Rendering of the Cross Insurance Center in Bangor, Maine
Cross Insurance Center, Bangor, Maine
Date Announced: July 20
Owner/Tenant: City of Bangor/Anchor tenant to be determined; arena will host concerts, conventions, sporting and other events
Terms: Cross Insurance is paying $3 million over 15 years for the naming rights during that period. The company will pay the amount in installments of $50,000 per quarter, or $200,000 per year. Cross Insurance can extend the deal by as much...