Sedgwick County commissioners voted today to give Intrust Bank naming rights to the new downtown Wichita arena, according to sources.Bank and county officials aren't commenting on situation, but sources say the bank will pay more than $10 million for the rights for more than 20 years.
Intrust Bank, owned by Intrust Financial Corp., is the largest locally owned bank in Kansas, with $3.3 billion in assets and 43 offices in Kansas and six in Oklahoma. It originally was chartered in 1876.
The bank has been in talks on naming rights for the arena since the beginning.
There was last-minute jockeying for naming rights to other areas of the arena, such as its concourse and the plaza out front.
"We're going to try to maximize naming right possibilities," Unruh said.
Voters approved the 15,000-seat arena in 2004. A 30-month, 1 cent sales tax ended Dec. 31 and generated about $205.5 million.
Work began Nov. 19 on the arena's concrete structure and the arena is expected to be completed in early 2010.
The bank has been in talks on naming rights for the arena since the beginning.
There was last-minute jockeying for naming rights to other areas of the arena, such as its concourse and the plaza out front.
"We're going to try to maximize naming right possibilities," Unruh said.
Voters approved the 15,000-seat arena in 2004. A 30-month, 1 cent sales tax ended Dec. 31 and generated about $205.5 million.
Work began Nov. 19 on the arena's concrete structure and the arena is expected to be completed in early 2010.
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