves as chairman of the board.

MACVB Annual Educational Conference finally reaches the shores of Mackinac Island.

As I rode in the carriage from the Shepler’s Ferry terminal to the Grand Hotel on Mackinac Island, my mind wandered to a scene from “Monty Python and the Holy Grail.” In said scene, King Arthur and his sidekick, Patsy, approach a castle while galloping and banging coconuts together. After a few moments passed and my mind wandered back to the tree-lined streets of the island, I realized it was the clippety-clop of the draft horses pulling our carriage that brought on my thoughts of Python.

 

First came COVID. Then came the tornado.

The northern Michigan community of Gaylord was just starting to rebound from the pandemic with its groups and events business as a new season was getting underway when a rare EF3 tornado with estimated wind speeds between 136 and 165 miles per hour struck May 20.

Two people were killed and at least 44 were injured, according to official reports at the time. West Michigan meteorologist Bill Steffen said it was the strongest tornado to strike in the U.S. that month. 

 

A conference or convention venue might be described by meeting planners as offering ease and convenience for multiple reasons. It may be because its address is easily accessible from numerous compass points. Or perhaps it’s the destination—with a variety of opportunities for activities and entertainment close-by. And of course, it could be that the venue itself offers a peaceful, easy setting with all the comforts you could want. 

Well, at Treetops Resort, it’s all of the above.