PeoplesBank Arena

The PeoplesBank Arena (originally known as the Hartford Civic Center and formerly as the XL Center) is a multi-purpose arena and convention center located in downtown Hartford, Connecticut. Owned by the City of Hartford, it is managed by the quasi-public Capital Region Development Authority (CRDA), under a lease with the city, and operated by OVG. The arena is ranked the 28th largest among college basketball arenas. It opened in 1975 as the Hartford Civic Center and was originally located adjacent to Civic Center Mall, which was demolished in 2004. It consists of two facilities: the Veterans Memorial Coliseum and the Exhibition Center. In December 2007, the center was renamed when the arena's naming rights were sold to XL Group insurance company in a six-year agreement. This agreement was extended and lasted until 2025 when the arena was renamed as part of an agreement with PeoplesBank. On March 21, 2007, the CRDA selected the Northland/Anschutz Entertainment Group proposal to operate the arena complex; Northland also developed the Hartford 21 residential tower on the adjacent Civic Center Mall site. The agreement also stated that Northland would assume total responsibility for the building bearing the cost of any and all losses, and would retain any profits. In 2012, the CRDA put the contract out to bid with hopes of combining the operations with Rentschler Field. In February

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