Prospera Place will stay Prospera place, at least until 2019.
RG Properties Ltd. and Prospera Credit Union announced Tuesday that they have signed a five-year renewal agreement for the naming rights.
The extension will keep the facility’s name as Prospera Place through January of 2019.
Prospera Place was constructed in 1999, with a capacity of 6,000-8,000 people for concerts and hockey games. RG Properties says the facility also provides hundreds of jobs.
“Prospera Place has become synonymous with the city of Kelowna,” said Graham Lee, Owner of RG Properties LTD.
“We have a great partnership with Prospera Credit Union and appreciate their support of, and reach into the community. We are very pleased to be extending our agreement, and look forward to great outcomes over the next five years.”
Prospera Credit Union has held the naming rights since 2003.
“In 2003, our Prospera team was very excited to extend our credit union operations to serve the Okanagan community,” said Prospera’s President and CEO, Bruce Howell.
“In the decade since, we have put down roots, built strong relationships and expanded operations to serve members through four branches. Supporting the local community is important to us as a co-operative, and we’re thrilled to continue our arena partnership.”